Los Angeles County led all counties in the nation in mortgage originations last year, according to a study.

Originations in the county reached $15.01 billion during 1994. The next- largest mortgage volume was in Cook County, Ill., with $8.15 billion. Three of the top California counties together accounted for $27.4 billion last year, according to the report by TRW REDI Property Data, Riverside, Calif.

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