Items Tagged with 'profit margin'

ARTICLES

  • MBA: Lender profits to hit negative numbers in Q1

    Refi market served as blanket for seasonality drops
    It’s no secret mortgage refinance volumes are falling, leaving lenders to make up for the loss through purchase mortgages. Profit margins are expected to go negative in the first quarter as the blanket that helped with seasonality drops is now being lifted.
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  • Fannie Mae: Fewer lenders easing credit standards

    But report negative profit margin outlook for sixth consecutive quarter
    Fewer lenders are choosing to ease their credit standards, despite their negative profit margins. Mortgage lenders reported a net negative profit margin outlook for the sixth consecutive quarter, matching the all-time low reading from the fourth quarter in 2016.
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  • Fannie Mae: Lender optimism higher than ever

    But profit margins sink
    Consistent with the rest of the market, including builders and consumers, a new survey from Fannie Mae shows even lenders are hitting new survey highs when it comes to confidence in the economy. However, as the market shifts away from refinance mortgages, profit margin outlooks remain low among lenders.
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