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/PRNewswire/ -- ATTOM, a leading curator of land, property, and real estate data, today released its first-quarter 2023 U.S. Residential Property Mortgage...
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The last time mortgage lenders did this little business, Bill Clinton was president, there was no such thing as an iPod, and a typical house cost $147,000.
It was the eighth consecutive quarterly decline of origination activity, according to a report published by Attom Data.
The total number of residential home loans in the first quarter in Greater Portland was down 56 percent from the same three months last year.
The private-label and agency mortgage-backed securities (MBS) markets, primary sources of liquidity for many mortgage lenders, are taking a beating so far this year. The question is, how bad will it get?