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MBA Sees Purchase Boom on the Horizon
Mortgage applications increased 5.3 percent from one week earlier, according to data from the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending April 15, 2011. The...
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Could the End of the Refi Years Mean a Bottom for Loan Profits?
Independent mortgage banks and subsidiaries made an average profit of $1,082 on each loan they originated in the fourth quarter of 2010, down from $1,423 per loan in the third quarter of 2010,...
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