MBA Report: IMBs Report 3Q Losses

Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net loss of $624 on each loan originated in the third quarter, the Mortgage Bankers Association reported Friday.

Scott Roller: Turning Vendor Management into a Profit Center

Author Robert H. Schuller is credited for the saying, “Tough times never last, but tough people do.” As the historic refinancing boom has ended and flips to a purchase market, lenders need to be thinking it is time to get tough.

Scott Roller: Turning Vendor Management into a Profit Center

Author Robert H. Schuller is credited for the saying, “Tough times never last, but tough people do.” As the historic refinancing boom has ended and flips to a purchase market, lenders need to be thinking it is time to get tough.

Scott Roller: Turning Vendor Management into a Profit Center

Author Robert H. Schuller is credited for the saying, “Tough times never last, but tough people do.” As the historic refinancing boom has ended and flips to a purchase market, lenders need to be thinking it is time to get tough.

Rising Home Prices Spur Record Home Seller Profits

Home sellers benefited from rapidly rising home prices in 2021, with profits rising in more than 90 percent of U.S. markets to record levels, said ATTOM, Irvine, Calif.