Real estate is showing signs of improvement, with Q2 2012 mortgage originations increasing to $436 billion. This represents a 7 percent increase over the previous quarter and an impressive 63 percent increase over the same quarter a year ago. Refinancing activity continues to play a major role in the number of new originations.
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During this unique time in mortgage when most lenders are shattering previous origination records, focus is now drawn to new performance indicators.
The mortgage and real estate industries have been uniquely affected by COVID-19. Here's 3 components missing from a truly modernized mortgage experience.
Our 8th annual State of Credit report shows that consumer credit scores and signs of economic recovery continue on an upward trend, coming close to a prerecession environment.
