Aug 23, 2011
2012 doesn’t look good to Mortgage Bankers Assn.
23 Aug 2011
Posted by Andrew Kantor
Polishing off its crystal ball, the Mortgage Bankers Association said it expects 2012 to be a weak year for mortgages — it anticipates about $931 billion in originations, the lowest since 1997. (Compare this year, where the MBA said it expects to see about $1.1 trillion in originations.)
(Numbers junkies can see more detail in this PDF.)