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The offering is a credit risk sharing transaction with a total note offering of $1.84 billion.
30-year fixed-rate mortgage up almost 1.5% since March 2021
Freddie Mac weekly survey puts 30-year fixed at 4.42%
Company veteran appointed to new position to advance diversity and inclusion in housing.
Insurance protects $828.5 billion in unpaid principal balance of single family mortgages.
The new, automated assessment tool will help reduce paper documentation so loans can close faster.
