MBA: IMBs Report Production Profits in Third Quarter

Independent mortgage banks and mortgage subsidiaries of chartered banks reported a pre-tax net production profit of $1,201 on each loan they originated in the third quarter, according to MBA’s Quarterly Mortgage Bankers Performance Report.

IMBs Report Slight Production Losses in First Quarter

Independent mortgage banks and mortgage subsidiaries of chartered banks reported a pre-tax net loss of $28 on each loan they originated in the first quarter, compared to a net loss of $40 per loan in the fourth quarter of 2024, according to MBA’s Quarterly Mortgage Bankers Performance Report.

MBA: IMBs Post Net Production Profit for First Time in Two Years

Independent mortgage banks and mortgage subsidiaries of chartered banks reported a pre-tax net profit of $693 on each loan they originated in the second quarter, an increase from the reported loss of $645 per loan in the first quarter, according to the Mortgage Bankers Association’s new Quarterly Mortgage Bankers Performance Report.

MBA: IMBs Report Net Production Losses in the Fourth Quarter of 2023

Independent mortgage banks and mortgage subsidiaries of chartered banks reported a pre-tax net loss of $2,109 on each loan they originated in the fourth quarter, an increase from the reported loss of $1,015 per loan in the third quarter, according to the Mortgage Bankers Association’s newest Quarterly Mortgage Bankers Performance Report.