Mortgage Originations by State

Mortgage Originations By State

Ranking of mortgage originations by state by year. Data available from 1994-2010.

2010: Data include overall volume in dollars, average loan size, market share, change from previous year. Also included are the volume of jumbo and high rate originations.

2009: Data include overall volume in dollars, average loan size, market share, change from previous year. Also included are the volume of jumbo and high rate originations.

2008: Data include overall volume in dollars, average loan size, market share, change from previous year. Also included are the volume of jumbo and high rate originations.

2007: Data include overall volume in dollars, number of originations, change from the previous year, market share, and average loan size. Also included are the volume of jumbo and high rate originations.

2006: Data include overall volume in dollars, change from the previous year, market share, and average loan size. Also included are the volume of jumbo and high rate originations.

2004-2005: Data include overall volume in dollars, change from the previous year, market share, and average loan size.

2002-2003: Data include overall volume in dollars, change from the previous year, market share, GSE purchase volume and percent of state volume for GSEs.

1998-2001: Data include the overall volume in dollars, change from the previous year, total number of loans, average loan size and national market share.

1996-1997: Data include the overall volume in dollars, the number of loans, average loan size and national market share.

1995: Data include the overall volume in dollars, percent change from the previous year, number of loans, average loan amount and change in average loan amount from the previous year.

1994: Data include the overall volume in dollars as well as number of loans, the amount of home purchase loans, refinance loans, home improvement loans and multifamily loans.

2010 Data

2009 Data

2008 Data

2007 Data

2006 Data

2005 Data

Combined 1994-2004 Data

2004 Data

2003 Data

2002 Data

2001 Data

2000 Data

1999 Data

1998 Data

1997 Data

1996 Data

1995 Data

1994 Data

Poll

Are current mortgage underwriting standards too tough?

Yes, they don’t reflect current market conditions and need to be adjusted to allow borrowers with below 700 FICO scores and smaller downpayments to qualify for mortgages.
Yes, and something needs to be done to significantly reduce repurchase or buyback risk so that lenders don’t apply even tougher underwriting overlays.
No, the standards are appropriate given current risks and the major default problems the mortgage market has experienced over the past several years.

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