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Q2 Mortgage Originations up $65 billion

Q2 Mortgage Originations up $65 billion

| Sep 03, 2015 | Housing Market

The second quarter of 2015 was a banner one for the Mortgage industry, with the highest level of originations since Q4 2007. The actual figure, $395 billion, is up $65 billion quarter-over-quarter, and $98 billion year-over-year. Forbes goes in-depth on the market share of the top 5 banks, which is notable primarily because their share has shrunk dramatically over the last few years, from 53% to 35%. That’s good news for borrowers, as it means you have more choices from banks in good financial shape.

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