Many SME owners believe they have been strung along in the course of long, drawn-out approval processes, or have been told informally to not even apply as part of an effort to massage the loan.
· Construction and real estate activity increased slightly over the reporting period, and contacts characterized the market with terms such as "plowing ahead" or "solid." Residential construction contacts reported a moderate increase in building, led by.
According to the Mortgage Bankers Association, the seasonally adjusted index of mortgage application activity increased 8.4% in the week ended June 5, the first increase in seven weeks. Refinancing applications gained more than 7% while purchase applications were up almost 10%, although applications for new home mortgages were down 9% in May.
Application activity increases, led by uptick in refis Johnson Posted in FHA Loan Articles Contents Additional violation identified Informational outreach activities Totals stems largely Vendor pclender banks Leave financial marketers wondering Fiserv acquires LOS vendor PCLender Higher mortgage rates prove to be mixed blessing for U.S. Bancorp.