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Mortgage Applications Dip Slightly

Mortgage application volume dipped slightly last week as refinance applications held steady from the previous week while purchase applications posted a decline according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending February 7th, 2014.

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Fannie Mae 2013 Loan Modifications Fall Slightly

The total number of loan modifications completed by Fannie Mae increased from November to December but fell slightly short of 2012’s totals according to the agency’s Monthly Summary report for December 2013.

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