Following one of worst quarters in six years, federally-insured banks and thrifts experienced a rebound in retail mortgage originations in the second quarter.

The Federal Deposit Insurance Corp. reported Thursday that insured depository institutions originated $83.6 billion in single-family loans in the second quarter, up 32% from the prior quarter. First quarter retail originations totaled just $63.2 billion — the lowest since 4Q08.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.