Government Backstop Grows To 98 Percent Of New Financing In Residential Mortgage-Bond Market During Pandemic
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Government Backstop Grows To 98 Percent Of New Financing In Residential Mortgage-Bond Market During Pandemic

The U.S. government has guaranteed nearly all new home loans in the $11 trillion housing debt market in the months since the coronavirus tool hold across American, a situation that isn’t likely to change soon, according to Barclays.
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