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Origination News | Lender Ranking | Fundings by Lender | Statistics
Quarterly residential mortgage production by lender. Subprime, Alt-A, home equity and conforming originations. Volume by quarter since 2003.
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| Originations Surge at Texas Bank
$1.3 billion May 31 year-to-date volume
June 22, 2009
By MortgageDaily.com staff
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Mortgage originations have exploded at Colonial Savings F.A.
Subsidiaries Colonial National Mortgage and CU Members Mortgage have funded 7,217 loans for $1.3 billion from Jan. 1 through May 31, an announcement today said.
Production jumped 85 percent from 3,934 mortgages for $0.7 billion during the same period in 2008.
The share of refinances during the latest period reached 77 percent,
The Fort Worth-based company, which was founded in 1952, said it retains servicing on 98 percent of the loans it originates. |
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