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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Mortgage Lending Soared 67.1% in 2020: The Fed

Mortgage lenders handled ballooning volumes last year, driven mainly by refinances to take advantage of extraordinarily low interest rates, according to the latest statistics from the Federal Reserve. So reports Reuters.

arrow 156792 640smallThe Fed said that originations surged by roughly 5.3 million, or 67.1%, last year, versus 2019 levels.

Refinances for one- to four-family properties spiked 150% and loans to buy a home rose 6.7.%

Read the full article from Reuters.

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