Volume 28 - Number 47
December 9, 2011
Downloads Available: GSE Refinance Business - 3Q11
Downloads Available: Top Refinance Mortgage Producers in 2011/ Top Purchase Mortgage Producers in 2011 - 3Q11
Downloads Available: Top Lender Channel/Loan Purpose Detail - 9M 2011
Refinance Spurred Higher Originations In 3Q11, But Volume Remained Tepid
Refinance originations increased sharply during the third quarter, but relatively little of the gain came from the government’s streamlined program for borrowers with little or no equity. Analysts do expect an uptick in activity under the revamped Home Affordable Refinance Program, but many are braced for lackluster results. A total of $192.0 billion of refi loans were originated during the third quarter, up 31.5 percent from the previous three-month period. While that was significantly greater than the 7.3 percent growth in purchase-money...(Includes three data charts)
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