3Q Loan Production Best of the Year

Mortgage bankers originated $925 billion in loans during the third quarter, the industry's best showing in two years, according to exclusive survey figures compiled by National Mortgage News and the Quarterly Data Report.NMN/QDR found that through the first three quarters of the year lenders funded $2.4 trillion in home loans, and likely will end the year with well over $3 trillion in production, making it the industry's second-best year ever. Countrywide Home Loans, Calabasas, Calif., ranked first among all lenders, funding $146 billion in home mortgages, giving it a market share of 15.8%. (For a ranking of the top 30, see the Nov. 28 issue of NMN.)

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