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The letter, sent under the banner of the Black Homeownership Coalition, is the second in two months sent by the trade group in its ongoing campaign.

Compliance is crucial in light of regulatory attention to mortgage companies' ability to provide continuity of care to distressed borrowers in particular.

Altogether, the lender has reduced funding capacity by over $900 million in the past month.

The amount of outstanding mortgage-backed securities insured by the agency kept growing despite an uptick in rates.

The agreement, the lender and servicer's only such facility, is set to expire at the end of next September.

But conspicuously missing from the mortgage industry's discussions about affordability, housing equity and the future health of our industry is the growing, disruptive influence of single-family home investors, particularly institutional investors, writes the president of Down Payment Resource.

Rent of shelter and owners' equivalent rent each accelerated 0.8% in September from the prior month, the most since 1990, according to Labor Department data released Thursday.

Following the Consumer Price Index release, the 10-year Treasury yield broke through 4%, making continued increases likely.

The company accused of raiding competitors' offices across the country recently launched two scathing countersuits.

The American consumer is "in good shape" and spending more this month than a year earlier, even amid inflation, jittery markets and international tensions, according to Bank of America Chief Executive Brian Moynihan.