Survey of Mortgage Originators, Third Quarter 2016

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Cover of the Q3 2016 Survey of Mortgage Originators

This survey covered lenders’ experiences in the fall of 2016 and also included questions on the impact of recent policy and regulatory changes. Some of the findings:

  • Non-QM lending has not bounced back from the implementation of the risk retention rule, while rebuttable presumption lending continues to gain ground.
  • Credit access for lower-credit prime borrowers is expected to rise while all other categories are likely to moderate.
  • The share of transactions delayed due to TRID rose to 2.6 percent, but both TRID and non-TRID cancelations fell.