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The GSE says a modest recession is expected to enter and exit throughout 2023, with home sales rebounding in the end of Q2 2023
Fannie Mae survey found that 36% of recent homebuyers sought just 1 mortgage quote.
New disclosures provide a view into socially oriented lending activities.
The cap is set at $75 billion each for Fannie Mae & Freddie Mac.
Fannie YOY earnings down nearly 50%; Freddie's fall 55% as housing market shrinks.
Says adding Basis Investment Group subsidiary advances its commitment to diversity and inclusion.