Mortgage Profitability Report 1Q15 PDF Format, 1Q15 edition
Increased originations activity helped boost earnings from loan production and secondary marketing activity in the first quarter of 2015. But interest rate volatility pulled in the reins on servicing-related income and the value of servicing assets, dropping the latter to the lowest levels seen since the beginning of 2013.
Banks had to cough up less for buybacks in 1Q15 than they had either in the previous quarter or in 1Q14. But many continue to sit on huge reserves. For nearly one quarter of the banks who made good on buybacks in the first quarter, the remaining reserves would have covered the 1Q expense five or more times.
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 (769 institutions in 1Q15) 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 (654 lenders) and the market.
- Bank/Thrift Mortgage Repurchase/Indemnification Activity
Ranking of institutions (141 institutions) 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 (1,568 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 insidemortgagefinance.com.