IMBs and mortgage subsidiaries of chartered banks reported a pre-tax net production profit of $973 on each loan they originated in the second quarter, compared to a net production profit of $727 per loan in the first quarter, MBA reported.
IMBs and mortgage subsidiaries of chartered banks reported a pre-tax net production profit of $973 on each loan they originated in the second quarter, compared to a net production profit of $727 per loan in the first quarter, MBA reported.