PLS market struggling to clear backlog of loans locked at last year’s rates

Mar 17, 2022 |

The rate volatility created by fast-rising inflation, now approaching 8% annualized, and the opposing flight to quality sparked by the war in Ukraine, is complicating an already challenging execution environment in the private-label securities market.  Into March of this year, according to multiple market experts, the nonagency secondary market has been digesting a large backlog […more]

Posted in: San Francisco

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