IMBs
Latest Posts
MBA urges Cuomo to veto New York IMB bill
Aug 06, 2021The Mortgage Bankers Association asked New York Gov. Andrew Cuomo to veto a bill which would enact Community Reinvestment Act-like requirements for independent mortgage banks (IMBs) chartered in the state.
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IMBs have a duty to serve lower-income communities
Jun 09, 2021 -
Profit margin decline suggests mortgage bonanza is waning
Jun 03, 2021 -
Why federal CRA requirement on IMBs is not necessary
May 21, 2021 -
Why outsourcing is a key resource in a purchase market
Apr 30, 2021 -
Nonbank lenders profited $4,200 per loan in 2020
Apr 13, 2021 -
Lender profits are crashing back to earth
Mar 23, 2021 -
LoanDepot raises just $54M in downsized IPO
Feb 11, 2021 -
eClosing unlocks human, warehouse capacity for IMBs
Feb 08, 2021 -
Average IMB made over $5,500 in profit per loan in Q3
Dec 03, 2020 -
MBA: Forbearance rate increases for the first time since June to 5.48%
Nov 23, 2020 -
Better.com, valued at $4B, prepares for IPO in 2021
Nov 12, 2020