With average origination volume at its highest level in four years, independent mortgage bankers now have five consecutive quarters of pretax net production profits, a quarterly survey found. Processing Content This continued the turnaround from the widespread losses posted between 2022 and 2024, Marina Walsh, the Mortgage Bankers Association’s vice president of industry analysis, said. […]

Mortgage rate projections have shifted notably higher in the past month, adding to origination challenges in a market where housing demand is wavering, according to Fannie Mae. Processing Content Previous forecasts suggested long-term mortgage rates would average around 6.3% going into 2027, but now they’re on track to be as much as half of a

Independent mortgage banks have become a cornerstone of the American housing finance system. They originate a majority of new mortgages, service a growing portion of federally backed loans, and provide credit access in communities that might otherwise be underserved. Yet the regulatory framework governing large IMBs has not kept pace with their importance. Processing Content