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Mortgage bankers see slow-going in 2011
Arlington, Va. -- Key housing metrics are in for a slow ride in 2011, and a quick upturn in 2012, according to the forecast from the Mortgage Bankers Association (MBA).
Delivering the MBA's forecast here at the Home Improvement Research Institute's (HIRI's) Spring Conference, Michael Fratantoni, the MBA's VP single-family research and policy development, said that along with pent-up demand for housing, "there's a lot of pent-up supply out there."