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June 23, 2014

Closing Times on Purchase Mortgages Improving, GSE Loans at 43.7 Days

By Brandon Ivey

On Fannie Mae and Freddie Mac mortgages with private mortgage insurance, average closing times declined to 42.5 days from 46.0 days.

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After the November elections, how long will it take for a new Congress and White House to pass GSE reform legislation?

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