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Illinois-based mortgage lender sent termination notices Monday.

Allow homeowners in a few markets to choose between a cash offer or listing with an agent.

Purchase and refinance loans both fell as mortgage rates increased across the board.

Timing of announcement, combined with other C-Suite changes, raises questions.

Analyst: Housing inflation at highest rate since 1982.

Earnings drop more than 40% in both Q4 and for the full year.

Jesse Iwuji Motorsports filed lawsuit in December seeking $4.1 million.

Has formed new company called Smart Rate Mortgage, based in Florida.