Residential Fundings Up But Outlook Mixed

Muolo, Paul
September 2010
National Mortgage News;9/13/2010, Vol. 34 Issue 49, p1
Trade Publication
The article reports that residential funding has increased but the mortgage industry in the U.S. is concerned about what lies ahead when refinancings begin to slow down. It notes that the lenders are worried about the jumbo market where refinancing is dominant. It is the authors opinion that the trend is threatening for nondepository conduits that hopes to revive the private-label securities market in the future.


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