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Home » Jumbo Originations Down Sharply in 1Q17, Lenders Say; Optimism Persists
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Jumbo Originations Down Sharply in 1Q17, Lenders Say; Optimism Persists

April 28, 2017
Among the handful of lenders that provide relatively early reporting of their jumbo origination activity, production was down significantly in the first quarter of 2017 compared with the previous quarter, according to an analysis by Inside Nonconforming Markets. Officials at the lenders noted that seasonal factors contributed to the slowdown along with an increase in interest rates. And the lenders stress that originations are likely to rebound. First Republic Bank funded $2.52 billion ...
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