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June 18, 2014

Institutional Investors Holding Onto PHH, but Will the Mortgage Unit Ever be Sold?

By Paul Muolo

“Right now there’s a large discrepancy between what the buyer wants to pay and what the seller wants to sell at,” said Chuck Klein, managing partner in Mortgage Banking Solutions.

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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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