As the quarterly volume of residential loan production sank, credit unions successfully captured a bigger piece of the U.S. mortgage market.

Single-family loan originations during the period that began on Jan. 1, 2017, and concluded on March 31 amounted to an estimated $353 billion.

he volume of mortgages made included activity from federally insured banks, federally regulated credit unions and state-licensed non-banks.

Source: Mortgage Daily