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Various affiliated companies participated in the creation of the transaction, including its publicly traded REIT, which owned a significant portion of the mortgages.

The Federal Reserve slowed its drive to rein in inflation and said further interest-rate hikes are in store as officials debate when to end their most aggressive tightening of credit in four decades.

The Keystone State's housing finance agency will take over distribution of the federal aid following news reports that alleged the response times of the vendor handling payments have been excessively slow.

Jimmy Fong, CCO at SEON, is a young veteran in the fraud detection space. The last three leading fraud and payments startups he has been involved in have been acquired by Visa, Ingenico and American Express. He's a regular speaker on disruptive technology in the fintech space and a massive advocate of flattening the tech barrier for merchants and financial institutions to fight fraud effectively. A graduate of Edinburgh University, he looks to marry his passion for tech with doing a bit of good in the world.

Joseph Graziano, CFP, is vice president and wealth management partner at FFP Wealth Management. He and his team help manage over $2.4 billion in assets. FFP Wealth Management has served the unique needs of the accounting community for over 28 years and was formed out of a dire need for accountants and financial planners to join forces in providing premium services to their clients. 

Aiysha "A.J." Johnson is the Americas Region executive director at BKR International, a global association of public accounting and advisory firms in more than 80 countries.

Crisanto Francisco, CPA, is a partner at Lindquist, von Husen & Joyce LLP, focused on nonprofit organizations, affordable housing developers, real estate partnerships and property management companies. Reach him at cfrancisco@lvhj.com.

Despite lower interest rates, both purchases and refinances declined after recent surges, while average loan amounts have gradually crept up to start the year.

The latest quarterly numbers from TransUnion show both closed end products and HELOCs rose over the course of the past year as mortgage originations fell.

Salene Hitchcock-Gear is president of Prudential Individual Life Insurance, a unit of the financial services company that offers consumers a diverse portfolio of life insurance products. She is an insurance industry veteran with more than 30 years of experience.