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Report: Originations Tumble 21 Percent in Fourth Quarter, Countrywide Still King
Jan 23, 2008Industry headwinds grew into a hurricane as 2007 came to a close, helping push mortgage origination volume down 21 percent in the fourth quarter relative to third quarter production. Inside Mortgage Finance reported Wednesday that industry activity totalled an estimated (and meager) $450 billion in the fourth quarter, off 38 percent from one year earlier. Fannie Mae and Freddie Mac, along with FHA, dominated the market: three out of four originations during the quarter were tied to the government lenders.
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In Milwaukee, A Foreclosure Glut
Jan 21, 2008 -
First American Warns on Q4 Losses; Will Spin Off Title Insurance Business
Jan 15, 2008 -
Bank of America Looking to Buy Countrywide; Ah, the Irony
Jan 10, 2008 -
Troubled Borrowers Flood Help Line After Rate Freeze Announcement
Dec 11, 2007 -
It’s Official: Bush Announces Subprime ARM Freeze
Dec 06, 2007 -
More on the Bailout: Tripping on the Trigger
Dec 05, 2007 -
You Ain’t Seen Nothing, Yet
Dec 05, 2007 -
Reports: Merrill Lynch Chief O’Neal Will Step Down Amid Subprime Losses
Oct 29, 2007 -
Accredited Clears Primary Regulatory Hurdle for Lone Star Acquisition
Aug 10, 2007 -
American Home Rumored to Lose Credit Facility; Stock Drops 20 Percent
Jul 19, 2007 -
Fannie Extends Foreclosure Lock-Down in Wake of Katrina, Rita
Apr 04, 2007
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