Correspondent Platforms Made Big Gains Across Major Mortgage Categories in 2017
March 30, 2018
Correspondent production programs continued to gain ground in 2017 in all three major mortgage product categories, according to a new Inside Mortgage Trends analysis. Acquiring government-insured loans from correspondent lenders has been a huge part of the Ginnie Mae market in recent years, but it’s also picking up market share in conventional-conforming lending and, to a lesser extent, the jumbo arena. Government-insured lending declined by ... [Includes two data charts]
Rates were up across all default categories in the fourth quarter of 2024.
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