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Volume 2017 - Number 44

November 16, 2017

Downloads Available: Mortgage Originations by Product: 2004-3Q17

Downloads Available: Top Conventional-Conforming Producers: 9M17

Downloads Available: Top Government-Insured Producers: 9M17


Conventional-Conforming Market Tapped into Surging Refi Business in 3Q17, Other Sectors Up

Conventional mortgages that meet Fannie Mae and Freddie Mac purchase guidelines remained the biggest source of new home lending during the third quarter, although other product types saw sol-id increases in origination volume as well.

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Poll

Who "owns" the mortgage customer that’s brought to a wholesale lender through a loan broker?

The broker. It’s his/her client.

35%

The wholesale/table funder. They’re taking the financial risk.

30%

The broker, but only for the first year. After that, the borrower is fair game.

13%

Hard to answer. It’s a complicated issue.

22%