Independent mortgage banks and mortgage subsidiaries of chartered banks reported a pre-tax net production profit of $1,201 on each loan they originated in the third quarter, compared to a net production profit of $950 per loan in the second quarter of 2025, according to the Mortgage Bankers Association’s Quarterly Mortgage Bankers Performance Report.
Tag: IMBs
MBA: IMBs Report Production Profits in Second Quarter
Independent mortgage banks and mortgage subsidiaries of chartered banks reported a pre-tax net production profit of $950 on each loan they originated in the second quarter of 2025, compared to a net loss of $28 per loan in the first quarter, according to the Mortgage Bankers Association’s newly released Quarterly Mortgage Bankers Performance Report.
Leveraging the Home Equity Conversion Mortgage for Purchase Program in Today’s Market: A Strategic Business Move for IMBs
Imagine a widow wanting to relocate to a cozy, manageable home for her golden years. With today’s higher mortgage rates and the high cost of living, her dream can feel out of reach. But what if there was a way to make it easier?
MBA: IMB Production Losses Reach Series High in 2023
Independent mortgage banks and mortgage subsidiaries of chartered banks lost an average of $1,056 on each loan they originated in 2023, down from an average loss of $301 per loan in 2023. This represents a series high in the 15-year history of the Mortgage Bankers Association’s (MBA) Annual Mortgage Bankers Performance Report.
Freddie Mac’s Kevin Kauffman on DPA, Repurchases: #MBAIMB24
NEW ORLEANS–It’s important to solve problems together as an industry, Freddie Mac Vice President of Single-Family Client Engagement Kevin Kauffman said here at MBA’s Independent Mortgage Bankers Conference.
To the Point With Bob: Thoughts Ahead of #MBAIMB24–Consumers Benefit From Large, Diverse Collection of Mortgage Lenders
MBA President and CEO Bob Broeksmit, CMB, shares his thoughts on topics related to IMBs ahead of #MBAIMB24.
MBA: IMBs Report Net Production Losses in the Second Quarter
Independent mortgage banks and mortgage subsidiaries of chartered banks reported a pre-tax net loss of $534 on each loan they originated in the second quarter, an improvement from the reported loss of $1,972 per loan in the first quarter of 2023, according to the Mortgage Bankers Association’s Quarterly Mortgage Bankers Performance Report.