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mortgage rates slide to record lows
mortgage rates continue to drop well below 4 percent. the average rate for a 30 year fixed rate mortgage declined 2 basis points to 3.83 percent since last week, the lowest value on on record for this mba series. the purchase application volume declined 3.0 percent and the refinance application increased 5.6 percent over the same period.mortgage lenders face risk and additional cost of doing business
kroll factual data, inc. , a leading provider of independent verification services to mortgage lenders, banks, credit unions and property management firms, announced today that more than 14 percent of the loan files processed by kroll factual data in 2011, and in the first quarter of 2012, contained certain applicant-provided information that suggested the possibility of fraudulent activity.3 consecutive quarters of mortgage employment growth
dallas, may 21, 2012 /prnewswire/ -- mortgage industry staffing has expanded each of the past three quarters, according to the first-quarter 2012 mortgage employment index from mortgage daily.hirings outpaced ...mortgage arrears
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