Mortgage Origination Activity

Higher-Priced Originations (HMDA Data)

Comparison of volume of sales of higher-priced mortgages (based on spread over average prime offer rate) and market-rate loans. Includes breakouts by purchaser (Fannie Mae, Freddie Mac, Ginnie Mae, non-agency purchasers, affiliates, banks and other, which includes insurance companies, mortgage bankers, credit unions, finance companies and Farmer Mac). For each year, the total and breakouts are provided for market-rate sales and higher-priced sales. For the most recent year, higher-priced is further divided into bands based on spread above APOR. For 2011-2015 total and breakouts are also provided for HOEPA loans.

2015 Data

Chart showing number of higher-priced loans by loan type (FHA, conventional-conforming, jumbo, FSA/RHS, and VA). For each loan type, includes higher-priced percent of total loans originated and year-over-year change.

2014 Data

Poll

With rates higher this year, there has been talk of lenders liberalizing their underwriting standards in an effort to increase volume and make up for lower refis.

Do you think your shop will loosen standards over the coming three months?

Yes, but not by much.
Yes, by a lot.
Yes and, heck, we may even do non-QM lending.
No, not at all.
No and we may even tighten credit.

vote to see results