An upcoming Senate Banking Committee hearing will discuss the state of the nation’s banking system, and how the nation’s bank regulators have resolved these institutional failures.
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The MBA reports that purchase applications increased for the second straight week but remained nearly 40% below last year’s pace, amid news of continued economic instability and several bank closures.
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The GSE alerted investors about calling off a $542 million credit risk transfer to private investors due to a tumultuous economic environment.
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