Two midsized mortgage banks reported severe drops in originations, the latest sign of an industrywide slump.
Plaza Home Mortgage, Santa Ana, Calif., said Tuesday that its June originations fell 56% from a year earlier, to $355 million.
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.
Have an account? Sign In