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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Swelling Loan Sizes May Pose Risk for Mortgage-Backed Securities

The federal government’s recent move to raise the limits on the size of mortgage loans backed by Fannie Mae and Freddie Mac could hamper the performance of mortgage-backed securities in 2022. So reports Bloomberg.

Fannie Mae2 300x300The increase in the size of loans that can be bundled into agency mortgage bonds, of almost $100,000 to $647,200, is the biggest ever in both relative and absolute terms.

Erica Adelberg, an analyst at Bloomberg Intelligence, noted in a December 3 report that bigger loans make homeowners more likely to refinance, which increases the risk of mortgage bonds for investors.

Read the full article from Bloomberg.

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