IMBs – Need Benjamins

Mortgage banks notch profit on loans for first time in 8 quarters

By Taylor Anderson | August 21, 2024 - 6:22 pm |August 21, 2024 Uncategorized

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The average loan balance for first mortgages rose from $345,761 in the first quarter to $356,993 in the second, the Mortgage Bankers Association reported. Continue reading →

Independent mortgage banks made more money than ever in 2020

By Kelsey Ramírez | April 13, 2021 - 3:57 pm |April 13, 2021 Uncategorized

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Independent mortgage banks’ profits surpassed previous year by nearly 186 percent, according to the Mortgage Bankers Association’s Annual Mortgage Bankers Performance Report. Continue reading →

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Mortgage banks notch profit on loans for first time in 8 quarters

Independent mortgage banks made more money than ever in 2020

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