independent mortgage banks

The loan originator’s biggest challenge in 2026

Mortgage lenders have been here before. It’s a cyclical business, and most of the executives who are running firms in this industry have been through a cycle or two. The industry experiences a downturn, during which rates rise, affordability falls, and borrowers back away from the market. Eventually, rates fall. Buyers re-enter the market. Pipelines […]

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IMBs swing back to profitability in Q2 with $950 per-loan gain

Independent mortgage banks (IMBs) delivered a pretax net production profit of $950 per loan in the second quarter of 2025, rebounding from a $28 loss in the prior quarter. The improvement was fueled by seasonality, cost reductions and higher average loan balances. The data, released on Tuesday, comes from the Mortgage Bankers Association report covering

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