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Mortgage Rates Tumble as Lenders Face Increasing Difficulties
Washington Post, Apr. 2, 2020–Kathy Orton
As mortgage rates continued their slide this week, lenders faced new challenges as they try to keep up with refinancing demand and cope with costly margin calls as a result of the Federal Reserve’s increased buying of mortgage-backed securities. (MBA mention)
https://www.washingtonpost.com/business/2020/04/02/mortgage-rates-tumble-lenders-face-increasing-difficulties/