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GSE says defunct mortgage lender trying to sell servicer/seller license that doesn't exist.
Transferred $265 million of mortgage credit risk to private insurers and reinsurers.
Single-family home prices increased nearly 14% in 3Q 2022.
The program is designed to expand the pool of potential homebuyers.
Sold approximately 5,650 loans totaling $936.9 million in unpaid principal balance, divided into four pools.
Rapid rising rates are contributing to negative GDP growth.
