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Adjustments to the home retention program will take effect in December
The ESR Group forecasts overall economic growth to slow and mortgage rates to end the year near 7%.
Dr. Lye has over 30 years of experience in data science and technology.
Fannie Mae's latest Home Purchase Sentiment Index (HPSI) was unchanged in April at 71.9.
Fannie Mae forecasts fewer Federal Reserve rate cuts this year.
The GSEs increased affordable housing outreach by $180 million last year.