Drivers for profit decreases of mortgage companies U.S. 2021

According to a survey conducted among senior executives of Fannie Mae's lending institution partners in the United States, competition was the main driver of profit margin decrease. In the second quarter of 2021, 68 percent of respondents identified it as a major reason for lower profits. Market trend changes were also increasingly identified as threats to profits: in 2021, 44 percent of respondents chose this answer compared to 16 percent in 2020 and three percent in 2019.

As of the second quarter of 2021, mortgage lenders were pessimistic overall about profits in the next three months.

Share of mortgage lenders by main reason for expected lower profit outlook in the United States from 2nd quarter 2019 to 2nd quarter 2021

Characteristic	Competition from other lenders	Market trend changes	GSE pricing and policies	Consumer demand	Staffing (personnel costs)	Government regulatory compliance
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Release date

June 2021

More information

Region

United States

Survey time period

Q2 2019 to Q2 2021

Number of respondents

144 respondents

Special properties

senior executives of Fannie Mae's lending institution partners.

Method of interview

Online survey

Supplementary notes

Respondents were asked the following question: "What do you think will drive the decrease in your firm’s profit margin over the next three months? Please select the two most important reasons and rank them in order of importance." (Showing % rank 1 + 2)

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