Mortgage Originations Plunge, But Subprime Activity Sees Minimal Decline
National Mortgage News, May 16, 2019–Elina Tarkazikis (subscription)
Mortgage activity plunged before the start of the year, but subprime originations dropped the least, according to TransUnion. Despite dwindling volume, borrower delinquency rates hit historic lows in the first quarter.
