Skip to main content

Mortgage Originators Survey

Survey of Mortgage Originators, First Quarter 2016

Download (PDF: 2.7 MB)

Highlights

Cover of the Q1 2016 Survey of Mortgage Originators
  • Non‐QM lending tumbled in the 1st quarter from already anemic levels as investor demand for non‐QM loans retreated, but lenders expected it to improve modestly over the next six months.
  • Credit access in general is expected to rise over the coming six months driven by gains in prime and near prime lending.
  • The share of transactions delayed due to TRID was slashed from 8.3% to just 1.8% with no cancellations due to TRID.
  • Respondents continue to advise for longer rate locks, but nearly three quarters indicated that they could complete settlement without the buffer, though the use of rate lock extensions rose.
Search Mortgage Originators Survey

Advertisement

Related Content

Qualified Mortgage (QM)

The QM is a loan that on its face would meet the ability to repay standards and have certain features associated with "safe" lending.
Looking at graphs on a tablet

Research Reports

Use the data in these reports to improve your business through knowledge of the latest trends and statistics.