In the first six months of 2020, originators of all stripes funded $23.3 billion of EC loans, accounting for 1.5% of total first-lien production. Somewhat surprisingly, lending volume for the sector was up 5.4% compared with the halfway point of 2019...
The 14 lender/servicers reported $4.02 billion in income from those activities during the second quarter, up from $1.40 billion in the first three months of 2020.