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Thursday, December 12, 2013

500-page mortgage applications are the new normal

... burst, file size has grown steadily and dramatically," said Peter Grabel, a loan officer for Luxury Mortgage in Stamford, Conn. Just seven or eight years ago, the typical application file ran to about a hundred pages, he said. Some for "no-doc" ...

http://www.koat.com/news/project-economy/500-page-mortgage-applications-are-the-new-normal/-/9153566/23446724/-/8m29thz/-/index.html?absolute=true

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