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Alright, Pack Up Ship And Then Cut The Fat

A report from Mortgage Orb. "For the fifth consecutive quarter, a plurality of mortgage lenders expect near-term profitability to decrease, according to Fannie Mae's Q4 2021 Mortgage Lender Sentiment Survey. 'Mortgage lenders’ profitability outlook has significantly weakened over the past…

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It Means Another Lost Decade

It's Friday desk clearing time for this blogger. "Christian Chapman, a former underwriter at, has worked in the mortgage business for almost 20 years and has been laid off by three other mortgage companies in the past. However, none…

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Almost All Will Be Lost

A report from the LA Daily News in California. "Rampant housing inflation means the federal government will now back almost million-dollar mortgages — including deals in Los Angeles and Orange counties. Note that mortgages made for vacation homes and second…

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