Mortgage

Home buying with swagger

Posted on Jun 11 2015 by

As the summer home buying season kicks into high gear, a newly released survey shows the importance of understanding credit scores and their impact on homebuyer behavior.

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25% year over year increase in mortgage originations

Posted on May 08 2015 by

Mortgage originations kicked off Q1 2015 with a 25% year over year increase to $315 billion.

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Consumers are tapping into home equity across the nation

Posted on Sep 26 2014 by

HELOC originations grew 27 percent year over year in Q2 2014.

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HELOC activity on the rise

Posted on Jul 31 2014 by

According to the latest Experian-Oliver Wyman Market Intelligence Report, home equity line of credit (HELOC) originations warmed up significantly heading into summer.

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Refi activity continues to impact mortgage originations

Posted on Jun 06 2014 by

According to the latest Experian-Oliver Wyman Market Intelligence Report, mortgage originations for Q1 2014 decreased by 53 percent over Q1 2013 – $235 billion versus $515 billion, respectively.

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Mortgage originations increase year over year

Posted on Feb 21 2014 by

The housing market continues to recover, with mortgage originations increasing 12 percent year over year, moving from $508 billion to $570 billion.

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Delinquency rates remain low in Q2 2013

Posted on Nov 02 2013 by

Credit unions were the only type of lender to have their 30 day plus delinquency rate fall below 2 percent for several key product categories. The table below provides the delinquency rate by lender and product. 30 day plus delinquency rate Q2 2013   Auto* Mortgage Bankcard Credit unions 1.52% 1.36% 1.99% Banks 2.01% 4.91% […]

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Increase in mortgage originations attributed primarily to home purchases

Posted on Oct 25 2013 by

The latest quarterly credit trends analysis by Experian shows that mortgage originations increased by 10 percent over one year ago. More importantly, the data shows a 29 percent increase in home purchases from the prior quarter and a decrease in refinance activity. Additionally, home-equity lines of credit (HELOCs) increased significantly (30 percent over last year), […]

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Refinancing activity slows down mortgage originations

Posted on Aug 18 2013 by

The $478 billion in Q2 2013 mortgage originations is a 10 percent increase over a year ago ($436 billion) but a 7 percent decrease from the previous quarter ($515 billion) — primarily as a result of the slowdown in refinancing activity.

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Defaults hit post-recession lows

Posted on Aug 01 2013 by

The June release of the S&P/Experian Consumer Credit Default Indices showed default rates continued to fall across all categories. The national composite* and the first mortgage default rate both hit new post-recession lows (1.34 percent and 1.23 percent, respectively). The table below summarizes the June 2013 results for the S&P/Experian Consumer Credit Default Indices.

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