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February 11, 2014

Short Takes: BlackRock Ups Its Stake in MGIC / Tough Times for Mortgage Tech Vendors? / CFC Wants Investigation of FHFA / HUD Says No More Paper FHA Applications / RFC’s Sale of Assets is Still on Hold

By Charles Wisniowski, Paul Muolo, George Brooks

Also, Morgan Stanley recently increased its stake in Arch Capital Group to 6.3 percent. Arch owns CMG Mortgage Insurance, which is being renamed Arch Mortgage Insurance Company.

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The year is almost 75% done. How is mortgage origination volume at your shop?

We will fund about the same as we did in 2016.
We will fund more than last year – by a little.
We will fund more than last year – by a lot.
We will fund less than last year – by a little.
We will fund less than last year – by a lot.

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