Volume 28 - Number 44
November 18, 2011
Downloads Available: Originations by Production Channel - 3Q11
Downloads Available: Top Retail Producers in 2011/ Top Wholesale Channels in 2011 - 3Q11
Downloads Available: Top Wholesale/Correspondent Channels in 2011/ Top Wholesale/Broker Channels in 2011 - 3Q11
Downloads Available: Top Seller/Servicer GSE Production by Channel - 3Q11
Lenders Return to Wholesale to Help Meet Surging Refi Demand During Third Quarter
Despite several high-profile retreats from the wholesale production channel in recent months, the mortgage industry was pressed to rely more on mortgage brokers and correspondents to meet the increased consumer demand for refinance loans during the third quarter. A new Inside Mortgage Finance analysis and ranking reveals that wholesale loan production increased by 27.7 percent from the second quarter, while the still-dominant retail channel posted a more modest 15.2 percent gain. Many companies have been paring back their retail capacity during 2011 as origination volumes fell sharply through...(Includes four data charts)
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