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Eliminates mortgage insurance fees and allows more borrowers to qualify for the program.

Applications in April fell 11% from March, but were up from a year earlier for the third straight month.

Fannie Mae ESR Group updates forecast, includes more positive outlook on housing construction.

Redfin says demand is high, but so are mortgage rates, which are keeping sellers on the sidelines.

Succeeds J. Franklin Hall, who left the company in December.

SVP of corporate development succeeds Allen Parker, who held the post since 2018.

The 30-year fixed-rate mortgage average rose to 6.39%, while the 15-year rate remained unchanged.

Covered loan pool includes about 53,000 single-family mortgage loans with a UPB of approximately $18.1 billion.

32% of companies were profitable in Q1, up from 25% in Q4.