By maintaining a prudent hedging strategy constructed using mortgage-backed securities, mortgage lenders can match market movement on the value of borrower locks to the market in which the locks were taken.
Tag: Hedging Strategies
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Scott Colclough: Amidst Uncertainty, Hedging Still Works
By maintaining a prudent hedging strategy constructed using mortgage-backed securities, mortgage lenders can match market movement on the value of borrower locks to the market in which the locks were taken.