Mortgage lending set for best quarter since 2007

lendingStrong 3rd quarter expected to push total originations above $2 trillion

By Ben Lane | HousingWire

Less than one month ago, the analysts of FBR & Co. predicted that 2016 could prove to the best year for mortgage lending since 2013, but a new report from those same analysts suggests that 2016 could be even stronger than they predicted.

Driving FBR’s increased projection is a strong 3rd quarter, which could prove to the best for mortgage lending since the 4th quarter of 2007, the analysts state.

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