Signs Of Life Emerge in Mortgage Banking
Posted on October 15, 2009
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This year’s residential originations are projected by the Mortgage Bankers Association to increase by nearly one-third from last year, the trade group announced at its annual conference. The atmosphere at the event was upbeat. Many attending executives from origination firms have seen production soar over the past year. At the same time, several technology service providers have been innovating at a rapid clip — adjusting to the paradigm shift in the industry over the past year.
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