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Take advantage of underutilized Government refi programs

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Mortgage Professional America | 30 Dec 2016, 08:00 AM Agree 0
Refis made up nearly half of all originations in October — but there are still refi programs out there that are being underutilized, says Carrington’s Rey Maninang
  • Mike B. | | 30 Dec 2016, 12:01 PM Agree 0
    You are telling LOs to focus their business on streamline refinances in a raising interest rate environment? Good grief. What were your LOs doing in 2016? I know ours helped 100s and 100s of people streamline their FHA and VA mortgages into lower rates and lowering their payments. And now when rates are hovering close to 4% everyone we talk to has a rate fixed in the low 3%s. Perhaps the better advice to LOs would be to focus on growing referral partners and focusing on purchase business. Unless you're just trying to trip up your competition.
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