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Home » Store » News » Thrift Mortgage Originations Dip in Early 2004, But Retained Portfolio Grows Sharply

Thrift Mortgage Originations Dip in Early 2004, But Retained Portfolio Grows Sharply

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New mortgage originations by the thrift industry followed the rest of the market during the first quarter of 2004, with total production hitting its lowest level since the third quarter of 2002. But while thrifts saw new originations drift 9 percent lower from the fourth quarter, to $130.4 billion, the industry posted a staggering 11.5 percent increase in its retained holdings of unsecuritized
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