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Tag: Mortgage Bankers Association


Philip Taylor PT (CC BY-SA 2.0)

Banks Take High From Homeowners and Sell Low to Investors

Record low interest rates on mortgages and refinancing deals are reducing costs to homeowners. But banks are making unusually high profits by selling bundles of those loans to investors at similarly low rates, which means borrowers could be saving even more. 

Posted on Aug 9, 2012 READ MORE


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