Analysts at KBW Inc.'s Keefe, Bruyette & Woods Inc. boosted their estimate for full-year industrywide mortgage originations by roughly one-quarter, to $2.4 trillion, citing falling mortgage rates and the government's Homeowner Affordability and Stability Plan.

That would be 60% higher than last year's total, though "materially lower" than during the boom of 2003, the analysts wrote in a note sent to clients Tuesday.

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