Mortgage delinquencies rose in the first quarter as the economic effects of the coronavirus pandemic began to take hold, the Mortgage Bankers Association reported this morning.
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MBA Chart of the Week: IMB Production Profits
Independent mortgage banks and mortgage subsidiaries of chartered banks reported average pre-tax production profits of 58 basis points ($1,470 on each loan they originated) in 2019, up from 14 basis points ($367 per loan) in 2018, according to the MBA Annual Mortgage Bankers Performance Report, released last month.
MBA Chart of the Week: IMB Production Profits
Independent mortgage banks and mortgage subsidiaries of chartered banks reported average pre-tax production profits of 58 basis points ($1,470 on each loan they originated) in 2019, up from 14 basis points ($367 per loan) in 2018, according to the MBA Annual Mortgage Bankers Performance Report, released last month.
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 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.
MBA Chart of the Week: Loans in Forbearance as Percent Share of Servicing Portfolios
New survey findings released by MBA this week highlight the unprecedented, widespread mortgage forbearance already requested by borrowers affected by the spread of the coronavirus (COVID-19).
MBA Chart of the Week: Loans in Forbearance as Percent Share of Servicing Portfolios
New survey findings released by MBA this week highlight the unprecedented, widespread mortgage forbearance already requested by borrowers affected by the spread of the coronavirus (COVID-19).
MBA: IMBs Boast Strongest Fourth Quarter Profits Since 2012
Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $1,182 on each loan they originated in the fourth quarter, the Mortgage Bankers Association reported this week.
MBA: IMBs Boast Strongest Fourth Quarter Profits Since 2012
Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $1,182 on each loan they originated in the fourth quarter, the Mortgage Bankers Association reported this morning.