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Slowing Market Boosts Negotiating Power

More and more buyer home-purchase agreements were cancelled in July to the highest mortgage rates seen in two years. Click through to see how many took advantage of their newfound negotiating power.

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IMBs Report Profit Losses in Q2

With IMBs reporting an overall net loss of $82 on each loan they originated in Q2, one analyst notes that “the second quarter of 2022 did not yield the usual Spring seasonal pick-up in purchase activity."

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