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June 17, 2014

Mortgage Broker Employment Takes it on the Chin in April; Blame the CFPB?

By Paul Muolo

“Sadly, the impact of QMs [qualified mortgages] will never been quantified since most LOs will not originate borderline loans,” said New Jersey broker Brian Benjamin.

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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?

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30% to 49%
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