Mortgage Origination Activity

Higher-Priced Originations (HMDA Data)

Comparison of volume of sales of higher-priced mortgages (based on spread over average prime offer rate) and market-rate loans. Includes breakouts by purchaser (Fannie Mae, Freddie Mac, Ginnie Mae, non-agency purchasers, affiliates, banks and other, which includes insurance companies, mortgage bankers, credit unions, finance companies and Farmer Mac). For each year, the total and breakouts are provided for market-rate sales and higher-priced sales. For the most recent year, higher-priced is further divided into bands based on spread above APOR. For 2011-2016 total and breakouts are also provided for HOEPA loans.

2016 Data

2015 Data

Chart showing number of higher-priced loans by loan type (FHA, conventional-conforming, jumbo, FSA/RHS, and VA). For each loan type, includes higher-priced percent of total loans originated and year-over-year change.

2014 Data

Poll

With originations expected to drop in 2018, will your shop turn to non-QM/non-prime mortgage products as a way to bolster volumes?

Yes, definitely. We’re planning a launch.
No. It’s still difficult compliance/regulatory-wise.
Maybe. It’s under consideration.
Not now. But things could change as 2018 progresses.

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