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Mortgage Originations News

Last Updated June 29, 2016 11:47 AM Central


Wells Fargo LOs Continue to Dominate Top Latinos
A ranking of the biggest Latino loan officers continues to be dominated by Wells Fargo & Co.'s mortgage unit, with its LOs accounting for nearly half.

www.elliemae.com

Weekly Mortgage Applications Decline
Applications for home loans, which have yet to feel the full impact from Brexit, slumped -- with purchase financing activity off the most.

Mortgage Balances to Grow as Lending, Lates Fall
Over the next year, mortgages outstanding are expected to increase even as lending and delinquency fall -- with the Mid-Atlantic faring best.

Mortgage Coop Reaches Milestone
The recent addition of a growing new player has helped push residential loan originations at a mortgage cooperative past a significant milestone.

Refinances to Drop as Purchases, Gov Share Rise
While refinance volume and share are expected to diminish between this year and 2017, government share and purchases are predicted to rise.

Refi Slump, Rate Rise Likely to Reverse on Brexit
As rates inched higher over the past week, new refinance activity tumbled. But recent developments in the United Kingdom are likely to reverse the latest activity.
Mortgage Market Index down 11% in week ended June 24
Mortgage Apps for Refis Rise as Purchases Dip
A decline in applications for purchase financing was more than offset by acceleration in applications for mortgage refinances.

Mortgage Bankers Lift Refinance Outlook Again
For six consecutive months now, mortgage bankers have boosted their estimates of mortgage refinance volume for this year.

2016 Mortgage Refinance Forecast Raised
The projected volume of residential loans expected to be refinanced this year has been increased from last month's forecast.

Weekly Mortgage Refinance Biz Up, Purchases Down
Declining interest rates helped drive up refinance activity but weren't enough to lift the level of purchase financing. Government-insured business took a big hit.
Mortgage Market Index down 2% in week ended June 17


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Origination News | Lender Ranking | Fundings by Lender | Statistics
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LOs See Big Jump in 2012 Production
Average loan production for participants in the 2012 Loan Originator Survey was mostly unchanged between 2010 and 2011.
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