Remove 2011 10
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Mortgage rates rise as debt ceiling standoff drags on

Collection Industry News

Mortgage rates topped 5% for the first time since 2011 a little more than a year ago and have remained over 5% for all but one week during the past year. The average mortgage rate is based on mortgage applications that Freddie Mac receives from thousands of lenders across the country.

Lender 40
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How New York Budget Cuts Will Affect Debt Collection

FFGN COLLECT NY

Without aid from the federal government, New York state will see budget cuts of 10 billion in 2021 followed by budget cuts of 30 billion in 2022. But how is that possible given the fact that the courts are still recovering from the voluminous caseload from the recession of 2008 and 2011 budget cut of 170 million dollars?