Volume 2014 - Number 35
September 18, 2014
Downloads Available: Agency Purchase-Mortgage Activity - 6M14
Downloads Available: Top Purchase and Refinance Lenders - 6M14
Downloads Available: Top Lender Channel/Loan Purpose Detail - 6M14
Downloads Available: Agency Purchase-Mortgage Sellers - 6M14
Purchase-Mortgage Demand Drove 2Q14 Production Surge, But Lenders Brace for Seasonal Slowdown
Purchase-mortgage originations jumped 44.3 percent from the first quarter of 2014 to the second quarter, according to a new Inside Mortgage Finance analysis and ranking, with first-time homebuyers representing about 43.9 percent of agency activity in the sector. Purchase mortgages accounted for 64.1 percent of total mortgage production during the second quarter. That’s the highest purchase share since 1995, when financing for home purchases represented 67.2 percent of total originations. At the midway point of 2014, purchase-mortgage originations were up...[Includes four data charts]
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