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: 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 said.

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.