RealtyTrac^®[1], released its Q2 2015 U.S. Residential Loan Origination Report on Aug 13 and here is a summary of their report:

the report shows that 1,950,267 loans were originated on single family homes and condos in the second quarter, up 22 percent from the previous quarter and up 23 percent from a year ago to the highest level since the third quarter of 2013.

The total dollar volume of loans originated in the second quarter was nearly $540 billion, up 14 percent from the previous quarter and up 29 percent from a year ago. Refinance originations represented nearly $307 billion in the second quarter, 56.7 percent of total loan origination dollar volume, and purchase loan originations represented nearly $234 billion, 43.3 percent of total origination dollar volume. As a share of total loan origination dollar volume, purchase originations reached a recent peak of 51.3 percent in the third quarter of 2014.

Conventional, Jumbo, FHA, HELOC and FHA loans all see gains in the second quarter

There were a total of 1,203,722 conventional and jumbo loan originations in the second quarter, representing 61.7 percent of all loan originations. Conventional and jumbo loan originations increased 18 percent from the previous quarter and increased 17 percent from a year ago.

Markets with biggest increases in loan originations in Alabama, California, Virginia

Metro areas with a population of at least 500,000 and the biggest increase in loan originations from a year ago were Birmingham, Alabama (up 197 percent), Oxnard, California (up 58 percent), Minneapolis, Minnesota (up 51 percent), San Jose, California (up 50 percent), Los Angeles, California (up 50 percent), San Diego, California (up 49 percent) and Richmond, Virginia (up 48 percent).

Read more here.

1. RealtyTrac is a real estate information company for foreclosed and defaulted properties in the United States. It was founded in 1993 and is based in Irvine, California.