Explore the evolving landscape of mortgage origination, influenced by shifting interest rates, housing market dynamics, and regulatory changes. Discover strategies for lenders to adapt and thrive in this dynamic environment.
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Fannie Mae has modestly reduced its outlook for 2021 mortgage originations because of a lack of homes available for sale. That’s according to a new report from the mortgage giant.
Fannie Mae said it now projects mortgage volume this year will total $4.3 trillion, down from $4.4 trillion.
The commentary from Fannie Mae’s Economic and Strategic Research Group added that “our forecast of 2022 originations remained unchanged at $3.3 trillion.”
