Although revenue fell slightly, average production costs dropped by about $1,800 per loan. Independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks reported a pre-tax net profit ...

Independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks reported an average profit of $443 on each loan they originated in 2024, up from an average loss of $1,056 per loan in ...

Why Productivity Growth Has Stalled: New Research Shows Leadership Systems — Not People — Are the Bottleneck Productivity is not lost because people lack competence; it is lost because leadership ...

Productivity is not lost because people lack competence; it is lost because leadership systems do not give supervisors the time, tools, or structures needed to convert human potential into value.” — ...