The Mortgage Bankers Association retail originations index surged to 184 during the fourth quarter of 2010--breaking a string of eight straight quarters during which the index never broke 100. (A figure of 100 equates to the average quarterly originations volume in 2001.) It is the highest level for the index since it came in at 185 during the third quarter of 2008.
Source: Mortgage Bankers Association
0 comments
Hide comments