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July 31, 2014

MBA Pushing for Expansion of LO Testing to Bank Employees

By Brandon Ivey

The changes sought by the MBA would also allow mortgage loan officers at banks to more easily transition to working for nonbanks.

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With the spring homebuying season in full swing, what percentage of your March 2017 application volume has been for “purchase” loans?

75% or higher

48%

50% to 74%

24%

30% to 49%

14%

Under 30%

14%