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Real Estate & Property Law

: Housing Wire

REO Sales Boost Mortgage Applications

By PAUL JACKSON

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Mortgage applications bounced last week as distressed mortgage sales appear to have driven much of an increase in applications, with the Mortgage Bankers Association reporting Thursday morning that its composite index of refinance and purchase application volume rose 11.9 percent on a seasonally-adjusted basis to 425.0 for the week ended Nov. 7. The MBA’s index [...]

Full post as published by Housing Wire on November 13, 2008 (boomark / email).

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