According to data cited by The Wall Street Journal, refinancings accounted for 37 % of mortgage origination volume in 2017, the lowest proportion since 1995 and roughly half the percentage that prevailed in 2012. (latest.13d.com)
The Street has WFC up a whole 0.5 % on revenue this quarter and 4.3 % for the full year 2017, another act of selfless generosity based upon the bank's shaky state of governance and the sharp decline in mortgage origination volumes. (theinstitutionalriskanalyst.com)
Commercial and multifamily mortgage origination volume dipped in the third quarter, based on the Mortgage Bankers Association's (MBA) quarterly survey. (nreionline.com)