Conventionals, Prepays Up

Cornwell, Ted
April 2001
National Mortgage News;04/30/2001, Vol. 25 Issue 31, p1
Trade Publication
Reveals that the increase in prepayments has caused the slowdown in the number of conventional home loans being sold into the Chicago Federal Home Loan Bank's Mortgage Partnership Finance (MPF) program in Illinois. Increase in the volume of MPF conventional loans funded during the first quarter of the year 2001; Increase in prepayments for the same period; Role of small banks in fueling the growth of conventional home loans.


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