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Get Ready for Higher GSE Modification Rate

Mortgage interest rates were down for the second consecutive week following eight weeks of increases, but Fannie Mae and Freddie Mac raised their standard mortgage modification rate for the second time in a month up to its highest level since mid-2015.

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Carson Spells Out Plans for Leading HUD

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HUD Secretary-Designate Dr. Ben Carson calmly answered questions for nearly three hours before the Senate Banking Committee in his confirmation hearing on Thursday, saying that he wanted to run HUD in order to "heal America's divisiveness."

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