Volume 29 - Number 4
January 27, 2012
Downloads Available: Mortgage Origination Indicators - 4Q11
Downloads Available: Top Mortgage Lenders in 2011- 4Q11 (25 lenders)
Fourth-Quarter Rally Still Leaves 2011 Originations at Lowest Level in 11 Years
Originations of 1-4 family residential mortgages rose by a substantial 19.4 percent at the end of last year, but 2011 still ranked as the worst year for new production activity since year 2000. Mortgage lenders produced an estimated $1.35 trillion of home loans last year, down 17.2 percent from the total in 2010, according to Inside Mortgage Finance. Production hit a low spot during the second quarter, when just $280.0 billion in new mortgages were originated – the weakest quarter since financial markets seized up at the end of 2008. New record lows in mortgage interest...(Includes two data charts)
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