Independent Mortgage Bankers – PROGRESS in Lending

IMB Production Volumes And Profits Reach Record Highs In 2020

April 13, 2021 PROGRESS In Lending Independent Mortgage Bankers, mortgage profits, mortgage volume

Independent mortgage banks and mortgage subsidiaries of chartered banks made an average profit of $4,202 on each loan they originated in 2020, up from $1,470 per loan in 2019, according to the Mortgage Bankers Association’s (MBA) Annual Mortgage Bankers Performance Report.