The Lender Performance Snapshot bar gives you a quick overview of the Lender Share, Lender Volume and Market Volume.
Based on the example in Image 1, the data can be interpreted as follows:
- The lender market share is 9.5% for a given period (the monthly view was selected) for the new mortgage registrations, and the share decreased by 0.8% from the previous month.
- 613 new registrations were observed for a selected lender, and the volume increased by 10.5% from the previous month.
- 6,428 new mortgage registrations were observed for the month, and the volume increased by 19.9% from the previous month.
- Lender share is down month-on-month despite the growth in lender volume because the market outperformed the lender.
Image 1: The Lender Performance Snapshot bar.