Tag Archives: Profits

Both raw profits and return on investment have improved nationwide for 11 straight years, shooting up again in 2022 as the national median home price increased 10% to $330,000—another annual record.

Don Layton, the current Senior Industry Fellow at the Joint Center for Housing Studies at Harvard University—and former CEO of Freddie Mac—released a new column on the policymaking ...

Independent mortgage banks hit a seven-year high in profits in Q3 2019, but what was the biggest cause for this record high?

How easy is it for sellers to purchase a new home at today’s prices, even with their newfound returns?

Despite a record-high first mortgage loan balance, independent mortgage banks and mortgage subsidiaries weathered falling production profits and production volumes in 2017.

Lender sentiment is at an all-time low according to the latest Mortgage Lender Sentiment Survey by Fannie Mae that was released on Thursday. The profit margin outlook, as ...

Independent mortgage bankers profits are up, according to the Annual Mortgage Bankers Performance Report. Independent mortgage banks and mortgage subsidiaries of chartered banks made an average of $157 more on average per loan originated in 2016 compared to 2015. The report also found that average production volume was $2,679 million per company, another increase from 2016’s $2,504 million per company.

Fannie Mae’s survey respondents point to competition from other lenders and market trend changes, such as a shift from refinance to purchases, as top reasons for low profit margins. However, respondents point to government regulatory compliance, a historically top reason for lenders’ decreased profit outlooks, as a lesser reason.

Like fellow GSE Freddie Mac earlier this week, Fannie Mae reported solid financial results for the third quarter. What factors drove the positive earnings for Fannie Mae?

Q3 was the first profitable quarter overall of 2016 for Nationstar Mortgage. What was the reason for the turnaround?