According to the latest Experian-Oliver Wyman Market Intelligence Report, mortgage originations for Q2 2015 increased 56% over Q2 2014 — $547 billion versus $350 billion. Refinance activity remained relatively stable, accounting for 43% of mortgage originations in Q2 2015 versus 40% for the same quarter in 2014.
As mortgage originations continue to grow, lenders can use advanced analytics to gain insight into the latest credit trends and design more profitable campaigns.
>> Webinar: Credit trends and the current state of the real-estate market