IMBs Increase Production Profits In The Third Quarter
Lenders generated a pre-tax net profit of $701 on each loan originated in the third quarter, MBA reports
Lenders generated a pre-tax net profit of $701 on each loan originated in the third quarter, MBA reports
Growth in servicing and products helps IMBs shine in 2024
MBA reports Q2 net lost per loan of $534: an improvement from $1,972 in Q1
Only one-in-four companies were profitable for the quarter.
Says such contracts often have terms & conditions that claim to waive or limit consumer rights.