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May 29, 2014

Short Takes: A Large MSR Deal in Trouble? / New Residential Issues Alt A MBS / Construction-to-Perm Heats Up / CFPB Slaps Alabama’s Largest Realtor with $500K Fine / DiMaio Departs GMH Mortgage

By Paul Muolo and Brandon Ivey

Construction-to-permanent loans are picking up a head of steam in certain markets. ďDown here [in Florida] itís extremely hot,Ē said Joe Adamaitis, vice president and residential lending manager for Insignia Bank.

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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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