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Volume 13 - Number 7

April 3, 2009

Vendors Gear Technology to Booming FHA

Technology vendors are racing to catch up to the booming FHA program, a segment of the market that had drifted toward irrelevance for years before suddenly taking center stage in the distressed mortgage market of 2008. With FHA lending accounting for close to 30 percent of new production, various companies are offering new products to make processing these loans more efficient. Among them...

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Poll

The yield on the benchmark 10-year Treasury fell to all-time low of 1.34% recently. How much better will originations be at your shop in the second half compared to 1H, if at all?

Better by 1% to 10%.
Better by 11% to 25%.
Off the charts better. Applications are great now.
Worse than 1H, but not by much.
A lot worse. But not sure on the damage.

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