Mustafa Chowdhruy

Latest Posts

Refi Pickups Likely to Be Limited, Deutsche Bank Says

Jan 19, 2009By

For all the hullabaloo now being directed towards a nascent refinancing boom among the mortgage origination community, evidence seems to be mounting to suggest that much of that refi demand won’t likely translate into funded loans. Tighter underwriting standards and a large number of borrowers with homes worth less than they’d hoped for seem likely to keep many applicants from successfully refinancing their loans, researchers at Deutsche Bank [stock DB][/stock] suggested in a note to clients late Friday.

3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please