Form 1002, Mortgage Bankers' Financial Reporting Form (MBFRF)

An approved lender that is a mortgage banker uses this form to report financial information about its operations each quarter to the Agencies (Fannie Mae, Freddie Mac and Ginnie Mae). As of May 2024, certain large non-depository seller/servicers (defined below), are also required to submit financial information on a monthly basis in Form 1002A, which includes a subset of the fields found in the quarterly form.

A Fannie Mae seller/servicer is required to submit the Mortgage Bankers' Financial Reporting Form (Form 1002) four times per year, subsequent to the end of each calendar quarter, including: 

  • no later than 30 days after the end of the reporting period for March 31, June 30, or September 30 reports. 
  • within 60 days after the end of the reporting period for December 31 year-end reports.  

Large non-depository seller/servicers are required to submit Form 1002A monthly within 30 days after the end of each month; however, they will not be required to file a Form 1002A for the last month of a fiscal quarter, as this data will be captured in the Form 1002 quarterly submission.

New users must register to submit an initial Mortgage Bankers’ Financial Reporting Form via WebMB. Please e-mail or call the administrator to register your organization. The administrator will request information to create a user profile of company identification data (including a unique password) and, with your assistance, indicate whether your lender data should be made available for the Mortgage Bankers Association's statistical trend and ratio analyses.

Additional Resources

What's New
New Monthly Reporting Requirement

Beginning in May 2024, large non-depository seller/servicers will be required to submit a subset of MBFRF fields on a monthly basis. Large non-depository seller/servicers are those entities servicing $50 billion or more in residential first lien mortgage servicing UPB plus other servicing UPB. 

In addition, Fannie Mae may, at any time, require a seller/servicer to submit unaudited financial statements, audited financial statements other than the annual statements (if reasonably available), or any other financial information that Fannie Mae considers necessary and reasonable. Fannie Mae also has the right to require more frequent and more detailed financial reporting from a seller/servicer or additional financial requirements imposed by Fannie Mae on the seller/servicer.

Certification Requirement

Quarterly and monthly (as applicable) submissions of the Mortgage Banker’s Financial Reporting Forms must be certified by the mortgage banker’s chief executive officer, chief financial officer, or equivalent.

Contact WebMB

Mortgage bankers with questions about the form, including whether they must submit this information or about the preparation or submission of the reports, should contact WebMB via e-mail or by phone at 1-301-453-2561. The Customer Service Hotline is available 9:00 a.m. until 5:00 p.m. Eastern Time.