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October 14, 2014

NAR Goes to Bat for ‘Mini-Corr’ Lending Channel

By Thomas Ressler

Under a “mini-corr” arrangement, a warehouse lender provides a line of credit to a loan broker, transforming that broker into an actual funder instead of just a loan facilitator.

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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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