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Mortgage Industry Trends

The Ups and Downs of Housing and Mortgage Opportunities

The Mortgage Bankers Association has forecasted a sharp rise in home purchases in 2017 and 2018. As a result, based on their most recent predictions, home purchase mortgage originations in 2017 will be about $1.1 trillion, growing to around $1.18 trillion in 2018. Great news for the housing markets! On the flip side, as the purchase volume grows, the refinance…

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Mortgage Industry Trends

Are You getting Ready For HMDA?

I recently spoke with Brian Honea of The MReport about how lenders might be affected by the upcoming HMDA changes. You can read my comments HERE. Take a look. The requirements to capture and report new data elements for HMDA may seem like a long way off, but funny how time files when you’re programming for changes. Think of TRID…

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