Jumbo Sector Has Strengthened, But Agency-Eligible Production Still Dominates Originations Picture
November 29, 2012
The conforming mortgage market continued to dominate new loan originations during the third quarter of 2012, accounting for a whopping 85.7 percent of the periods robust $475 billion in new originations, according to a new Inside Mortgage Finance analysis and ranking. The conforming market which includes loans with government insurance and conventional mortgages up to the eligible loan limit for Fannie Mae and Freddie Mac represented 84.5 percent of new originations in 2011. During 2010, the conforming market accounted for a record 90.1 percent of new loan production. The jumbo sector made...[Includes two data charts]