Jostling at the Top as Mortgage Origination Volume Surges in Second Quarter of 2006
July 27, 2006
Mortgage production levels bounced higher in the second quarter of 2006, sending year-to-date origination volume over last year’s very high levels, according to a new market analysis and ranking by Inside Mortgage Finance. An estimated $800 billion of single-family mortgages were originated during the second quarter, up 13.5 percent from a revised estimate of $705 billion for the first three months of the year. That brought year-to-date originations to $1.505 trillion, up 3.4 percent from… [Three data tables included]