Independent mortgage banks and mortgage subsidiaries of chartered banks made an average profit of $1,470 on each loan they originated in 2019, up from $367 per loan in 2018, the Mortgage Bankers Association reported Friday in its Annual Mortgage Bankers Performance Report.
Tag: Loan Production
MBA: 2019 IMB Production Volumes, Profits Rise
Independent mortgage banks and mortgage subsidiaries of chartered banks made an average profit of $1,470 on each loan they originated in 2019, up from $367 per loan in 2018, the Mortgage Bankers Association reported Friday in its Annual Mortgage Bankers Performance Report.
MBA: 2019 IMB Production Volume, Profits Rise
Independent mortgage banks and mortgage subsidiaries of chartered banks made an average profit of $1,470 on each loan they originated in 2019, up from $367 per loan in 2018, the Mortgage Bankers Association reported today in its Annual Mortgage Bankers Performance Report.
Matt Hansen: New-Era ‘What-if’ Scenarios
The pandemic is evolving rapidly, requiring businesses to respond quickly. By this point, most lenders have confirmed employee well-being and transitioned workers to remote environments where possible. For their next move, lenders need to start playing an aggressive game of “what if.”