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Independent Mortgage Banks have been struggling to overcome lingering challenges from the rapid rise of interest rates over the past year. Many have struggled to regain profitability and find a way through this market cycle. As with much of 2023, there are definite challenges for these institutions, but there is also emerging opportunity. Oh yea, and Congress, along with the white house, STILL cannot get their act together on the debt ceiling talks. The fighting continues as we come right down to the wire. We cover the detail of these two issues in this week's edition of The Weekly Mail.
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