In 2016, Nova Financial & Investment Corporation of Tucson, AZ reported 23,178 mortgage applications totaling $5.0 billion, up 21% from 2015. The average application was for $216,658, and applicants reported an average income of $84,404. 70% of its applications resulted in an originated loan and 4% were denied. Its largest markets were Phoenix-Mesa-Scottsdale, AZ (7,528), Tucson, AZ (6,912) and Denver-Aurora-Lakewood, CO (3,746) (applications in parentheses).
| Mortgage Company & Address | Nova Financial & Investment Corporation 6245 E. Broadway Blvd., Suite 400 Tucson, AZ 85711 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 |
| Total Number of Mortgage Applications | 23,178 |
| Total Mortgage Loan Application Amount | $5,021,719,000 |
| Average Mortgage Loan Application Amount | $216,658 |
| Highest Mortgage Loan Application Amount | $6,065,000 |
| Average Applicant Income | $84,404 |
| Highest Applicant Income | $6,300,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Nova Financial & Investment Corporation filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Pima, Arizona | 6,912 | $ 1,230,317,000 | $ 177,997 | $ 77,000 |
| Maricopa, Arizona | 6,720 | $ 1,524,068,000 | $ 226,795 | $ 83,000 |
| Clark, Nevada | 1,217 | $ 260,440,000 | $ 214,001 | $ 88,000 |
| Yuma, Arizona | 1,182 | $ 180,176,000 | $ 152,433 | $ 61,000 |
| Arapahoe, Colorado | 898 | $ 239,423,000 | $ 266,618 | $ 99,000 |
| Jefferson, Colorado | 828 | $ 241,808,000 | $ 292,038 | $ 98,000 |
| Pinal, Arizona | 808 | $ 138,628,000 | $ 171,569 | $ 65,000 |
| Denver, Colorado | 734 | $ 219,040,000 | $ 298,419 | $ 113,000 |
| Douglas, Colorado | 615 | $ 203,080,000 | $ 330,211 | $ 117,000 |
| Cochise, Arizona | 578 | $ 80,877,000 | $ 139,925 | $ 66,000 |
| El Paso, Colorado | 527 | $ 130,537,000 | $ 247,698 | $ 84,000 |
| Adams, Colorado | 511 | $ 124,347,000 | $ 243,340 | $ 79,000 |
| San Diego, California | 154 | $ 74,334,000 | $ 482,688 | $ 187,000 |
| Weld, Colorado | 152 | $ 40,674,000 | $ 267,592 | $ 87,000 |
| Santa Cruz, Arizona | 93 | $ 15,999,000 | $ 172,032 | $ 86,000 |
| Boulder, Colorado | 87 | $ 29,873,000 | $ 343,367 | $ 125,000 |
| Yavapai, Arizona | 82 | $ 15,290,000 | $ 186,463 | $ 72,000 |
| Navajo, Arizona | 74 | $ 11,777,000 | $ 159,148 | $ 104,000 |
| Broomfield, Colorado | 68 | $ 21,911,000 | $ 322,220 | $ 118,000 |
| La Paz, Arizona | 59 | $ 11,257,000 | $ 190,796 | $ 84,000 |
| Larimer, Colorado | 58 | $ 16,070,000 | $ 277,068 | $ 130,000 |
| Graham, Arizona | 56 | $ 7,966,000 | $ 142,250 | $ 70,000 |
| Gila, Arizona | 46 | $ 7,579,000 | $ 164,760 | $ 83,000 |
| Mohave, Arizona | 43 | $ 7,471,000 | $ 173,744 | $ 74,000 |
| Coconino, Arizona | 41 | $ 10,061,000 | $ 245,390 | $ 157,000 |
| Elbert, Colorado | 34 | $ 12,943,000 | $ 380,676 | $ 111,000 |
| Los Angeles, California | 33 | $ 15,761,000 | $ 477,606 | $ 140,000 |
| Park, Colorado | 33 | $ 8,482,000 | $ 257,030 | $ 86,000 |
| Imperial, California | 31 | $ 5,014,000 | $ 161,741 | $ 58,000 |
| Tarrant, Texas | 27 | $ 4,718,000 | $ 174,740 | $ 87,000 |
| Riverside, California | 25 | $ 6,923,000 | $ 276,920 | $ 136,000 |
| Orange, California | 19 | $ 10,685,000 | $ 562,368 | $ 190,000 |
| Apache, Arizona | 14 | $ 2,173,000 | $ 155,214 | $ 97,000 |
| Clear Creek, Colorado | 14 | $ 3,688,000 | $ 263,428 | $ 98,000 |
| Teller, Colorado | 14 | $ 3,080,000 | $ 220,000 | $ 74,000 |
| Summit, Colorado | 13 | $ 4,327,000 | $ 332,846 | $ 200,000 |
| Collin, Texas | 13 | $ 3,442,000 | $ 264,769 | $ 165,000 |
| San Bernardino, California | 12 | $ 2,009,000 | $ 167,416 | $ 69,000 |
| Dallas, Texas | 12 | $ 2,227,000 | $ 185,583 | $ 104,000 |
| King, Washington | 12 | $ 4,347,000 | $ 362,250 | $ 130,000 |
| Gilpin, Colorado | 11 | $ 2,589,000 | $ 235,363 | $ 93,000 |
| Pueblo, Colorado | 11 | $ 1,911,000 | $ 173,727 | $ 56,000 |
| Harris, Texas | 10 | $ 2,301,000 | $ 230,100 | $ 89,000 |
| Archuleta, Colorado | 9 | $ 1,784,000 | $ 198,222 | $ 66,000 |
| Dona Ana, New Mexico | 9 | $ 1,663,000 | $ 184,777 | $ 124,000 |
| Denton, Texas | 9 | $ 2,956,000 | $ 328,444 | $ 319,000 |
| Eagle, Colorado | 8 | $ 3,636,000 | $ 454,500 | $ 143,000 |
| Contra Costa, California | 7 | $ 4,294,000 | $ 613,428 | $ 145,000 |
| Sacramento, California | 7 | $ 1,801,000 | $ 257,285 | $ 124,000 |
| Santa Clara, California | 6 | $ 4,121,000 | $ 686,833 | $ 177,000 |
| Fremont, Colorado | 6 | $ 1,081,000 | $ 180,166 | $ 63,000 |
| Grand, Colorado | 5 | $ 1,409,000 | $ 281,800 | $ 156,000 |
| Mesa, Colorado | 5 | $ 725,000 | $ 145,000 | $ 56,000 |
| Cook, Illinois | 5 | $ 1,091,000 | $ 218,200 | $ 96,000 |
| Nye, Nevada | 5 | $ 625,000 | $ 125,000 | $ 39,000 |
| Washoe, Nevada | 5 | $ 1,640,000 | $ 328,000 | $ 131,000 |
| Williamson, Texas | 5 | $ 896,000 | $ 179,200 | $ 135,000 |
| Snohomish, Washington | 5 | $ 2,433,000 | $ 486,600 | $ 124,000 |
| San Mateo, California | 4 | $ 2,789,000 | $ 697,250 | $ 176,000 |
| Gunnison, Colorado | 4 | $ 1,002,000 | $ 250,500 | $ 166,000 |
| Duval, Florida | 4 | $ 673,000 | $ 168,250 | $ 83,000 |
| Miami-Dade, Florida | 4 | $ 1,667,000 | $ 416,750 | $ 305,000 |
| Montgomery, Texas | 4 | $ 915,000 | $ 228,750 | $ 108,000 |
| Clark, Washington | 4 | $ 1,055,000 | $ 263,750 | $ 112,000 |
| Fresno, California | 3 | $ 405,000 | $ 135,000 | $ 149,000 |
| Chaffee, Colorado | 3 | $ 518,000 | $ 172,666 | $ 82,000 |
| Custer, Colorado | 3 | $ 608,000 | $ 202,666 | $ 98,000 |
| Montrose, Colorado | 3 | $ 592,000 | $ 197,333 | $ 142,000 |
| Routt, Colorado | 3 | $ 806,000 | $ 268,666 | $ 124,000 |
| Broward, Florida | 3 | $ 800,000 | $ 266,666 | $ 108,000 |
| Lake, Illinois | 3 | $ 715,000 | $ 238,333 | $ 101,000 |
| Lincoln, Nevada | 3 | $ 602,000 | $ 200,666 | $ 49,000 |
| Santa Fe, New Mexico | 3 | $ 599,000 | $ 199,666 | $ 64,000 |
| Bandera, Texas | 3 | $ 476,000 | $ 158,666 | $ 46,000 |
| Bexar, Texas | 3 | $ 1,038,000 | $ 346,000 | $ 101,000 |
| Ector, Texas | 3 | $ 698,000 | $ 232,666 | $ 116,000 |
| Travis, Texas | 3 | $ 3,774,000 | $ 1,258,000 | $ 527,000 |
| Salt Lake, Utah | 3 | $ 630,000 | $ 210,000 | $ 85,000 |
| Greenlee, Arizona | 2 | $ 204,000 | $ 102,000 | $ 82,000 |
| Calaveras, California | 2 | $ 1,203,000 | $ 601,500 | $ 222,000 |
| Humboldt, California | 2 | $ 426,000 | $ 213,000 | $ 52,000 |
| Monterey, California | 2 | $ 601,000 | $ 300,500 | $ 112,000 |
| Placer, California | 2 | $ 815,000 | $ 407,500 | $ 110,000 |
| San Luis Obispo, California | 2 | $ 603,000 | $ 301,500 | $ 232,000 |
| Santa Cruz, California | 2 | $ 1,157,000 | $ 578,500 | $ 148,000 |
| Shasta, California | 2 | $ 776,000 | $ 388,000 | $ 96,000 |
| Siskiyou, California | 2 | $ 316,000 | $ 158,000 | $ 33,000 |
| Stanislaus, California | 2 | $ 457,000 | $ 228,500 | $ 17,000 |
| Garfield, Colorado | 2 | $ 1,221,000 | $ 610,500 | $ 160,000 |
| Huerfano, Colorado | 2 | $ 415,000 | $ 207,500 | $ 84,000 |
| Lake, Colorado | 2 | $ 329,000 | $ 164,500 | $ 122,000 |
| Morgan, Colorado | 2 | $ 397,000 | $ 198,500 | $ 117,000 |
| Brevard, Florida | 2 | $ 405,000 | $ 202,500 | $ 225,000 |
| Escambia, Florida | 2 | $ 400,000 | $ 200,000 | $ 76,000 |
| Douglas, Nevada | 2 | $ 536,000 | $ 268,000 | $ 140,000 |
| Lyon, Nevada | 2 | $ 386,000 | $ 193,000 | $ 60,000 |
| Bernalillo, New Mexico | 2 | $ 450,000 | $ 225,000 | $ 143,000 |
| Eddy, New Mexico | 2 | $ 133,000 | $ 66,500 | $ 27,000 |
| Grant, New Mexico | 2 | $ 220,000 | $ 110,000 | $ 68,000 |
| Luna, New Mexico | 2 | $ 181,000 | $ 90,500 | $ 46,000 |
| Valencia, New Mexico | 2 | $ 182,000 | $ 91,000 | $ 47,000 |
| Clackamas, Oregon | 2 | $ 706,000 | $ 353,000 | $ 150,000 |
| Deschutes, Oregon | 2 | $ 396,000 | $ 198,000 | $ 54,000 |
| Lane, Oregon | 2 | $ 388,000 | $ 194,000 | $ 51,000 |
| Multnomah, Oregon | 2 | $ 646,000 | $ 323,000 | $ 10,000 |
| Atascosa, Texas | 2 | $ 340,000 | $ 170,000 | $ 52,000 |
| Bell, Texas | 2 | $ 216,000 | $ 108,000 | $ 16,000 |
| Cooke, Texas | 2 | $ 541,000 | $ 270,500 | $ 118,000 |
| Fort Bend, Texas | 2 | $ 397,000 | $ 198,500 | $ 50,000 |
| Galveston, Texas | 2 | $ 636,000 | $ 318,000 | $ 129,000 |
| Hood, Texas | 2 | $ 385,000 | $ 192,500 | $ 76,000 |
| Summit, Utah | 2 | $ 867,000 | $ 433,500 | $ 238,000 |
| Pierce, Washington | 2 | $ 441,000 | $ 220,500 | $ 317,000 |
| Anchorage, Alaska | 1 | $ 126,000 | $ 126,000 | $ 72,000 |
| Kenai Peninsula, Alaska | 1 | $ 176,000 | $ 176,000 | $ 235,000 |
| Alameda, California | 1 | $ 280,000 | $ 280,000 | $ 180,000 |
| Marin, California | 1 | $ 625,000 | $ 625,000 | $ 444,000 |
| San Joaquin, California | 1 | $ 334,000 | $ 334,000 | $ 179,000 |
| Santa Barbara, California | 1 | $ 610,000 | $ 610,000 | $ 143,000 |
| Sonoma, California | 1 | $ 294,000 | $ 294,000 | $ 81,000 |
| Ventura, California | 1 | $ 309,000 | $ 309,000 | $ 42,000 |
| Alamosa, Colorado | 1 | $ 172,000 | $ 172,000 | $ 115,000 |
| Delta, Colorado | 1 | $ 150,000 | $ 150,000 | $ 30,000 |
| Kiowa, Colorado | 1 | $ 85,000 | $ 85,000 | $ 93,000 |
| La Plata, Colorado | 1 | $ 305,000 | $ 305,000 | $ 178,000 |
| Las Animas, Colorado | 1 | $ 241,000 | $ 241,000 | $ 72,000 |
| Otero, Colorado | 1 | $ 173,000 | $ 173,000 | $ 86,000 |
| Rio Grande, Colorado | 1 | $ 154,000 | $ 154,000 | $ 43,000 |
| Saguache, Colorado | 1 | $ 63,000 | $ 63,000 | $ 90,000 |
| Sedgwick, Colorado | 1 | $ 127,000 | $ 127,000 | $ 61,000 |
| Yuma, Colorado | 1 | $ 205,000 | $ 205,000 | $ 41,000 |
| Hillsborough, Florida | 1 | $ 415,000 | $ 415,000 | $ 298,000 |
| Lee, Florida | 1 | $ 211,000 | $ 211,000 | $ 101,000 |
| Manatee, Florida | 1 | $ 300,000 | $ 300,000 | $ 121,000 |
| Okaloosa, Florida | 1 | $ 234,000 | $ 234,000 | $ 152,000 |
| Orange, Florida | 1 | $ 222,000 | $ 222,000 | $ 146,000 |
| Pasco, Florida | 1 | $ 333,000 | $ 333,000 | $ 176,000 |
| Polk, Florida | 1 | $ 188,000 | $ 188,000 | $ 241,000 |
| Putnam, Florida | 1 | $ 23,000 | $ 23,000 | $ 8,000 |
| Santa Rosa, Florida | 1 | $ 108,000 | $ 108,000 | $ 79,000 |
| Sarasota, Florida | 1 | $ 176,000 | $ 176,000 | $ 47,000 |
| Seminole, Florida | 1 | $ 164,000 | $ 164,000 | $ 85,000 |
| Sumter, Florida | 1 | $ 180,000 | $ 180,000 | $ 60,000 |
| Walton, Florida | 1 | $ 258,000 | $ 258,000 | $ 119,000 |
| Madison, Illinois | 1 | $ 110,000 | $ 110,000 | $ 81,000 |
| St. Clair, Illinois | 1 | $ 335,000 | $ 335,000 | $ 131,000 |
| Will, Illinois | 1 | $ 265,000 | $ 265,000 | $ 82,000 |
| Sibley, Minnesota | 1 | $ 200,000 | $ 200,000 | $ 59,000 |
| Carson City, Nevada | 1 | $ 285,000 | $ 285,000 | $ 32,000 |
| Humboldt, Nevada | 1 | $ 150,000 | $ 150,000 | $ 0 |
| White Pine, Nevada | 1 | $ 102,000 | $ 102,000 | $ 44,000 |
| Chaves, New Mexico | 1 | $ 238,000 | $ 238,000 | $ 69,000 |
| Lea, New Mexico | 1 | $ 113,000 | $ 113,000 | $ 96,000 |
| McKinley, New Mexico | 1 | $ 161,000 | $ 161,000 | $ 148,000 |
| San Juan, New Mexico | 1 | $ 103,000 | $ 103,000 | $ 84,000 |
| Taos, New Mexico | 1 | $ 157,000 | $ 157,000 | $ 83,000 |
| Polk, Oregon | 1 | $ 186,000 | $ 186,000 | $ 40,000 |
| Washington, Oregon | 1 | $ 290,000 | $ 290,000 | $ 117,000 |
| Bastrop, Texas | 1 | $ 183,000 | $ 183,000 | $ 84,000 |
| Bosque, Texas | 1 | $ 201,000 | $ 201,000 | $ 102,000 |
| Brazoria, Texas | 1 | $ 185,000 | $ 185,000 | $ 90,000 |
| Brewster, Texas | 1 | $ 201,000 | $ 201,000 | $ 71,000 |
| El Paso, Texas | 1 | $ 105,000 | $ 105,000 | $ 48,000 |
| Ellis, Texas | 1 | $ 169,000 | $ 169,000 | $ 39,000 |
| Grayson, Texas | 1 | $ 265,000 | $ 265,000 | $ 161,000 |
| Hidalgo, Texas | 1 | $ 75,000 | $ 75,000 | $ 100,000 |
| Johnson, Texas | 1 | $ 166,000 | $ 166,000 | $ 103,000 |
| Kaufman, Texas | 1 | $ 174,000 | $ 174,000 | $ 72,000 |
| Montague, Texas | 1 | $ 164,000 | $ 164,000 | $ 50,000 |
| Utah, Utah | 1 | $ 235,000 | $ 235,000 | $ 46,000 |
| Clallam, Washington | 1 | $ 118,000 | $ 118,000 | $ 32,000 |
| Grays Harbor, Washington | 1 | $ 110,000 | $ 110,000 | $ 58,000 |
| Kitsap, Washington | 1 | $ 407,000 | $ 407,000 | $ 96,000 |
| Lewis, Washington | 1 | $ 175,000 | $ 175,000 | $ 71,000 |
| Pend Oreille, Washington | 1 | $ 118,000 | $ 118,000 | $ 55,000 |
| Spokane, Washington | 1 | $ 342,000 | $ 342,000 | $ 246,000 |
| Thurston, Washington | 1 | $ 225,000 | $ 225,000 | $ 106,000 |
| Whatcom, Washington | 1 | $ 253,000 | $ 253,000 | $ 54,000 |
Loan Purpose |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Home Purchase | 15,031 | $3,188,281,000 | $212,000 | $3,000,000 | $85,000 | $6,300,000 |
| Refinancing | 7,836 | $1,767,137,000 | $225,000 | $6,065,000 | $83,000 | $1,250,000 |
| Home Improvement | 311 | $66,301,000 | $213,000 | $1,046,000 | $91,000 | $454,000 |
Applicant Race |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| White | 15,947 | $3,690,237,000 | $231,000 | $3,000,000 | $92,000 | $4,958,000 |
| Hispanic | 5,000 | $844,224,000 | $168,000 | $1,312,000 | $59,000 | $843,000 |
| Not Provided | 901 | $190,108,000 | $210,000 | $6,065,000 | $106,000 | $6,300,000 |
| Black or African American | 605 | $130,112,000 | $215,000 | $885,000 | $72,000 | $525,000 |
| Asian | 519 | $123,733,000 | $238,000 | $2,460,000 | $94,000 | $1,213,000 |
| Native Hawaiin or Other Pacific Islander | 112 | $24,183,000 | $215,000 | $612,000 | $75,000 | $291,000 |
| American Indian or Alaskan Native | 94 | $19,122,000 | $203,000 | $590,000 | $77,000 | $317,000 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
Loan Type |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 13,215 | $3,056,315,000 | $231,000 | $6,065,000 | $105,000 | $6,300,000 |
| FHA-insured (Federal Housing Administration) | 7,093 | $1,288,216,000 | $181,000 | $636,000 | $54,000 | $919,000 |
| VA-guaranteed (Veterans Administration) | 2,583 | $635,592,000 | $246,000 | $1,400,000 | $68,000 | $775,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 287 | $41,596,000 | $144,000 | $431,000 | $45,000 | $112,000 |
Outcome |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Loan Originated | 16,267 | $3,537,870,000 | $217,000 | $2,460,000 | $83,000 | $4,958,000 |
| Application Withdrawn By Applicant | 4,792 | $1,044,225,000 | $217,000 | $3,000,000 | $90,000 | $6,300,000 |
| File Closed For Incompleteness | 1,241 | $270,507,000 | $217,000 | $1,333,000 | $84,000 | $1,070,000 |
| Application Denied By Financial Institution | 878 | $169,117,000 | $192,000 | $6,065,000 | $81,000 | $3,642,000 |
| Application Approved But Not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Approved but not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Denied by Financial Institution | 0 | $0 | $0 | $0 | $0 | $0 |
Denial Reason |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Credit History | 262 | $52,089,000 | $198,000 | $6,065,000 | $85,000 | $3,642,000 |
| Other | 259 | $50,198,000 | $193,000 | $1,040,000 | $83,000 | $975,000 |
| Collateral | 120 | $16,317,000 | $135,000 | $417,000 | $86,000 | $1,452,000 |
| Debt-To-Income Ratio | 101 | $21,963,000 | $217,000 | $2,252,000 | $81,000 | $1,002,000 |
| Employment History | 83 | $18,424,000 | $221,000 | $2,800,000 | $59,000 | $480,000 |
| Unverifiable Information | 39 | $7,150,000 | $183,000 | $370,000 | $66,000 | $172,000 |
| Credit Application Incomplete | 12 | $2,612,000 | $217,000 | $459,000 | $74,000 | $191,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 2 | $364,000 | $182,000 | $200,000 | $51,000 | $53,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Nova Financial & Investment Corporation's 2016 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.
This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics,
and assess Nova Financial & Investment Corporation's mortgage approval patterns.
Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
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