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MBA Forecasts Originations to Drop 25% Due to Economic Uncertainty 

Oct 20, 2011By

There’s another tough year ahead with mortgage originations expected to drop 25% to $900 billion in 2012, down from an estimated $1.2 trillion in 2011, says the Mortgage Bankers Associations (MBA), driven by a significant decline in refinance originations due to economic uncertainty and fewer eligible borrowers, and only slight increases in purchase originations. “Purchase […]