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Originations point to bumper year.


Cambridge Cambridge, city, Canada
Cambridge (kām`brĭj), city (1991 pop. 92,772), S Ont., Canada, on the Grand River, NW of Hamilton. It was formed in 1973 with the amalgamation of Galt, Hespeler, and Preston, all founded in the early 19th cent.
 Realty realty n. a short form of "real estate." (See: real estate)


REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property.
 Capital Companies reports that the dollar volume for loan origination The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 requests reviewed by the company in January added up to the second highest monthly total over the past 36 months

Chairman Jeffrey A. Davis said the company processed 33 origination Origination

The process through which a mortgage lender creates a mortgage secured by some amount of the mortgagor's real property.

Notes:
Also known as loan origination, everyone must go through the origination process when securing a mortgage for a piece of real
 requests totaling $512 million in January.

There was a larger number of origination requests (39) last year, but the dollar volume for these requests came to only $229.5 million, or slightly more than half of the January dollar volume for this year.

Davis reminds that lenders close a relatively small percentage of origination requests received. But it's useful to track this information as an indication of market directions, he believes.

"To start the New Year, we've been looking at an increased number of high volume portfolios as well as acquisition opportunities. It's early in the game, but the momentum is there and 2007 could unfold unfold - inline  as a big year for the company," he noted.
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Title Annotation:FINANCE
Publication:Real Estate Weekly
Date:Mar 14, 2007
Words:157
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