MBA Independent Mortgage Bankers Conference, Jan. 22-24 in New Orleans. Register by Dec. 11 to Save

Join us in vibrant New Orleans for MBA’s Independent Mortgage Bankers Conference. This is the industry event of the year built for IMBs by IMBs, with a program designed exclusively for the executives and leadership teams of independent mortgage bankers of all sizes and business models. Build lasting and important relationships, hear from other IMBs, and learn meaningful solutions to make an impact for your business.

Register by Dec. 11 to Save: MBA Independent Mortgage Bankers Conference, Jan. 22-24

Join us in vibrant New Orleans for MBA’s Independent Mortgage Bankers Conference. This is the industry event of the year built for IMBs by IMBs, with a program designed exclusively for the executives and leadership teams of independent mortgage bankers of all sizes and business models. Build lasting and important relationships, hear from other IMBs, and learn meaningful solutions to make an impact for your business.

MBA: IMBs Report Net Production Losses in the Second Quarter

Independent mortgage banks and mortgage subsidiaries of chartered banks reported a pre-tax net loss of $534 on each loan they originated in the second quarter, an improvement from the reported loss of $1,972 per loan in the first quarter of 2023, according to the Mortgage Bankers Association’s Quarterly Mortgage Bankers Performance Report.

MBA: IMBs Report Net Production Losses in the Second Quarter

Independent mortgage banks and mortgage subsidiaries of chartered banks reported a pre-tax net loss of $534 on each loan they originated in the second quarter, an improvement from the reported loss of $1,972 per loan in the first quarter of 2023, according to the Mortgage Bankers Association’s Quarterly Mortgage Bankers Performance Report.

A More Challenging Economic Environment for IMBs

NASHVILLE, Tenn.—The nation’s economy—and just as importantly, the housing market—are as challenging and as opportunistic in any time in history, according to Mortgage Bankers Association economists.