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Home » Store » Taxable » Handful of Thrifts Realize Substantial Gains Origination Volume During 3rd Quarter Lull

Handful of Thrifts Realize Substantial Gains Origination Volume During 3rd Quarter Lull

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The thrift industry generally held its own during the third quarter’s sharp drop in mortgage origination activity – and some institutions managed to post substantial increases in volume. Lenders regulated by the Office of Thrift Supervision reported $145.42 billion in mortgage funding during the third quarter. While that was down 16.2 percent from the previous quarter, it was a slightly less severe downturn than the estimated 18.8 percent drop in the overall market. …
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