On a quarterly basis, the nation’s book of mortgages expanded, though home-secured credit lines contracted. Mortgage delinquency improved
New mortgages that were originated during the period that initiated on April 1, 2017, and concluded on June 30 amounted to $421 billion.
National mortgage production was off from $491 billion in the first quarter. But there was little change from $427 billion originated in the second-quarter 2017.
Source: Mortgage Daily