Retail, Correspondent Channels See Biggest Quarterly Volume Declines in 2006, Shifting Strategies at the Top
May 19, 2006
Mortgage origination volume dropped substantially in all production channels during the first quarter of 2006, but the wholesale business held up somewhat better than retail lending. An exclusive Inside Mortgage Finance analysis and ranking shows several of the top lenders in the market have shifted gears in the shrinking originations environment – and more change is likely in coming quarters. … [Three data tables included]