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Extern Mortgage News Daily – Rob Chrisman

Servicing, QC, Workflow, Non-Agency Products; LOs Using Tools Effectively; STRATMOR Tech Survey

Products, Services, and Software for Brokers and Lenders There’s a reason $5.99 feels different than $6.00. Behavioral economists call it the “left-digit effect.” When it comes to mortgage rates, borrowers just call it a reason to refinance. Optimal Blue’s January Market Advantage report shows falling rates crossing that psychological threshold – and refinance demand responded fast. Total mortgage lock volume rose 16…

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