Overall home lending in the second quarter fell from a year agoas the tide continued to ebb on refinancing, according a reportreleased Thursday by ATTOM Data Solutions.
The Irvine, Calif., company's latest quarterly report showed 1.9million loans were originated on U.S. residences in the secondquarter, 4% fewer than in 2015's second quarter.
Purchase originations increased 1% from a year ago — the eighthconsecutive quarter with an annual increase — and home equity lineof credit (HELOC)originations rose 5% — the 17th consecutive quarter with an annualincrease.
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