Report: Prepayments Strong Despite Interest Rate Hikes

Posted by Me on Facebook on September 03, 2013 at 04:08PM:



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Source:

http://bit.ly/17pKzkI

Description:

Originations slowed slightly from May to June, though heightened prepayment activity is still providing lift to loan volume, Lender Processing Services (LPS) reported in its July Mortgage Monitor. According to Herb Blecher, SVP of LPS Data & Analytics, pr