Key Words: It’s a ‘tale of two housing markets’ with buyers and sellers at opposite ends, Fannie Mae CEO says

PHILADELPHIA — The U.S. housing market is pushing buyers and sellers to opposite ends, as one group struggles with affordability while the other is locked into low rates.

“It’s a tale of two markets,” Priscilla Almodovar, chief executive of Fannie Mae, told MarketWatch in an interview on the sidelines of the Mortgage Bankers’ Association’s…

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