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Mortgage Industry Trends

Are You Where The Deals Are?

It was a ground-breaking movie – Where the Boys Are.  In 1984, they remade the 1960 Connie Francis’ movie, about four college girls who decided they wanted some fun, adventure, and romance. To find it, they had to go where the boys were – spring break in Ft. Lauderdale, Florida. This remake was shown as something new for the day. Girls stepping…

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Mortgage Industry Trends

Lender Sentiment Not So Good

As my dear departed Grandfather would say when things got tough, “Things, they not looka so good!” He didn’t speak English very well, but he sure had a firm grasp of the obvious. Seems lenders are taking a page out of his book. The most recent Fannie Mae Lender Sentiment Survey revealed that mortgage lenders are reporting a negative profit…

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Mortgage Industry Trends

How to Bypass the Competition

Companies are always exploring new ways to leapfrog over their competition. But, now one of them is building a bridge, or maybe an arch, to by-pass their competition altogether. Arch MRT, a newly formed sub of Bermuda based Arch Capital Group, is working with Freddie Mac to provide mortgage insurance directly to borrowers bypassing traditional private mortgage providers. Under the…

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