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Optimal Blue: Refinances Surge in August
Optimal Blue, Plano, Texas, released its Market Advantage mortgage data report for August, revealing a 1% rise in overall rate lock volume, but more significant movement on refinances.
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CMBS Special Servicing Rate Leaps in August, Trepp Finds
Trepp, New York, reported the commercial mortgage-backed securities special servicing rate jumped in August, climbing 16 basis points to 8.46%.
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Mphasis: Prospective Home Buyers Worry About Costs, Insurance
Mphasis Digital Risk, Maitland Fla., conducted a study finding that prospective home buyers say home insurance affordability is a major factor in where they decide to move.