Last year was a record
setting one when it comes to mortgage origination according to Black Knight’s January
Mortgage Monitor. It puts the total volume of originations during 2020
at $4.3 trillion, the highest in the company’s records. Refinance originations,
to no one’s surprise were also at an all-time high of $2.8 trillion and $1.5
trillion in purchase loans was originated, the largest annual volume since
2005. The fourth quarter also made history with all-time single quarter highs
for purchase mortgages
at $346 billion and refinancing at $869 billion. In
total, $1.3 trillion worth of mortgages were originated during the quarter.


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