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Freddie Mac's Layton Plans to Step Down From U.S. Mortgage Giant

The agencys executive vice president David Brickman is among the candidates for replacement.

The companies will co-lend each loan under the multiyear agreement, New York-based MetLife said Thursday in a statement.

Wells Fargo, the third largest bank in the US, says it is planning to compensate those affected.

Homeowner Sarah Cottingham reacts to the rise in UK interest rates.

Borrowers stuck on expensive variable rates could get help, despite still being locked out of the wider market.

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