Volume 29 - Number 7
February 17, 2012
Downloads Available: Originations by Production Channel - 4Q11
Downloads Available: Top Retail Producers in 2011/ Top Wholesale Channels in 2011 - 4Q11
Downloads Available: Top Wholesale/Correspondent Channels in 2011/ Top Wholesale/Broker Channels in 2011 - 4Q11
Downloads Available: Top Seller/Servicer GSE Production by Channel - 4Q11
Mortgage Brokers Carry Significant Portion Of Increased Origination Volume in Late 2011
Loan production was up sharply in the wholesale mortgage business late last year, despite the high-profile retreat from the sector by some major lenders. A new Inside Mortgage Finance ranking and analysis reveals that wholesale production jumped 22.4 percent from the third to the fourth quarter of last year, posting a bigger gain than the 17.0 percent increase in retail originations. While the broker channel saw the biggest increase – a hefty 48.5 percent jump that raised its market share back to double digits – the correspondent business also posted a solid 14.9 percent gain in volume. Despite the fourth...
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