Mortgage Profitability Report 1Q13

The first quarter of 2013 brought mixed results to the mortgage industry. Originations slowed, but earnings continued to trend up, increasing 15.5 percent over the previous quarter. Flow into the secondary market was down, yet was still large enough to make 1Q13 the 4th best quarter in the six years of call reports. And, while expectations of a shift in interest rates and refinance activity loomed over the originations side, that potential helped fuel an increase in mortgage servicing rights valuations.

With the quarterly Mortgage Profitability Report from Inside Mortgage Finance, you’ll learn what the current trends are in the mortgage business and what is fueling them. You’ll also get specifics on the ups and downs for individual players in the top tier and learn why they are headed in a particular direction.

Each quarter, your report will include data charts and accompanying analysis on:

Bank Mortgage Banking Earnings
Net income results for all institutions (985 institutions in 1Q13) and the market.

Mortgage Earnings Snapshot
Quarterly earnings for a selection of institutions based on earnings reports.

Mortgage Profitability: Production vs. Servicing
Comparison of production and servicing income for 10 top firms.

Bank Mortgage Sales Activity
Mortgage sales results for the banking operations of all lenders (1,007 lenders in 1Q13) and the market.

Bank/Thrift Mortgage Repurchase/Indemnification Activity
Ranking of institutions (173 institutions in 1Q13) by repurchase volume.

Bank Mortgage Servicing Rights Assets
Unpaid principal balance of servicing for others and fair market value of MSRs for all top institutions (1,597 institutions in 1Q13).

The set includes four comprehensive charts that provide the complete list of applicable banks and thrifts. For Mortgage Sales Activity, for example, the list now extends to 1,007 banks and thrifts. These expanded charts are not available except through the Mortgage Profitability Report.

Each chart includes quarter-to-quarter and year-to-year comparisons. The analysis delves into the trends behind the numbers and the circumstances at particular institutions.

Use the Mortgage Profitability Report to:

  • Gauge your own results against market returns.

  • Divine future market directions and allocate resources accordingly.

  • Scout new business opportunities.

Print edition with shipping in the U.S. - $497.00
Print edition with shipping outside the U.S. - $547.00
PDF Format - $497.00

Please contact Customer Service if you need assistance: 1-800-570-5744


With originations expected to drop in 2018, will your shop turn to non-QM/non-prime mortgage products as a way to bolster volumes?

Yes, definitely. We’re planning a launch.
No. It’s still difficult compliance/regulatory-wise.
Maybe. It’s under consideration.
Not now. But things could change as 2018 progresses.

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