MBA Chart of the Week July 8, 2002: Retail Loan Officer Productivity

In this week’s Chart of the Week, we turn to data from the longstanding MBA and STRATMOR Peer Group Roundtables Program), which recently wrapped up its Spring season for benchmarking lender performance across various production channels and peer groups.

MBA Chart of the Week July 8, 2002: Retail Loan Officer Productivity

In this week’s Chart of the Week, we turn to data from the longstanding MBA and STRATMOR Peer Group Roundtables Program), which recently wrapped up its Spring season for benchmarking lender performance across various production channels and peer groups.

MBA: 1Q IMB Production Profits Decrease

Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $223 on each loan they originated in the first quarter, a sharp drop from a reported gain of $1,099 per loan in the fourth quarter, the Mortgage Bankers Association reported Tuesday.

MBA: 1Q IMB Production Profits Decrease

Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $223 on each loan they originated in the first quarter, a sharp drop from a reported gain of $1,099 per loan in the fourth quarter, the Mortgage Bankers Association reported Tuesday.