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» Whole Loan Mortgage Trading on the Internet Off to Slow Start as Lack of ‘Color’ Limits Business
Whole Loan Mortgage Trading on the Internet Off to Slow Start as Lack of ‘Color’ Limits Business
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Despite the emergence of nearly half a dozen ventures devoted to trading mortgages on the Internet, the volume of loans actually traded electronically remains small as both buyers and sellers point to a number of limitations with the new medium.