Mortgage brokers accounted for half of all home loans last year, according to a survey by the National Association of Mortgage Brokers.

"It really shows that mortgage brokers continued to increase their share of the market," said Michael J. Hoogendyk, executive vice president of the association.

However, some in the industry believe the brokers' market share will drop when the refinancing boom fades.

Defining the Term

The association defines a mortgage broker as one that services less than half of the loans it originates.

In states without licensing, membership in a state association was the criterion.

In states without an association or licensing, lenders were asked for the names of the brokers they used.

If those brokers did not service more than 50% of their loans, they were included in the survey.

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