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The New York Federal Reserve Bank says Americans now hold more than $11 trillion in mortgage debt

Alternative real estate financing company cut about 120 jobs.

While new listings dropped 12%, overall housing supply is growing, giving buyers more choices.

Names Donovan Stamps as president.

Firm says Scott Bristol is part of aggressive originator expansion.

Freddie Mac says rates recent volatility continues.

NAR report says housing affordability tumbled dramatically in the second quarter.