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Loan Modification

: Mortgage Lender Implode-o-Meter

At Arvest, $1bn in Mortgage Originations

By Implode-Explode Heavy Industries

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" The refinancing boomlet that hit the mortgage industry in the early part of 2009, thanks in large part to Federally-supported low primary mortgage rates, has helped at least one regional bank ramp up its mortgage lending in a big way. Bentonville, Ark.-based Arvest Bank said Wednesday that its Arvest Mortgage Company had originated more than $1bn through June 15 ? nearly double the mortgage volume booked one year earlier."

Full post as published by Mortgage Lender Implode-o-Meter on June 18, 2009 (boomark / email).

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