Jumbo, Conforming Markets Post Strong Production Gains in 3Q05; Subprime and HEL Sectors Cooler
November 23, 2005
New origination of prime, conventional mortgages that exceed the purchase limits for Fannie Mae and Freddie Mac was the strongest area of growth in the rising home loan originations market of the third quarter of 2005. A new market analysis and ranking by Inside Mortgage Finance shows an estimated $170.0 billion of prime jumbo mortgages were originated during the third quarter. That was up a very healthy 32.8 percent from…