The Mortgage Market Never Got Fixed After 2008. Now It’s Breaking Again

Wall Street Journal, May 9, 2020–Ben Eisen (subscription)
Many mortgage companies are nonbanks that don’t have deposits or other business lines to cushion them amid the coronavirus pandemic.
https://www.wsj.com/articles/the-mortgage-market-never-got-fixed-after-2008-now-its-breaking-again-11588977078?mod=hp_lead_pos1