Lack of Capacity Leads to Widening Mortgage-Treasury Spreads

National Mortgage News, Mar. 5, 2020–Brad Finkelstein (subscription)
Capacity constraints among mortgage lenders are leading to wider spreads between mortgages and the 10-year Treasury yield even after it remained below 1% for an extended period this week.
https://www.nationalmortgagenews.com/news/lack-of-capacity-leads-to-widening-mortgage-treasury-spreads