Lenders among the top 100 that specialize in B&C mortgages increased their originations by about 7.7% in the first half, turning in a fairly weak showing against the entire mortgage industry, which had an increase of about 15.5%.

With interest rates low and refinancings high, home equity loans the bread and butter for many B&C lenders were less popular, probably accounting for some of the sluggishness in the subprime market. Similarly, the finance companies among the top 100 increased originations by just 10.9%.

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