Mortgage Production Dipped in April, But Some Banks Reported Significant Increases
June 25, 2009
New mortgage originations dropped in April among major banks reporting lending activity to the federal government as a result of their participation in the Capital Purchase Program. The 10 most active mortgage lenders in the CPP reported a combined $113.26 billion in single-family mortgage originations during April. That figure, which excludes home-equity line... [Includes one chart]