Non- Agency Mortgages Account for a Paltry 5.6 Percent of First Quarter 2009 Originations
June 5, 2009
Lenders heavily favored plain-vanilla mortgages during the first three months of 2009, according to a new ranking and market analysis by Inside B&C Lending. Fixed-rate conforming agency mortgages dominated originations during the period. The non-prime sector is...