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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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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%