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» Internet Lenders Expected to Suffer the Most from Shrinking Refi Market: Troubles at E-Loan
Internet Lenders Expected to Suffer the Most from Shrinking Refi Market: Troubles at E-Loan
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While this year’s slowdown in residential loan originations is expected to take its toll on most mortgage market players, few firms appear more vulnerable than Internet lenders, which have depended heavily on refis to fuel their business.