Fannie Mae has launched its Refinance Application-Level Index (RALI), a weekly series designed to provide the market timely and comprehensive tracking of refinance activity and historical trends. The RALI sources data from Fannie Mae’s Desktop Underwriter (DU) automated underwriting system to provide lenders, investors and other market participants with increased transparency on the past week’s refinance application trends, supporting more refined prepayment projections.
“We are pleased to begin sharing the Fannie Mae Refinance Application-Level
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