Subprime Mortgage Originations Rise in 2016

Subprime and near-prime mortgage originations have increased in 2016, according to data recently released in TransUnion’s Q3 2016 Industry Insights Report. Subprime originations reached 64,000 in the second quarter of 2016, hitting their highest level in seven years. This was an over-the-year increase of almost 11 percent and the highest number since the fourth quarter […]