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June 10, 2014

An Ugly 1Q Indeed: Cost to Originate Spikes 21 Percent

By Paul Muolo

According to interviews conducted by IMFnews, many nonbanks lost money in January and February but began to see better results in March.

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With the spring homebuying season in full swing, what percentage of your March 2017 application volume has been for “purchase” loans?

75% or higher
50% to 74%
30% to 49%
Under 30%

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