All Cylinders Firing in 2Q16 as Surging Purchase-Mortgage Market Boosts Volume Across the Board
August 18, 2016
The boom in mortgage originations during the second quarter of 2016 pushed volume higher in all the major product categories, according to a new Inside Mortgage Finance ranking and analysis. The conventional-conforming sector saw the biggest increase in originations, a 36.0 percent jump from the first three months of the year. Lenders produced an estimated $272.0 billion of conventional-conforming mortgages, which represented ... [Includes two data charts]