Mortgage Originations Tumble Sharply In Early 2011, No Sign of Rebound Ahead
April 28, 2011
Mortgage origination activity dropped sharply in early 2011 and momentum is pointing toward further declines as the housing market limps into a new buying season. Mortgage lenders generated an estimated $325.0 billion in single-family originations during the first three months of the year, a decline of... [Includes two data charts]