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December 7, 2017

Purchase Mortgages Continued to Dominate in 3Q17 but Refis Gained Ground

By John Bancroft

Agency MBS data indicate that first-time buyers have been key to this year’s surge in purchase-mortgage activity...

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Poll

With mortgage production down noticeably this year from 2017, how many lenders might disappear via M&A or failure during the next 12 months?

10% or less. It’s not that bad out there.
11% to 25%. It’s a challenging market.
25% to 40%. It’s going to be very ugly.
No opinion.

vote to see results