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Yellen Warns of Potential Nonbank Mortgage Lender Failure
Posted
February 8, 2024
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1:48Now PlayingTreasury Secretary Janet Yellen said US regulators are watching for risks stemming from nonbank mortgage lenders and warned that a failure of one of them is possible in the case of market strains. Yellen spoke Thursday at the Senate Banking Committee in response to a question from Democratic Senator Catherine Cortez Masto of Nevada.
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