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Daily Mortgage News & Commentary

Daily Mortgage News & Commentary

Daily Mortgage News & Commentary

Sep. 5: Vesta’s Mike Yu on technology & cost; Vendor news soup to nuts; Saturday Spotlight: Flyhomes Buy Before You Sell

Loan officers tell me that a certain percentage of their clients pay cash for many things, or are paid cash for many services, and this wreaks havoc in underwriting. A new survey found that 42 percent of Americans make NONE of their purchases in cash in a given week, up substantially from the 24 percent…

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