“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.
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.
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.
This week’s chart shows average production employees (sales, fulfillment and support staff for such functions as production technology, post-closing and secondary marketing) and median productivity of sales staff from 2012 through 2021.
This week’s chart shows average production employees (sales, fulfillment and support staff for such functions as production technology, post-closing and secondary marketing) and median productivity of sales staff from 2012 through 2021.
Loans in forbearance fell to another pre-pandemic low to just barely above 1%, the Mortgage Bankers Association reported Monday.
Loans in forbearance fell to another pre-pandemic low to just barely above 1%, the Mortgage Bankers Association reported Monday.
Despite above-average production profits, mortgage banks saw a decline in 2021 from record profits in 2020, the Mortgage Bankers Association reported Monday.
Despite above-average production profits, mortgage banks saw a decline in 2021 from record profits in 2020, the Mortgage Bankers Association reported Monday.
In this week’s MBA Chart of the Week, we show the average net production income from fourth-quarter 2016 through fourth-quarter 2021, along with the average production volume per company.
