MBA (10/1/2008 ) Kan, Joel
The Mortgage Bankers Association’s 2007 Mortgage Market Summary reports highlight state-level mortgage originations. The first report,2007 Mortgage Originations by State, details the number and dollar volume of mortgage originations (overall, purchase and refinance) by state.
The report notes that lenders originated nearly 1.2 million single-family mortgage loans in California during 2007, representing 11.8 percent of U.S. originations based on loan count and 21.3 percent of U.S. originations based on dollar volume. With 734,000 originations, Florida had the second-highest number of overall originations, followed by Texas (652,000), Illinois (468,000) and Pennsylvania (427,000).
MBA Mortgage Market Summary reports are based on mortgage lending transactions at more than 8,600 financial institutions covered by the Home Mortgage Disclosure Act in metropolitan statistical areas throughout the nation. HMDA data provide the most comprehensive source of mortgage originations information.
To view the report list and download an order form, click http://www.mortgagebankers.org/ResearchandForecasts/ProductsandSurveys/
DataOnDemandServiceProductList.htm.
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