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Are investors standing in the way of eMortgages?
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Fannie Mae and Freddie Mac recently conducted a survey on eMortgage adoption to assess what’s keeping the mortgage industry from fully embracing electronic closings, but it seems that many lenders feel a lack of investor acceptance is one of the biggest adoption barriers. They also told the GSEs that warehouse lenders are a big obstacle. Here’s what the GSEs found out when they asked everyone to weigh in on eMortgage adoption challenges.
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