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Originations Trends, Will They Continue to Decline?

Posted by Shannon Barrow on Jun 29, 2017 11:30:00 AM

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Recently published data reflects declining originations, however; is a different story beginning to emerge? For example, the Monitor Report recently published by Black Knight Financial Services, showed that overall mortgage originations took a dive by nearly 35 percent in the first quarter of 2017. The report also disclosed other statistics of potential concern, including the fact that refinance originations dropped by 45 percent (a 20 percent drop from last year) and the amount in first-lien mortgages originated decreased by 9 percent to settle at the lowest point since the end of 2014.

 

While At first glance, this data paints a bleak picture of the present state of housing, let’s look at some positive trends.

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Topics: Present state of housing, Economic prosperity, dropping refis