PrimeLending's Second-Quarter Mortgage Originations Increase 17 Percent From First-Quarter Originations
Online news publication Mortgage Daily announced that PrimeLending’s second-quarter mortgage originations increased 17 percent from first-quarter originations. PrimeLending closed 14,446 loans for $3.046 billion during the first quarter, and 16,508 home loans amounting to $3.55 billion in the second quarter ending on June 30. Activity also strengthened from the second quarter of 2012, when 15,608 loans were closed for $3.119 billion.
Founded in 1998, Mortgage Daily provides analysis and articles about important mortgage organizations, litigation, compliance and mergers, as well as stories about mortgage brokers, financial regulators and other individuals associated with real estate finance.