Tag Archives: Originations

A new mortgage report from ATTOM revealed U.S. lenders issued approximately $494 billion worth of residential mortgages in Q2 of 2023, while total activity rose after eight straight quarterly declines to 21%.

Amid larger macroeconomic uncertainties, the total homeownership rate can be attributed to the strong growth in the below-median income homeownership rate, which has sharply increased since 2016.

As the industry continues to face challenging conditions, the MBA reports that independent mortgage banks have endured four consecutive quarters of production losses, and nine consecutive quarters of volume declines.

Paramount Residential Mortgage Group has announced that Aimee Eller, a mortgage banking expert with more than 25 years of industry experience, has joined PRMG’s executive senior leadership team.

Seasoned financial services executive Aaron Drago has been named Chief Operating Officer for Deephaven Mortgage, responsible for the continuous optimization and performance of Deephaven’s daily operations.

According to a new report by J.D. Power, mortgage lenders are struggling to stand out as demand continues to plummet and rates increase, resulting in higher customer expectations and increased competition.

The research arm of Fannie Mae has moved its recession prediction from the second to the first quarter of 2023. Here are insights from Chief Economist Doug Duncan.

At the crossroads of FinTech and real estate, PropTech aims to increase efficiency and save originators money.

ATTOM released its Q1 2022 U.S. Residential Property Mortgage Origination Report, with data showing that 2.71 million mortgages secured by residential property were originated in Q1 of 2022 ...

Due to a litany of factors, Fannie Mae cut their predictions for origination activity, total sales, and GDP for 2022 and 2023.