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.

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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.

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