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Q1 2026 RM Select Snapshot for Independent Mortgage Bankers

May 19, 2026

Q1 financial performance data shows encouraging signs for mortgage lenders. Production volume remains stable, and applications have increased more than 20% year over year. At the same time, the broader market picture is more complex.

Key Insights

  • Volume is rising, driven by both refinance and purchase activity
  • Pretax earnings are improving
  • Gain on sale margins are putting pressure on profitability

Explore these insights and see how your performance compares in the full Q1 2026 RM Select Snapshot below, and watch our video recap for additional commentary from Richey May’s Director of Data Analytics, Tyler House.

Download Snapshot


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.

Explore More Insights

Some of these items predate Richey May’s restructuring to an alternative practice structure. Richey May is no longer a CPA firm. All Attest services are provided by Richey, May & Co., LLP.

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