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Has over 30 years of experience with Fannie Mae’s Capital Markets and Single-Family Digital Products.
Company says increase may be a one-time thing due to high rates, low inventory.
Overall activity fell 15% from January, and is down 54% from a year earlier.
Both Black Knight’s OMM report and MCTlive! Lock volume indices show a 90% decline in YOY volume.
The volume of both rate/term and cash-out refi locks was down more than 86% YOY.
Jennifer Kennelly appointed as senior director.
