The Mortgage Bankers Association on Thursday released its Second Quarter National Delinquency Survey, showing the delinquency rate for mortgage loans on one-to-four-unit residential properties fell to a seasonally adjusted rate of 5.47 percent of all loans outstanding—the lowest rate since first-quarter 2020.
Tag: Marina Walsh CMB
MBA Chart of the Week Aug. 9, 2021: Share of Monthly Forbearance Exits by Reason
According to MBA’s Weekly Forbearance and Call Volume Survey, the share of loans in forbearance dropped to 3.47 percent of servicers’ portfolio volume as of July 25, 2021, from a peak of 8.55 percent as of June 7, 2020. While the number of borrowers exiting forbearance has fluctuated from one month to the next, with the largest number of reported exits in July and October of last year, the post-forbearance outcomes for borrowers have differed.
MBA Chart of the Week July 23 2021: Retail Production Channel Cost to Originate
In this week’s MBA Chart of the Week, we focus on the production costs in the retail channel. The cost to originate averaged $8,243 per loan in 2020, a $453 per loan improvement over 2019.
MBA Chart of the Week July 23 2021: Retail Production Channel Cost to Originate
In this week’s MBA Chart of the Week, we focus on the production costs in the retail channel. The cost to originate averaged $8,243 per loan in 2020, a $453 per loan improvement over 2019.
MBA Chart of the Week June 21, 2021: MBA Wholesale Lending Survey
In third quarter 2020, MBA launched a new Wholesale Lending Survey for members to track broker wholesale and non-delegated correspondent volume and related metrics. This week’s chart shows the percentage change from the previous month in average broker-wholesale and non-delegated correspondent volume.
MBA Chart of the Week June 21, 2021: MBA Wholesale Lending Survey
In third quarter 2020, MBA launched a new Wholesale Lending Survey for members to track broker wholesale and non-delegated correspondent volume and related metrics. This week’s chart shows the percentage change from the previous month in average broker-wholesale and non-delegated correspondent volume.
MBA Chart of the Week June 7, 2021: In-House Servicer Direct Servicing Costs by Function in 2020
MBA Research recently wrapped up its annual Servicing Operations Study, a deep dive analysis of servicing costs, productivity, portfolio activity and operational metrics for in-house servicers. In this week’s chart, we show 2020 direct servicing costs allocated by functional area.
MBA Chart of the Week June 7, 2021: In-House Servicer Direct Servicing Costs by Function in 2020
MBA Research recently wrapped up its annual Servicing Operations Study, a deep dive analysis of servicing costs, productivity, portfolio activity and operational metrics for in-house servicers. In this week’s chart, we show 2020 direct servicing costs allocated by functional area.
Despite Quarterly Decline, IMB Production Profits Post Record 1st Quarter
Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $3,361 on each loan they originated in the first quarter, down from $3,738 per loan in the fourth quarter but still the highest first-quarter net gain in the history of the Mortgage Bankers Association’s Quarterly Mortgage Bankers Performance Report.
Despite Quarterly Decline, IMB Production Profits Post Record 1st Quarter
Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $3,361 on each loan they originated in the first quarter, down from $3,738 per loan in the fourth quarter but still the highest first-quarter net gain in the history of the Mortgage Bankers Association’s Quarterly Mortgage Bankers Performance Report.