The following article by Mr. Eickhoff, president and chief executive of Advanta Mortgage USA, San Diego, originally appeared in a slightly different form in Equity, published by the National Secondary Market Association.

As mortgage lenders, many of us have prospered during this time of great change. The marketplace has been flooded with quality homeowners wanting to change to lower interest rates. But what happens when refinancing by "A" credit quality customers dries up?

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