Posted To: MBS Commentary
Any discussion about the challenges faced by a particular industry or even by a particular household requires the same acknowledgement right up front: the most devastating pandemic in modern history has unfortunate consequences for just about everyone. It’s also important to remember how much those consequences can vary and to consider how that everything is relative when it comes raising concerns at this particular moment in human history. Truth be told, if I only had a few clients with a few superficial gripes about their stark new realities, I wouldn’t have anything to write about here. But the fact is that the mortgage market is facing a massive existential threat that will manifest itself in ways that may not be readily apparent to policymakers. These are the questions and concerns that…(read more)
Source: Mortgage News Daily