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September 26, 2014

Principal Reduction Loan Modifications Fall Out of Favor with Banks

By Brandon Ivey

The megabanks also decreased their use of interest rate reductions on loan modifications...

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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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