The second half is beginning to look like a spectacular one for the mortgage business, partly because last year's second half was so weak.

David Berson, chief economist at the Federal National Mortgage Association (Fannie Mae) is expecting mortgage originations to reach $400 billion in the second half this year. Last year, with lending in a slump as rates climbed, originations dove to about $297 billion.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

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