Loan Think

Deconsolidation: the Statistical Proof

So, is the mortgage industry really deconsolidating, something we've been writing about for the past nine months? Answer: it would appear that way. According to newly compiled figures from National Mortgage News and the Quarterly Data Report, the nation's top five originators had a combined market share of 57.7% in 2Q compared to 60.38% a year ago – a loss of almost three full points. Will this trend continue? Consider this: with Bank of America exiting correspondent lending by yearend chances are market share declines among the nations' big boys will only accelerate in the next few quarters…

Processing Content

For reprint and licensing requests for this article, click here.
MORE FROM NATIONAL MORTGAGE NEWS
Load More