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What changed 10-Q
Item 3. Quantitative and Qualitative Disclosures About Market Risk
2020-11-05 compared with 2020-08-04 · 1 added, 1 removed, 12 unchanged (14% of the section changed)
3 unchanged sentences
A hypothetical 100-basis point increase or decrease in market interest rates would not have a material impact on the fair value of our cash equivalents securities, or our earnings on such cash equivalents, but would have an effect on the interest paid on borrowings under the Amended Revolving Credit Facility, if any.
−Removed: As of August 4, 2020 , there were no borrowings under the Amended Revolving Credit Facility.
+Added: As of November 5, 2020 , there were no borrowings under the Amended Revolving Credit Facility.
Fluctuations in interest rates affect consumer demand for new mortgages and the level of refinancing activity which, in turn, affects lender demand for mortgage leads.
7 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.