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Logan Mohtashami on why the foreclosure fanatics are wrong (again)

HousingWire Daily

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The Problem With Rate Hikes

What happens when we do have a job loss recession? What is their response. My personal guess is that they're hoping that bond yields will come down and mortgage rates will come down with it. And then all of a sudden residential construction comes back to GDP. So you get housing back online. I mean, this is by choice right the spreads are are bad by choice and they're not even talking about it because they don't want it to get better.

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