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Fed's Bowman: Mortgage finance system still vulnerable after COVID-19 chaos

Fed's Bowman: Mortgage finance system still vulnerable after COVID-19 chaos Federal Reserve Governor Michelle Bowman warned Thursday that the U.S. mortgage industry is vulnerable to a crisis akin to the onset of the coronavirus pandemic that could send shockwaves through the broader financial system.In a Thursday speech,...

Read more https://thehill.com/policy/finance/526762-feds-bowman-mortgage-finance-system-still-vulnerable-after-covid-19-chaos

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