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April 5, 2018

GSE Market Thuds to a Two-Year Low in 1Q18

By John Bancroft

The $81.35 billion in first-quarter Fannie/Freddie refi business was the lowest such total since the third quarter of 2014…

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Do mortgage lenders really need a new credit-scoring model or is the current FICO system adequate?

It’s fine. Stick with what works.
Time for a change. Borrowers are different today.
Undecided, still assessing the situation.

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