Author: PROGRESS In Lending

In The NewsProfits

IMBs Report Production Profits In The Fourth Quarter Of 2025

Independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks reported a pre-tax net production profit of $674 on each loan they originated in the fourth quarter of 2025, compared to a net production profit of $1,201 per loan in the third quarter of 2025, according to the Mortgage Bankers Association’s (MBA) newly released Quarterly Mortgage Bankers Performance Report.

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cybersecurityIn The News

Report: AI Vendor Risk Ties Cybersecurity As Top Concern For The First Time

Ncontracts, a provider of integrated compliance, risk, and vendor management solutions to the financial services industry, released the 2026 State of Third-Party Risk Management Survey — revealing that for the first time, financial institutions rank AI risk on par with cybersecurity as their top third-party concern, even as 72% admit they are only partially aware of which vendors use AI and not a single organization feels extremely confident managing it.

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