Correspondent Production Continued Strong Run in 2009; Broker Market Hit New Low
February 25, 2010
Mortgage originations by correspondent lenders working with wholesale buyers continued to account for a huge share of overall production in 2009, according to a new Inside Mortgage Finance ranking and analysis. The correspondent production channel accounted for a record 37.4 percent of total originations last year as overall originations in the market... [Includes seven charts]