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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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Poll

Who "owns" the mortgage customer that’s brought to a wholesale lender through a loan broker?

The broker. It’s his/her client.
The wholesale/table funder. They’re taking the financial risk.
The broker, but only for the first year. After that, the borrower is fair game.
Hard to answer. It’s a complicated issue.

vote to see results