Tag: Bank Origination

2Q 2016 Bank Mortgage Update

2Q 2016 Bank Mortgage Update

As we see second quarter earnings, mortgage production has been strong and in some cases, at record levels at some institutions. Total originations were up about 32% from 1Q, a trend that should slow with the recent increase in rates, but still be an increase for 3Q.

 

 

Here is a breakdown to help banks put their mortgage production in perspective and to help value servicing rights:

 

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