Sentences with phrase «declining mortgage volume»
Even these will eventually feel the pain as declining mortgage volume impacts bank profits and employee compensation.
https://www.cansofunds.com/ Not exact matches
All racial groups experienced a decline in the volume of prime mortgage loans.
Prime mortgage loan volume for whites fell to $ 876 billion in 2009 from $ 1.2 trillion in 2004, while Asians saw loan volume decline to $ 90.6 billion in 2009 from $ 121 billion in 2004.
By the fourth quarter, the MBA predicts the refinancing share will continue to decline until it accounts for only 40 percent of home mortgage application volume.
«The rise in mortgage rates already has reduced mortgage origination volumes as refinance activity declines.
For example, the volume of residential mortgage loan originations typically declines as interest rates rise, resulting in lower originating fees.
Although mortgage market volumes continue to decline, Lenders One is confident that making consumers aware of available loan products and refinancing options is key to increasing loan performance.
Overall, $ 119.5 billion, eight percent of the outstanding balance, of commercial and multifamily mortgages held by non-bank lenders and investors will mature in 2013, a 21 percent decline from the $ 150.6 billion that matured in 2012, according to MBA's 2012 Commercial Real Estate / Multifamily Survey of Loan Maturity Volumes.
According to the Mortgage Bankers Association (MBA) today, the volume of applications for mortgages fell last week, primarily due to the decline in demand for home purchases.
And although the total volume of short sales and foreclosures has declined since the height of the Great Recession, 3.6 million owners nationwide remained underwater as of midyear: Their home values were less than their mortgage balances, according to the analytics firm CoreLogic.
«The significant overall production volume decline in the first quarter hurt mortgage bankers,» said Marina Walsh, MBA's vice president of industry analysis.
In 2013, $ 119.5 billion, eight percent of the outstanding balance, of commercial and multifamily mortgages held by non-bank lenders and investors will mature in 2013, a 21 percent decline from the $ 150.6 billion that matured in 2012, according to MBA's 2012 Commercial Real Estate / Multifamily Survey of Loan Maturity Volumes.
The decline in mortgage volumes probably overstates the decline in home buying activity, as some buyers purchase their homes using cash and do not need financing.
Applications slide According to the Mortgage Bankers Association (MBA) today, the volume of applications for mortgages fell last week, primarily due to the decline in demand...