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Tag Archives: Lending

IMBs Report Profit Losses in Q2

With IMBs reporting an overall net loss of $82 on each loan they originated in Q2, one analyst notes that “the second quarter of 2022 did not yield the usual Spring seasonal pick-up in purchase activity."

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Housing Finance Agency Funds $14 Million in Affordable Loans

CBC Mortgage Agency (CBCMA) announced that $14 million in affordable home loans have been purchased to date via the company's online platform—CRA Note Exchange. CBCMA's aim is to help low-moderate income consumers, often in minority neighborhoods, achieve the dream of homeownership.

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