Just read this. (see below) Wow, the market has changed! What are you doing to change the way yu do business?
Fannie, Freddie refi market set to enter housing Twilight Zone.
U.S. residential mortgage lending volume will struggle to reach the mid-$800 billion range in 2012, according to market research, as the recent boom in refinancings dries up at Fannie Mae and Freddie Mac.
Furthermore, the report from iEmergent, paints a picture of a housing market floating in its own Twilight Zone — a reality where "the distribution and location of local lending opportunities will continue to re-shape and reset the long-term home financing prospects and projections for most U.S. communities."
http://www.housingwire.com/2011/09/02/fannie-freddie-refi-market-set-to-enter-housing-twilight-zone
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