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Single family homes on the market. Updated weekly.Powered by Altos Research
667,466-14,684
30-yr Fixed Rate30-yr Fixed
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30-Yr. Fixed Conforming. Updated hourly during market hours.
6.91%0.02

Banks ‘throw in towel’ to add most mortgage bonds in 18 months

The biggest banks are adding government-backed mortgage bonds at the fastest pace in 18 months, breaking with an unusual pattern in which they shunned the debt as their loan portfolios shrank during the economic slump. Large US commercial banks added $51.4bn of so-called agency mortgage-backed securities in the two weeks ended July 21.

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loanDepot’s Frank Martell on building lifelong consumer relationships through technology 

In this week’s episode of the Power House podcast, HousingWire President Diego Sanchez sits down for a tantalizing conversation with Frank Martell, the president and CEO of loanDepot, to discuss the company’s profitability in the third quarter of 2024 and its Project North Star growth plan for 2025.

3d rendering of a row of luxury townhouses along a street

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