The departure of many executives from the United States housing market added uncertainty

On 22 August, according to the Wall Street Journal, informed sources revealed that at least 10 high-ranking officials were about to leave The Valley, raising concerns about the possible further destabilization of this institution, which supports most of the United States mortgage market. On Friday, news of the departure of senior members of HLC quickly spread throughout the industry, raising market concerns that the ability of HLC to stabilize the prices of housing loans and market activities could be affected. The United States has a key role to play in the housing finance system. By buying mortgages and selling them to investors in packages, the two companies also provided the investors with a guarantee of repayment, which could be paid even if the borrower defaulted. This mechanism has enabled United States lending institutions to provide additional fixed-interest mortgages over a 30-year period. According to informed sources, the departures this week included many top-level company leaders. At least part of the separation was not out of personal will, as several officials were informed on Wednesday that their posts had been abolished。