Sentences with phrase «loan volumes continue»
Still, according to Loretta Mester, director of research at the Federal Reserve Bank of Philadelphia, the use of credit scores in lending decisions is rising — and is likely to continue to rise — with industry consolidation, as large banks that need automated processes to handle their heavy loan volumes continue to acquire small banks.
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California loan modification requests continue to be reported with increasing volumes.
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.
Government - sponsored enterprises Fannie Mae and Freddie Mac continued to dominate the field, increasing their volume of loan originations 51 percent, according to MBA.
Lenders continued to increase the amount of capital available for commercial and multifamily real estate loans in the second quarter, even after they originated a record volume of loans in 2013, according to MBA's «Mortgage Debt Outstanding» report.
In her first year as a producer, she delivered $ 126 million in loan production volume and has continued to post strong numbers.
Refinance loans now account for 75.1 percent of applications, continuing the volume slide.
«We continue to see very little to no secondary market activity,» he says, meaning smaller lenders that can't afford to hold jumbos in their portfolios remain financially unable to make the loans, at least in significant volume.
Fannie Mae and Freddie Mac programs also continue to originate a high volume of loans, taking full advantage of the freedom given to them by the federal conservator to lend without limits on affordable housing properties.
The continued increase in HARP volume is attributed to record - low mortgage rates and program enhancements announced last fall, including removal of the loan - to - value (LTV) ceiling for borrowers who refinance into fixed - rate loans and the elimination or lowering of fees for certain borrowers.
The key to continued loan volume is a stable Treasury rate, and our panel doesn't foresee much change, predicting an average of 4.61 %, or fewer than 25 basis points above current levels.