MBA last week released its latest Quarterly Performance Report for the first quarter. In this week’s Chart of the Week, we show production revenues compared to production expenses from first quarter 2018 to first quarter 2022.
Tag: Marina Walsh CMB
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.
Share of Mortgage Loans in Forbearance Falls Under 1%
Loans in forbearance fell to another pre-pandemic low below 1%, the Mortgage Bankers Association reported Monday.
MBA Chart of the Week May 9, 2022: Loans in Foreclosure Process
The Mortgage Bankers Association’s National Delinquency Survey covers national and state delinquencies through the first quarter of 2022.
MBA: Mortgage Delinquencies Decrease in First Quarter
The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 4.11 percent of all loans outstanding at the first quarter’s close, the Mortgage Bankers Association’s National Delinquency Survey reported.
MBA: Mortgage Delinquencies Decrease in First Quarter
The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 4.11 percent of all loans outstanding at the first quarter’s close, the Mortgage Bankers Association’s National Delinquency Survey reported.
Quote
“The mortgage delinquency rate dropped for the seventh consecutive quarter, reaching its lowest level since the fourth quarter of 2019. The decrease in delinquency rates was apparent across all loan types, and especially for FHA loans.”
–Marina Walsh, CMB, MBA Vice President of Industry Analysis.
MBA: Mortgage Delinquencies Decrease in First Quarter
The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 4.11 percent of all loans outstanding at the first quarter’s close, the Mortgage Bankers Association’s National Delinquency Survey reported.
MBA Chart of the Week Apr. 29 2022: Diversity, Equity and Inclusion
According to the inaugural 2021 Diversity, Equity and Inclusion Study, conducted by McLagan and recommended by Mortgage Bankers Association, participating mortgage firms – both residential and commercial/multifamily – had varied policies, practices and initiatives to further racial and gender equality within their organizations.