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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Rocket, UWM, PennyMac Lift Jumbo Loan Caps Before FHFA

Rocket/Quicken Mortgage, United Wholesale Mortgage and PennyMac are offering higher-balance loans at conforming loan rates, ahead of an increase in conforming loan limits by the Federal Housing Finance Authority that’s expected in November. So reports

FHFAEach company has set a loan cap of up to $625,000 for conforming loan pricing, up 14% from the FHFA’s existing $548,250 limit.

The increases come as home prices have been rising at a record-breaking clip.

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