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Mortgage applications drop 3.7% as refinancing hits 8-year low | Latest News

Mortgage applications drop 3.7% as refinancing hits 8-year low

Refinance volume now stands at its lowest level since June 2009. Refinance volume now stands at its lowest level since June 2009. Total mortgage application volume fell 3.7 percent on a seasonally ... "One driver of the drop in volume last week was a ... read more

US mortgage applications rise as interest rates drop

NEW YORK (Reuters) - U.S. mortgage applications rose last week, recovering from an almost 8-year low, as potential borrowers took advantage of a sharp drop in ... was down 3.7 percent. The group's seasonally adjusted index of refinancing applications ... read more

Total U.S. Foreclosures Top 1.8 Million in 2012, a 36% Decline From 2010 Peak

December activity hits 68-month low, bank repossessions increase in ... representing 26 percent of all homeowners with a mortgage -- owed at least 25 percent more on their combined mortgages than what their homes were worth as of January 2013, down from ... read more

Countrywide Financial Q2 2007 Earnings Call Transcript

A streamline is a streamlined refinance. Preferred is a low documentation approach offered by a number ... The total pay option servicing portfolio is down 3.7% in UPB and 4.2% in loan count for the servicing portfolio again, in just the last quarter. read more

Managing Interest Rate Risk: GAP and Earnings Sensitivity

Managing Interest Rate Risk(II): Duration GAP and Economic Value of Equity. MANAGING INTEREST RATE RISK: DURATION GAP AND MARKET VALUE OF EQUITY Asset and Liability Management Interest Rate Risk Management. Chapter 7: Managing Interest Rate Risk ... read more

Refinancing Pullback Stalls Loan Demand

Refinancing volume dipped to its lowest level since June 2009 and prompted overall mortgage application volume to drop 3.8 percent on a seasonally adjusted basis, the Mortgage Bankers Association reported Wednesday. Total mortgage application volume ... read more

The Upside To A Long Drawn Out Mortgage Refinance

Why A Long Mortgage Refinance Is Great 1) Less stress. One key way to reduce stress from the beginning is to make a deal up front that all mortgage refinance fees occurred before close (application ... rates will stay low for a very long time. read more

A SoFi Review: Slick Technology vs. your Student Loan (or Mortgage)

This business model appeals to me, because I am fascinated by the current low-yield environment ... I had no student loan debt to refinance so I pretended I had a mortgage on my house and started a mortgage refi application instead. The whole application ... read more

Big Changes at Ginnie; GSE Updates; Zillow Buying Trulia?

So it is no surprise to see Ginnie Mae set to launch Electronic Issuer Application Process -- Government Corporation ... But for jobs, Jobless Claims unexpectedly dropped to an 8-year low falling by 19,000 to 284,000 in the week ended July 19. read more

Mortgage Applications Drop 3.7 Percent as Refinancing Hits 8-Year Low

A slowdown in refinancing pulled down the total mortgage application volume last week as changes to certain government-loan programs made refinances less lucrative. Refinance volume now stands at its lowest level since June 2009. Refinance volume now ... read more
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