twitter linkedin
facebook google+

Mortgage News

News by Subject
Complete list of specialty news sections.

Purchase Subscription
Subscribe to and get immediate access to all news, statistics and archives.

Mortgage Advertising
Reach mortgage executives, loan originators and other people tied to mortgage industry.

Consumer Mortgage News
Free mortgage news for prospective borrowers.

Mortgage Newsletter
Free e-mail newsletter with the latest headlines from

Mortgage News Reprints
Put entire stories in your online or printed newsletter or publication.

Mortgage Feedget RSS code
Condensed stories free on your Web site or for your RSS reader.

News Archives
Archive of stories by month going back to 1999.

Press Releases
Reports and announcements from

Mortgage Statistics
Data and statistics for real estate finance.

Mortgage Directories
Directories of lenders, branch operators and mortgage service providers.

Mortgage Graphs
Directories of lenders, branch operators and mortgage service providers.

home subscribe advertise reprints e-mail help RSS about us LOG IN

Mortgage News


Mortgage News

HOT Topics









site map
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.

Q4 Purchase Projection Pared, Refi Forecast Expanded

$398 billion in Q4 originations predicted

Dec. 20, 2011

By staff

The good news is that the latest outlook for refinance originations during the current quarter has been increased. The bad news is that purchase production will be less than previously expected. The net effect is a better-than-expected finish for the year.

Residential originations from all U.S. lenders are expected to reach $398 billion during the fourth quarter.

The forecast, released Tuesday by Fannie Mae, was raised from $362 billion predicted last month.

The boost in expected activity was the result of rising refinances, which are now predicted to come in at $310 billion in the fourth quarter versus the $270 billion projected in last month's report.

But the secondary lender reduced its fourth-quarter outlook for purchase production to $89 billion from $91 billion.

During the first three months of 2012, Fannie has overall production falling to $276 billion, the same as forecasted in November.

Home-loan fundings are expected to total $1.361 trillion this year, then fall to $0.991 trillion in 2012 and $0.987 trillion in 2013.

Fannie expects refinance share of production to fall from 78 percent this quarter to 70 percent in the first-quarter 2012. Refinance share is expected to be around half or less during the rest of next year.

Total mortgage debt outstanding is expected to finish 2011 at $10.283 trillion then fall to $10.152 trillion by the end of next year.

The total as of the end of 2013 was projected to reach $10.055 trillion. Fannie raised its expectations from last month, when loans outstanding as of Dec. 31, 2013, were only expected to be $9.978 trillion.

First liens are expected to account for $9.413 trillion of the Dec. 31, 2011, total.

next story

back to current headlines

Refinance News | Refinance Share Statistics
News about refinancing programs, pricing and production. Stories about the H o m e
Affordable Refinance Program, H A R P 2.0 and other Making Home Affordable coverage.

Logout forgot

SUBSCRIBERS: Edit Subscription | Subscription Help | or call 214.521.1300

Subscribe Contact Us Site Map

Copyright © 2017 Mortgage Daily, D a l l a s
Subsribers Only:

AMC directory

ARM indexes

mortgage company directory

mortgage regulations

net branch directory

p r i c i n g engine directory

wholesale lender directory

More Mortgage News Resources (full site map):

advertising news

appraisal news

bank news

biggest lenders

commercial mortgage news

corporate mortgage news

credit news

FHA news

financial regulation news

foreclosure news

GSE news

jumbo mortgage news

interest rates

loan modification news

loan originator survey

LOS Newsletter


mortgage associations

mortgage-backed securities

mortgage books

mortgage brokers

mortgage compliance

mortgage conferences

mortgage directories

mortgage education

mortgage employment

mortgage employment index

mortgage executives

mortgage fraud

mortgage fraud blog

mortgage fraud local news

Mortgage Fraud Index

Mortgage Graveyard

mortgage insurance news

mortgage lawsuits

mortgage leads

mortgage lender ranking

mortgage licenses

mortgage litigation

Mortgage Litigation Index

Mortgage Market Index

mortgage mergers

mortgage news

mortgage politics

mortgage press releases

mortgage production

mortgage public relations

mortgage rates

mortgage servicing

mortgage statistics

mortgage technology

mortgage video

mortgage Webinars

net branch

net branch directory

nonprime news

origination news

originator tools

real estate news

refinance news

reverse mortgage news

secondary marketing

social media

servicing news

subprime news

wholesale lenders