IMBs Report Slight Production Losses in First Quarter of 2025
May 16, 2025
May 16, 2025
WASHINGTON, May 16 [Category: Financial Services] -- The Mortgage Bankers Association posted the following news release:
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IMBs Report Slight Production Losses in First Quarter of 2025
(202) 557-2771
WASHINGTON, D.C. (May 16, 2025) -- Independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks reported a pre-tax net loss of $28 on each loan they originated in the first quarter of 2025, compared to a net loss of $40 per l . . .
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IMBs Report Slight Production Losses in First Quarter of 2025
(202) 557-2771
WASHINGTON, D.C. (May 16, 2025) -- Independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks reported a pre-tax net loss of $28 on each loan they originated in the first quarter of 2025, compared to a net loss of $40 per l . . .