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Real Estate & Property Law

: Housing Wire

MBA Lowers ?09 Origination Expectations

By DIANA GOLOBAY

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The Mortgage Bankers Association (MBA) lowered the bar on its expectations of the mortgage origination industry Monday, narrowing its anticipated ‘09 origination volume by $700bn to $2.03trn. Contraction of purchase originations accounted for only $84bn of the reduction, while low refinance originations drove the rest of the reduction. The MBA now expects $737bn in purchase originations [...]

Full post as published by Housing Wire on June 23, 2009 (boomark / email).

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