Industry News

Mortgage funding declines for AmNet

Last month's drop resulted from fewer refinancings
Published on Jun 4, 2004

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by CareyBot

American Mortgage Network, a wholesale mortgage bank serving mortgage brokers, reported that it funded $751 million in home loans in May, down from $1.1 billion in April. Average loan fundings per workday were $37.6 million in May, compared with $52.2 ...