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November 5, 2014

JPM to Issue a Jumbo MBS Backed By 7-Year ARMs, Many with IO Features

By Brandon Ivey

Some 60.7 percent of the mortgages in the deal have interest-only features.

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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


50% to 74%


30% to 49%


Under 30%