MBA: IMBs Boast Strongest Fourth Quarter Profits Since 2012

Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $1,182 on each loan they originated in the fourth quarter, the Mortgage Bankers Association reported this week.

MBA: IMBs Boast Strongest Fourth Quarter Profits Since 2012

Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $1,182 on each loan they originated in the fourth quarter, the Mortgage Bankers Association reported this morning.

MBA Updates Documents on IMB Advocacy

The Mortgage Bankers Association issued updated versions of two documents that illustrate the association’s ongoing efforts to highlight the vital role of independent mortgage banks in the mortgage industry.

MBA Updates Documents on IMB Advocacy

The Mortgage Bankers Association issued updated versions of two documents that illustrate the association’s ongoing efforts to highlight the vital role of independent mortgage banks in the mortgage industry.

MBA Updates Documents on IMB Advocacy

The Mortgage Bankers Association issued updated versions of two documents that illustrate the association’s ongoing efforts to highlight the vital role of independent mortgage banks in the mortgage industry.

#MBAIMB20: MBA Carries Torch for IMBs

NEW ORLEANS—Mortgage Bankers Association President and CEO Robert Broeksmit, CMB, has worked for, and with, independent mortgage bankers. For him–and for MBA–it’s an easy sell.

MBA Chart of the Week: IMB Production Costs

MBA in late November released its Quarterly Performance Report for the third quarter. The total sample of 338 independent mortgage banks and mortgage subsidiaries of chartered banks earned an average pre-tax production profit of $1,924 on each loan they originated–a substantial year-over-year improvement from $480 per loan in third quarter 2018.

MBA Chart of the Week: IMB Production Costs

MBA in late November released its Quarterly Performance Report for the third quarter. The total sample of 338 independent mortgage banks and mortgage subsidiaries of chartered banks earned an average pre-tax production profit of $1,924 on each loan they originated–a substantial year-over-year improvement from $480 per loan in third quarter 2018.