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Sales have declined for five straight months.

Stephen Lewis, an industry veteran with over 30 years of experience in mortgage banking, will serve as EVP.

The competition rate dipped below 50% in June for the first time since the start of the pandemic.

The MBA’s Market Composite Index decreased 6.3% on a seasonally adjusted basis from last week’s data.

Matthew Peace will oversee the company’s accounting and financial planning teams.

Down Payment Resource found that the number of homebuyer assistance programs increased nearly 2% in the second quarter.

Agency also issues request for information on the role of technology in housing finance.