MBA: 4Q Mortgage Delinquencies Fall to 40-Year Low

Mortgage delinquency rates for loans on one-to-four-unit residential properties in the fourth quarter fell to the lowest level since the Mortgage Bankers Association began tracking such data.

MBA: 4Q Mortgage Delinquencies Fall to 40-Year Low

Mortgage delinquency rates for loans on one-to-four-unit residential properties in the fourth quarter fell to the lowest level since the Mortgage Bankers Association began tracking such data.

#MBAIMB20: Mortgage Market Outlook for IMBs

NEW ORLEANS—Last year at the Mortgage Bankers Association’s Independent Mortgage Bankers Conference, the outlook for the economy and IMBs seemed a bit bleaker. “We thought we were going to be chased off the stage,” quipped MBA Vice President of Industry Analysis Marina Walsh.

#MBAIMB20: Mortgage Market Outlook for IMBs

NEW ORLEANS—Last year at the Mortgage Bankers Association’s Independent Mortgage Bankers Conference, the outlook for the economy and IMBs seemed a bit bleaker. “We thought we were going to be chased off the stage,” quipped MBA Vice President of Industry Analysis Marina Walsh.

MBA Chart of the Week: IMB Production Costs

MBA in late November released its Quarterly Performance Report for the third quarter. The total sample of 338 independent mortgage banks and mortgage subsidiaries of chartered banks earned an average pre-tax production profit of $1,924 on each loan they originated–a substantial year-over-year improvement from $480 per loan in third quarter 2018.

MBA Chart of the Week: IMB Production Costs

MBA in late November released its Quarterly Performance Report for the third quarter. The total sample of 338 independent mortgage banks and mortgage subsidiaries of chartered banks earned an average pre-tax production profit of $1,924 on each loan they originated–a substantial year-over-year improvement from $480 per loan in third quarter 2018.

MBA: IMB Profits Rise to Near Seven-Year High in 3Q

Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $1,924 on each loan they originated in the third quarter, up from $1,675 per loan in the second quarter, the Mortgage Bankers Association reported Thursday.

MBA: IMB Profits Rise to Near Seven-Year High in 3Q

Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $1,924 on each loan they originated in the third quarter, up from $1,675 per loan in the second quarter, the Mortgage Bankers Association reported this morning.

MBA Chart of the Week: Warehouse Lines for Loans Held for Sale

This week’s chart plots quarter-end average warehouse usage levels from inception of the MBA Warehouse Lending Survey in June 2018 through September 2019. It further compares these usage levels to MBA estimates of purchase and refinance origination volume for the respective quarters.