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| Cashouts Fall |
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In the fourth quarter 2006, 84 percent of refinanced mortgages owned by Freddie Mac included cashout, according to an announcement Tuesday. The share of cashouts was down from the prior quarter, Freddie said. Cashout loan volume fell 12 percent from the previous three month period. Read more at: http://www.mortgagedaily.com/cashoutsurvey020607.asp?spcode=rss. |
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