Items Tagged with 'Origination volume'

ARTICLES

  • Quicken Loans logs best quarter in company history

    Originated record-breaking $32 billion in mortgages in Q2
    The mortgage business has been a bit rocky in recent years, but that doesn’t appear to be holding back Quicken Loans. The Detroit-based lender logged its best quarter ever, raking in $32 billion in mortgage originations in the second quarter of 2019 – the most in its 34-year history.
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  • Here are the top 10 lenders that dominated 2017

    Ranked by loan volume
    Lenders in 2017 saw a busy and competitive housing market, keeping them thriving despite rising interest rates and uncertainty surrounding regulation. Here is the list of the top 10 mortgage originators that dominated the 2017 market by total volume of loans originated.
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  • Ellie Mae: Share of purchase originations hits 6-year high

    May saw higher percentage of purchase originations than any month since 2011
    A recent report from the Mortgage Bankers Association showed that the refinance share of mortgage applications fell to the lowest level since September 2008 during the month of May. Now, a new report from Ellie Mae shows the results of the lack of refinance applications on mortgage originations.
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  • Mortgage origination volume hits highest point since 2012

    But profitability shrinks
    Mortgage originations are up, and even hit the highest volume amount since 2012, yet as originations increased, profitability sank. When originator profits are higher, mortgage volumes are less responsive to changes in interest rates, but as it stands, the Fed’s decision over a June rate hike could hold significant consequences to mortgage origination volumes.
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