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That Model May Not Be Working

A report from the Daily Mail. "In his three-minute call, Vishal Garg CEO of mortgage lender Vishal Garg, said that the 'market has changed' - meaning savage cuts to the $7 billion company's workforce were needed to avert disaster.…

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A Cascade Of Loss Upon Loss

A report from the Philadelphia Inquirer in Pennsylvania. "Economic uncertainty during the pandemic has led banks to tighten their lending standards. The supply of mortgage credit has fallen by more than 30% from February to June, according to the Mortgage…

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