Mortgage Loan Origination Tanks By 90 Percent | TPTS - a podcast by RTD

from 2022-11-04T19:08:24

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In the early fourth quarter, Wells Fargo had around 18,000 loans in its retail loan origination pipeline, according to sources. People stated that was down 90% from a year ago when the stimulus-injected pandemic housing bubble was in full force. If there's no one borrowing, the banks can't lend and there will be no housing market. Is this the end of the housing bubble?  


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DISCLAIMER: The financial and political opinions expressed in this video are those of the guest and not necessarily of "Rethinking the Dollar." Views expressed in this video should not be relied on for making investment decisions or tax advice and do not constitute personalized investment advice. The information shared is for the sole purpose of education and entertainment.  #housingcrisis #mortgages #loanoriginator #banks #housing #affordablehousing #housingmarket #community #housingfirst #covid #realestate #housingproblem #househunting #affordablehousingcrisis #affordablehome #renting #starterhome

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