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December 4, 2014

Philly Fed: So, Maybe Mortgage ‘Cramdowns’ Aren’t So Bad

By Brandon Ivey

The Philly Fed argues that a mortgage "strip-down" could make homeowners better off and not harm lenders.

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Poll

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%