Mortgage
Q4 2024 & 2024 Overview RM Select Snapshot
Articles by: Richey May, Mar 19, 2025
How Did Mortgage Lenders Perform in 2024?
In a challenging mortgage landscape, staying competitive means understanding where you stand. RM Select, Richey May’s powerful benchmarking tool, provides timely insights into peer performance, helping lenders make data-driven decisions.
The 2024 Overview Snapshot reveals notable trends in lender profitability. Average pretax net income (PTNI) rose to 18 basis points, marking a significant 63 bps increase from the prior year. Even more encouraging, 70% of lenders in the Retail IMB peer group reported positive PTNI for the full year, driven by gains in both net production and servicing income.
Want to see how your performance compares? Read the full snapshot below to dive deeper into the data.
For access to the detailed reports, including an analysis of the results, please email us at RMSelect@richeymay.com.
To view a Snapshot Report from a previous quarter, visit our Snapshot Library.