TransUnion: Total Mortgage Balances Slip, Mortgage Originations Fall
Q2’s decline in total mortgage balances – the first since 2015 – shows spring homebuying season lenders were banking on barely materialized.
Q2’s decline in total mortgage balances – the first since 2015 – shows spring homebuying season lenders were banking on barely materialized.
In Q4 2022, originations fell 65% year over year, the largest decline since TransUnion began tracking it.
'Low-to-moderate income, VA-eligible, and self-employed offer 'origination potential,' the study says.
Q2 2021 Industry Insights Report Explores Credit Trends