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June 24, 2020

Writing the next chapter in American homeownership (NEXT Mortgage News)

As coronavirus lockdowns ease across the nation, Americans are looking toward the future and wondering when things will get back to normal. I don’t expect they will. Here in the mortgage industry, where low interest rates have kept business brisk, many of us have been insulated from the pandemic’s financial fallout. Last week, another 1.3 million Americans filed for unemployment, bringing the total number of unemployment claims in the last 13 weeks to nearly 45.5 million. Read the full story in NEXT Mortgage News.