Mortgage originations slow but purchase & high home equity opportunity exist within key consumer segments

Nashville, tenn., oct. 24, 2022 (globe newswire) -- low interest rates and high demand for homes propelled mortgage origination activity during the pandemic, only to slow dramatically in 2022 during an environment of higher home prices and interest rates. a new transunion (nyse: tru) study, “where will growth in mortgage originations come from? ,” found that despite an overall decrease in the number of consumers actively seeking a mortgage, some consumer segments remain positioned as potential opportunities for lenders. the study was released today in conjunction with the mortgage bankers association 2022 annual convention in nashville.
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