Thrift Originations Drop
August 28th, 2009
The Office of Thrift Supervision reported that thrifts originated $62.4 billion in real estate financing during the 2nd quarter. Mortgage loan production dropped from the first quarter’s $88.1 billion and tumbled from $107.5 billion in the 2nd quarter 2008. Most lenders have become more cautious as loan modification agreements and home foreclosures continue to rise. Read the original article online at >Thrift Loan Originations Down

Recent Comments