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Fannie Mae's monthly HPSI report showed its seventh straight month of declines, approaching a drastic low.

The nation's second-largest retail nonbank lender has now cut $1.5 billion in capacity since mid-August.

Crawford brings over 20 years of experience in mortgage and financial services.

The residential mortgage-backed notes are supported by 748 loans with a balance of $471.3 million..

Affiliate of real-estate franchiser Keller Williams says cuts were a result of 'macroeconomic' conditions.

Ongoing economic uncertainty cited as 15-year and 30-year fixed rates fall.

Wholesale lender says platform reduces processing time from loan creation to credit submission by as much as 40%.