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Loan Modification

: The Truth About Mortgage.com

Mortgage Activity Cooled in Third Quarter

By scot184

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The mortgage bonanza that was during the second quarter ran out of steam in the third quarter, according to a survey of independent mortgage bankers from the MBA. Average production volume slipped 33 percent between the second and third quarter as refinancing slowed, cutting into profits in the process. Independent bankers and their subsidiaries saw average loan [...]

Full post as published by The Truth About Mortgage.com on December 17, 2009 (boomark / email).

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