Mortgage Trend: Early Payoffs Increasing

Louis Zitting : Mar 6, 2019 12:00:00 AM

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We are seeing a significant increase in Early Payoff (EPO) related activity in our data. Mortgage credit inquires on recently funded loans (1-12 months) have increased by 65% compared to 6 months ago.

This is a good time to make sure you are monitoring all your recently funded loans for mortgage inquiry alerts so you can be notified early in the process, not when your borrowers are ordering a payoff.

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Mortgage Trend: Mortgage Inquiry Leads up 30%

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In the past 30 days, we are seeing a significant increase in mortgage inquiry leads. Inquiry lead alerts are up 30% compared to the past 6 months...

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MB Insider Trends: Don't Let This Happen To Your Clients

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Cash-out climbs to 50% of refinance volume

Louis Zitting : Jul 25, 2017 12:00:00 AM

According to a Q1 2017 equity report by Corelogic, "Homeowners equity increased by $766 billion over the last year." Just last month (June) 50% of...

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