Keller Mortgage Joins Layoff Wave Keller Williams has laid off an unspecified number of people at its lending business, Keller Mortgage, following job cuts at several other mortgage lenders. So reports The Real Deal.

Estimated reading time: 0 minutes, 24 seconds

Fannie Mae Predicts 'Modest Recession' in 2023

Fannie Mae has downgraded its economic forecasts for the rest of 2022 and 2023 and now projects a “modest recession” next year.

Fannie Mae2 e1615570153127 280x280Economists for the federally backed housing finance giant cited the Federal Reserve’s plans for aggressive monetary tightening along with decades-high inflation and fallout from Russia’s war in Ukraine.

“Consequently, we expect home sales, house prices, and mortgage volumes to cool over the next two years,” Fannie Mae chief economist Doug Duncan said in a press release.

Read the full release.

Read 284 times
Rate this item
(0 votes)


click me
PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.