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Seeing a decline of 60-70% in refinances this year compared to the last two, says Nations Lending CEO

Jeremy Sopko, Nations Lending co-founder and CEO, joins 'Squawk on the Street' to discuss what he is seeing in the housing mortgage market, what percentage of Nations Lending's clients are using refinancing and the potential for layoffs in financial companies.
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Mon, Jun 27 202211:24 AM EDT