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Mortgage News

Mortgage Lending in Crisis: Insufficient Warehouse Lines Affect Lenders

Posted by on April 14th, 2009

As demand for mortgages increase, many lenders are finding that they are unable to fund loans or are extremely slow in funding as their warehouse lines are shrinking or disappearing altogether. This means that as the economy struggles to recover, homeowners that have the biggest need to refinance are finding their loans are not funding […]