Mortgage Profitability Report 1Q17

Mortgage banking remained profitable for the vast majority of banks and thrifts that are in the business, but earnings declined sharply in early 2017 and more institutions quit the market, according to an Inside Mortgage Trends analysis of call reports.

Some of the 35 percent decline in profits relative to 4Q16 can be attributed to new reporting requirements, which now allow banks with less than $1 billion in assets to provide more limited data on mortgage-banking earnings. Banks of this size accounted for approximately 10 percent of the 4Q16 earnings.

Diving in for a closer look, while only 18 percent of banks saw improved earnings compared to the prior quarter, some of those saw significant upticks. Those ranks included #1 Wells Fargo (+74.7 percent), #13 HSBC (+900.9 percent), #42 NYCB (+199.4 percent), #107 Magnolia Bank (more than tenfold increase) and #480 Cape Cod Co-Operative Bank (+612.5 percent).

Learn more about the financial twists and turns at mortgage companies with Inside Mortgage Finance’s Mortgage Profitability Report. Issued quarterly, this report digs into the financial performance for hundreds of lenders, so you know what’s contributing—or detracting—from their bottom lines.

The report includes exhaustive lender-by-lender rankings of the latest mortgage-banking earnings and sales activity figures as well as orderings showing the current state of lenders’ repurchases and mortgage servicing rights assets. In addition to the micro detail by lender, the report provides marketwide analysis of these important performance measures and additional profitability information on the industry’s biggest players.

Use the Mortgage Profitability Report to get a firm handle on how well your own efforts are faring compared to the competition and the industry as a whole. You’ll also have the information you need to see where the market is going so you can get there with, or before, it.

You’ll have in-depth numbers on

  • Bank Mortgage-Banking Earnings
    Net income results for all institutions with more than $1 billion in assets (631 institutions in 1Q17) 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 top firms.
  • Bank Mortgage Sales Activity
    Mortgage sales results for the banking operations of all lenders with more than $1 billion in assets (654 lenders) and the market.
  • Bank/Thrift Mortgage Repurchase/Indemnification Activity
    Ranking of institutions (97 institutions) by repurchase volume
  • Bank Mortgage Servicing Rights Assets
    Unpaid principal balance of servicing for others and fair market value of MSRs for all institutions with more than $1 billion in assets (841 institutions).

Choose "PDF Format" for immediate download of document. You will also be able to access the document, at any time, through the "My Account" feature on

PDF Format, 1Q17 edition - $536.00
Print Edition, with US shipping, 1Q17 edition - $536.00
Print Edition, with international shipping, 1Q17 edition - $586.00
Subscription (4 quarterly reports, PDF format) - $1,246.00

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


Who "owns" the mortgage customer that’s brought to a wholesale lender through a loan broker?

The broker. It’s his/her client.
The wholesale/table funder. They’re taking the financial risk.
The broker, but only for the first year. After that, the borrower is fair game.
Hard to answer. It’s a complicated issue.

vote to see results