IMBs See Improvement in Production Losses in 1Q

Mortgage Professional America, May 19, 2023–Candyd Mendoza
IMBs registered a net loss of $1,972 on each loan they originated in Q1 – an improvement from the reported loss of $2,812 per loan in the previous quarter, according to the Mortgage Bankers Association’s newly released report.
https://www.mpamag.com/us/mortgage-industry/market-updates/imbs-see-improvement-in-production-losses-in-q1/446534