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Volume 3 - Number 12

June 11, 2010

FHA Share of Purchase Market Booms

The FHA program accounted for nearly as much purchase-money lending as Fannie Mae and Freddie Mac combined during the first quarter of 2010, according to a new Inside FHA Lending analysis. FHA’s home-purchase financing totaled $42.9 billion, a few billion short of the $46.4 billion financed by the two government-sponsored enterprises. Purchase-money mortgages accounted for 61.1 percent of FHA originations in the first quarter, down slightly from...

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Poll

A lot has been written about the ‘Millennial Generation’ being key to the future of the housing/mortgage market, but how much of your mortgage workforce includes Millennials – those born roughly between the years 1980 to 1999?

Less than 10 percent

15%

11 to 30 percent

33%

Greater than 30 percent

18%

It’s so small we can’t even measure it.

3%

We’re tired of reading about how important Millennials are…

30%

Housing Pulse