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Refinances boost loan origination projections (access required)

by Becky Hurley

Published: March 16,2009

Time posted: 9:46 am

Tags: finance, mortgage

Projections for U.S. home financing this year have increased $400 billion. An increase in conventional refinances is responsible for the bright outlook, according to www.MortgageDaily.com. First-quarter residential originations are expected to reach $430 billion, Freddie Mac said in its March Economic and Housing Market Outlook. Estimated U.S. production is 46 percent higher than estimated fourth-quarter 2008 volume ...





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