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MBA study shows refis spur increase in production profits in Q1 of '09
Mortgage bankers made an average profit of over $1,088 on each loan they originated in the first quarter of 2009, according to the Mortgage Bankers Association (MBA). This profit marks a marked...
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NMP Mortgage Professional of the Month: Frederick L. Assini, President and...
Each month, National Mortgage Professional Magazine will focus on one of the industry’s top players in our “Mortgage Professional of the Month” feature. This month, we had a chance to chat with...
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MBA study: A narrowing in profit margins for independent mortgage bankers
Independent mortgage bankers and subsidiaries made an average profit of $902 on each loan they originated in the third quarter of 2009, according to a study by the Mortgage Bankers Association (MBA)....
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