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The Great Mortgage Reversal: Banks Losing Money for the First Time Ever
https://natureofhome.com -
A surprising twist has emerged in a housing market marked by historically high prices and dwindling inventory. For the first time ever, banks and other mortgage providers are losing money on each mortgage they finance. According to a recent Mortgage Bankers Association (MBA) report, certain banks experienced an average loss of $301 per loan in ... Read more
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