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Mortgage Finance & Economic News

North Carolina blazing a trail of eClosings

North Carolina blazing a trail of eClosings

North Carolina is the first state in the nation to establish a statewide eClosing program. Secretary of State Elaine Marshall discusses the program and its future.

Mortgage Bankers Forecast 7-Percent Lending Growth For 2015

Mortgage Bankers Forecast 7-Percent Lending Growth For 2015

The Mortgage Bankers Association predicts that total home mortgage lending will increase 7 percent in 2015, driven largely by a sharp rise on new purchase loans. For Notary signing agents who rely on mortgage refinance assignments, the news isn’t so rosy. The MBA anticipates that refi activity will drop by 3 percent, according to the association’s October Mortgage Finance Forecast.

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