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The American Empire in a Changing World



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Friday, January 20, 2012

''Mortgage originations down 20% at big four banks in 2011''

from housing wire...

"Mortgage originations by the nation's largest four banks fell 20.4% in 2011 to a combined $717 billion from $902 billion in 2010, according to HousingWire analysis of the company's financial statements. Excluding Bank of America (BAC: 6.96 +2.35%), overall mortgage production among the big banks fell 6.3% in 2011."

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