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Mortgage Pros, Consumers Differ Significantly in View of Economy, Mortgage Standards

by devteam June 18th, 2015

Senior executives polled recently by Fannie Mae expressed increased optimism about the demand for purchase mortgages and their own profitability, at least over the short term the company said today. The results of Fannie Mae's Mortgage Lender Sentiment

85% of Low End Homes Remain Underwater

by devteam June 18th, 2015

More than a quarter of a million homeowners emerged from underwater the first quarter of 2015, an increase of $694 billion in positive equity in homes during the quarter. CoreLogic said the total number of mortgaged residential properties with equity

Refi Apps at 5-Month Lows

by devteam June 17th, 2015

Interest rates increased to the highest levels since last fall and the volume of mortgage applications responded as might be expected, falling across the board. The Mortgage Bankers Association (MBA) said its Market Composite Index dropped 5.5 percent

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