Mortgage Profitability Report 2Q16 PDF Format, 2Q16 edition
The profit picture rebounded in the second quarter of 2016, with mortgage-banking earnings besting their 1Q mark by 8.3 percent. But it was still a far cry from where the market had been at the midpoint in 2015, dropping 31.7 percent year over year.
Origination volume and gain-on-sale margins were the engines. But servicing worked against them, with MSR valuations and their hedges hampered by the fluctuating market.
Individually, only 23 of the 781 banks that reported second-quarter mortgage-banking results posted net losses for the period, but the group included a handful of major players such as Bank of America and Citigroup.
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 (781 institutions in 2Q16) 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 (838 lenders) and the market.
- Bank/Thrift Mortgage Repurchase/Indemnification Activity
Ranking of institutions (178 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 (1,535 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.