Mortgage file tracker.

Position:Statistical data
 
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Percentage of Loan Files with 800 or More Pages (all loan types) 2014-Q1 2014-Q2 2014-Q3 2014-Q4 2015-Q1 16% 27% 22% 21% 20% 2015-Q2 2015-Q3 2015-Q4 22% 22% 24% Loans with 800 or more pages grew to 24 percent. However, low-page- count loans (one to 25 pages) rose to 9 percent (up from 8 percent in the previous quarter) and continue to show that early denied- withdrawn-canceled loans are still very prevalent and likely due to lenders continuing their attempts to find borrowers to offset declines in the market. This rise in small-page-count loans continues to depress the overall percentage of loan files with higher page counts. These numbers represent a cross-section of retail, correspondent and loan purchasers. Loan Page Size Distribution (conventional loans) 401-500 501-600 601-700 701-800 2014-Q3 6% 12% 14% 14% 2014-Q4 6% 14% 18% 16% 2015-Q1 6% 14% 17% 15% 2015-Q2 5% 10% 16% 16% 2015-Q3 5% 10% 17% 16% 2015-Q4 5% 10% 15% 16% 801-900 901-1,000 1,001-Plus 2014-Q3 11% 7% 11% 2014-Q4 11% 7% 9% 2015-Q1 10% 7% 9% 2015-Q2 12% 8% 12% 2015-Q3 13% 8% 10% 2015-Q4 13% 8% 11% The highest percentage of conventional loan activity was for loans in the 601-800 page tiers. Overall, 9 percent of conventional loan production for the fourth quarter had loan page size of less than 100 pages, compared with 7 percent for the prior period. Loan File Pages by Product Type (percentage of loans with 500-900 pages) 2014-Q3 2014-Q4 2015-Q1 Conventional 51% 58% 56% Federal Housing Administration (FHA) 45% 50% 44% Department of Veterans Affairs (VA) 59% 64% 56% U.S. Department of Agriculture (USDA) 54% 57% 61% 2015-Q2 2015-Q3 2015-Q4 Conventional 54% 56% 54% Federal Housing Administration (FHA) 46% 43% 40%...

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