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Loan Modification

: The Truth About Mortgage.com

2009 Mortgage Origination Forecast Slashed by $800 Billion

By scot184

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It didn?t take long for the mortgage refinance bonanza to fall flat on its face, and now the MBA is slashing origination estimates for 2009. The bankers group now expects mortgage originations in 2009 to ring in at just $2.03 trillion, down from earlier estimates over $2.7 trillion. MBA now forecasts $737 billion in purchase activity and [...]

Full post as published by The Truth About Mortgage.com on June 23, 2009 (boomark / email).

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