After peaking during the current quarterly period, single-family loan production is projected to retreat for the foreseeable future.

During the three months ended June 30, 2017, U.S. residential loan originations are expected total $512 billion, the biggest quarter of the year.

New mortgage volume is then expected to decline to $469 billion in the third quarter and $377 billion in the final-three months of the year.

Source: Mortgage Daily