Tag Archives: 22year

Mortgage origination activity drops to a 22-year low

The mortgage industry’s 2022 slide in originations continued, with numbers falling last week to levels not seen since the Clinton administration, according to the Mortgage Bankers Association. The MBA’s Market Composite Index, a measure of mortgage activity based on surveys of association members, dropped a seasonally adjusted 6.5% for the weekly period ending June 3. […]