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» Home-Equity Originations Continue to Rise
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Home-Equity Originations Continue to Rise
December 22, 2022
Home-equity originations rose 4.2% in the third quarter as the home-equity market opened up to nonbank lenders. Untapped HELOC commitments point to further growth to come. (Includes three data charts.)
Originations
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The mortgage industry has been shedding jobs for a while now, but some lenders — particularly ones that focus on non-QMs — are talking about staffing up in anticipation of increased originations. Is your shop planning to hire this year?
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Yes, we’re expecting a boom!
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