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Home » When Originations Decline, MBA Catches a Cold
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When Originations Decline, MBA Catches a Cold

August 31, 2018
As residential lending goes, so goes the fortunes of the Mortgage Bankers Association, the residential finance industry’s largest trade organization. MBA saw its revenues decline by 8.2 percent to $62.0 million in fiscal 2017 as its investment income plunged to $719,773 from $7.9 million the year prior, according to the trade group’s form 990 tax return. MBA’s “profit” (revenue less expenses) declined by 33.5 percent in FY 2017 to $12.7 million, a drop of $6.5 million ...
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