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. (This same form is also used by Freddie Mac and Ginnie Mae.)

A mortgage banker is required to submit the Mortgage Bankers' Financial Reporting Form (Form 1002) four times per year, subsequent to the end of each calendar quarter. A lender must submit the form no later than 30 days after the end of the reporting period for the March 31, June 30, or September 30 reports. A lender must submit its December 31 year-end reports within 60 days after the end of the reporting period.

New users must register to submit an initial Mortgage Bankers Reporting Form via WebMB. Please e-mail or call the administrator to register your organization. The administrator will request information that will complete a user profile of company identification data (including a unique password) and, with your assistance, will indicate whether or not your lender data should be made available for the Mortgage Bankers Association's statistical trend and ratio analyses.

Additional Resources

What's New

Temporary financial eligibility and reporting requirements
Due to a temporary policy change for non-depository seller/servicer eligibility minimum liquidity requirements, the 2020 Q2 MBFRF report, due July 31, requires information (new fields in Schedule L) related to loans in COVID-19-related forbearance.

New Certification Requirement
Quarterly submissions of the Mortgage Banker’s Financial Reporting Form must be certified by the mortgage banker’s chief executive officer, chief financial officer, or equivalent.

Contact WebMB

For assistance with questions about the form, including whether a lender must submit this information, or about the preparation or submission of the reports, lenders should contact WebMB via e-mail or phone.

Call the Customer Service Hotline (9:00 a.m. until 5:00 p.m. Eastern time) at 301-453-2561.