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August 6, 2014

Short Takes: Wells Loosens Jumbo Underwriting / Money Not the Top Draw for LOs / Refi Applications Increase / Multifamily Outlook

By Brandon Ivey and

Wells Fargo lowered the credit score it allows on jumbos the bank acquires from other lenders.

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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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