Banking
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Mortgage Apps Scratching 5-Month Low; Weakening Demand for Purchase Apps Seen
Jul 25, 2007According to the MBA’s latest Weekly Mortgage Applications Survey, mortgage application volume dropped 3.6 percent in the week ended July 20 — the Market Composite Index used to track aggregate application activity dropped to 609.0, near a 5-month low. A steep drop in purchase applications appears to be to blame here, with the Purchase Index dropping 5.0 percent from one week earlier; refinance applications dropped less sharply, falling 1.6 percent, according to the MBA.
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Underestimating the Housing Slump
Jul 25, 2007 -
IndyMac Lays Off 4 Percent Of Workforce; CEO Says ‘Mortgage Market Continues to be Tough’
Jul 20, 2007 -
Prime Time: Thornburg Sees Quarterly Profit Rise, Says Will Beat Previous 2007 Earnings Target
Jul 20, 2007 -
Option One Ditches 2/28 Subprime ARM; Cites Rating Agencies
Jul 16, 2007 -
Harris: Two-Thirds of US Adults See Mortgage Marketing as ‘Not Credible’
Jul 16, 2007 -
Mortgage Apps Up, In Spite of Refi Activity Drop
Jul 11, 2007 -
Mortgage Purchase Applications Up Slightly, While Refinance Apps Drop
Jul 05, 2007 -
Opteum Completes Retail Origination Sale, Takes 70 Percent Haircut on Deal
Jul 02, 2007 -
Federal Regulators Release Final Subprime Guidance; An Unlevel Playing Field?
Jun 29, 2007 -
Mortgage Apps Fall, But Refinance Share Grows
Jun 27, 2007
