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Industry has reason for optimism with previously owned homes rising by 1.3% in July
Demand for housing loans increase by 16%
New proposal would also reduce paperwork burdens
British bank expected to sell between £3 billion and £4 billion of loans to raise capital
Impact of CRE exposure on community banks has overshadowed the risk to larger banks
New report found 70% of Americans feel renting could impact their current and long-term finances
Mortgage rates dropped to 7.08% on 30-year fixed-rate mortgages from 7.18%
The regulator found servicers charging illegal junk fees and violating loss mitigation rules
The report could have been worse as some feared even higher inflation reports
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Webinar:

Strategic Growth: How FI Execs Can
Leverage a Payments Hub

Thursday, September 12, 2024, at 2:00 pm ET

As banks prioritize investments in both commercial and retail payments, with a significant portion planning to spend over $20 million, it's clear that payment modernization is at the forefront of industry strategy. However, legacy infrastructure remains a significant challenge.

Alacriti's Neeraj Gupta, SVP of Product Management, will discuss:

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