A variety of sources reveal a range of quarterly and annual mortgage origination statistics for several mortgage banking firms. The lenders include banks, credit unions and wholesalers.
Ally Financial Inc.’s fourth-quarter 2017 earnings report revealed $2.2 billion in bulk mortgage purchases during the three months that finished on Dec. 31, 2017.
From Jan. 1, 2017, through year end, Ally’s bulk purchases amounted to $4.5 billion. That was a 20 percent increase from 2016, putting the prior-year total at around $3.8 billion.o two years ago.
Source: Mortgage Daily
