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Fannie Mae Launches Weekly Refinance Application-Level Index

Fannie Mae has announced its new Refinance Application-Level Index (RALI), a weekly series geared toward tracking refinance activity and historical trends.

Fannie Mae2 150x150The RALI uses data from Fannie Mae’s Desktop Underwriter automated underwriting system.

“We are pleased to begin sharing the Fannie Mae Refinance Application-Level Index with external users, as we believe it will support more accurate tracking, modeling and planning of refinance activity by mortgage market participants,” said Doug Duncan, Fannie Mae economist.

Read the full announcement from Fannie Mae. 

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