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Loan Modification

: Mortgage Lender Implode-o-Meter

Prepays Drop as Refi Pipeline Narrows

By Implode-Explode Heavy Industries

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"Prepayments seen among securitized mortgage loans slowed in May as mortgage rates ticked upward and overall eligibility for refinance narrowed, according to industry research by Bank of America and Merrill Lynch analysts."{

Full post as published by Mortgage Lender Implode-o-Meter on June 29, 2009 (boomark / email).

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