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November?s operating results reflect the trends of today?s mortgage market,? said David Sambol, president and COO at Countrywide. ?Origination mix continues to shift as third-party originated fundings as a percent of total mortgage loan fundings have decreased year-over-year and retail fundings as a percent of total have increased. In addition, government fundings represented 10 percent of total mortgage loan fundings in November 2007 versus 3 percent in November 2006.?
This is from www.housingwire.com
Last 3 posts by phillenbrand
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