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Marina Walsh

IMB profits rise to $785 per loan in 2025 as servicing keeps more lenders in the black

HWmember, IMBs, Marina Walsh, Mortgage, Mortgage Bankers Association, Origination, Servicing /

Independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks earned an average profit of $785 on each loan they originated in 2025, up from $443 per loan in 2024, according to the Mortgage Bankers Association (MBA)’s 2025 Annual Mortgage Bankers Performance Report, released Thursday. MBA reported that the average net production profit reached 21 […]

IMB profits rise to $785 per loan in 2025 as servicing keeps more lenders in the black Read More »

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

HWmember, independent mortgage banks, LendingLife, Marina Walsh, Mortgage, Mortgage Bankers Association, Origination /

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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Home equity debt rose 10% in 2024, making it a ‘product of choice’

Debt, HELOCs, Home Equity, Home equity loans, HWmember, Marina Walsh, Mortgage, Mortgage Bankers Association /

Total originations of open-ended home equity lines of credit (HELOCs) and closed-end home equity loans increased in 2024 by 7.2% from the previous year, when comparing originators that reported in both years. That’s according to the Mortgage Bankers Association (MBA)’s 2025 Home Equity Lending Study. The study, conducted in the spring of 2025 and using

Home equity debt rose 10% in 2024, making it a ‘product of choice’ Read More »