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» Despite Rise in Refi Index, Wall Street Sees Little Chance of Huge Prepayment Wave
Despite Rise in Refi Index, Wall Street Sees Little Chance of Huge Prepayment Wave
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Despite an uptick in the Mortgage Bankers Association of America’s refinancing index this week, there is little likelihood that there will be another huge refi boom and flood of prepayments, according to economists and Wall Street analysts.