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Will MacPherson, Co-founder, Partner VMG Ventures

The company is blaming anticipated declines in origination volume for its latest cuts.

Steve Cox is head of market insights at IRIS Software Group. A technologist and chartered accountant who looks at how technology can simplify the modern working environment, he joined IRIS in 2002. His career at IRIS has spanned many areas of the business, including customer support, engineering, product management and marketing. His most recent previous roles at IRIS include senior product director, interim CTO, chief evangelist and head of accountancy.

Eric Kaplan is a senior advisor at the Milken Institute Center for Financial Markets

Despite lean inventory, efforts by builders to boost production have been hindered by supply-chain challenges, soaring materials costs and difficult hiring conditions.

The Federal Reserve has hired five executives from the stablecoin issuer Circle and at least one employee of Ripple since 2019 as part of its technology-focused recruiting efforts. It plans to do more hiring in the years ahead to aid its work on faster payments and central bank digital currencies.

Ben Conner is president and CEO of Conner Insurance.

This move is in addition to the recent notice filed by the Department of Housing and Urban Development about its interest in creating a permanent 40-year option.

The business opportunity comes at a time when lenders are looking to save money because of tightening margins.

Researchers at the government-sponsored enterprise noted the role rising rates are playing in increasing housing costs in its report, now offered publicly for the first time.