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Industry leaders suggested they’ve "never felt so worried at a time when everything feels so good otherwise," said Chris Herbert, managing director of the Joint Center for Housing Studies of Harvard University.
June 23
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The new product is an extension of its FraudGuard offering for the first lien mortgage market.
June 23
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This latest campaign comes as application volume is down by 53% from a year ago, while mortgage rates are 2.59 percentage points higher since the start of 2022.
June 23
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Plummeting returns add to indications that investors may become more selective in home purchases.
June 23
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Lawmakers on the Senate Banking Committee voiced some scattered support for changes to improve the finances of the National Flood Insurance Program, but comprehensive reform appears out of reach.
June 23
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Recent remarks from Federal Reserve Chair Powell suggest more upward movement is ahead.
June 23
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In some of the regions with the biggest slowdowns, the company is offering incentives to boost demand.
June 23
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New home equity conversion mortgage endorsements slowed in April, but remained almost 50% higher than the level from one year ago.
June 22
