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Mortgage backed securities couldn't be sold for any price on Friday: https://www.cherrycreekmortgage.com/lous-credit-news https://www.cherrycreekmortgage.com/lo
by diogenescynic 4y ago
Mortgage backed securities couldn't be sold for any price on Friday: https://www.cherrycreekmortgage.com/lous-credit-news https://www.cherrycreekmortgage.com/lous-credit-news
- rufusroflpunch 4y agoTo me, this was very alarming. Shades of 2019 repo crash.
- adrr 4y agoThere is a very low amount of subprime mortgage loans. Risk isn't the same as it was during the last recession. Delinquency rate is also trending down. https://fred.stlouisfed.org/series/DRSFRMACBS https://fred.stlouisfed.org/series/DRSFRMACBS