Production of new first-lien home loans fell sharply in the first quarter of 2018, although the market was not that far off from how it began a year ago. [Includes two data charts.]
The dollar volume of loans originated for fix-and-flip transactions increased by 27 percent on an annual basis in 2017, according to Attom Data Solutions, a firm that tracks sales deeds. While loan volume and market share are increasing for fix-and-flip financing, industry analysts suggest that the market is more “rational” than it was in the run up to the financial crisis.