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Fannie Mae's monthly HPSI report showed its seventh straight month of declines, approaching a drastic low.
Nearly all teens (97%) surveyed thought it would be helpful if schools offered lessons that explained homeownership.
Financial services veteran brings more than 30 years experience and a strong commitment to affordable housing.
Renters, including historically underserved groups, will benefit from paying on time each month.
Fannie Mae's ESR Group predicts housing will cool further as mortgage rates spike.
Patricia Black previously headed operations at SoFi Home Loan.
