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Lawsuit seeking class action status names Sprout, CEO, and affiliate Recovco Mortgage Management as defendants.

The 0.3% decrease indicates that lending standards are constricting.

Lack of supply & housing affordability cited as biggest hurdles in latest NAR survey.

The Mortgage Delinquency Rate dropped in April for the 13th straight month.

Kleber Santos appointment comes as bank faces major financial pressures.

Darin Lugat most recently worked for Wells Fargo Home Mortgage.

Total mortgage rate locks by dollar volume decreased 3.8% in June; total lock volume down 32.0% from a year ago.

Nearly 15% of home purchase agreements fell through in June, hinting that buyers are taking more time to re-negotiate.