In today’s briefing:
- US Banks – Residential Mortgage Loans Weekly Data Is Dismal
US Banks – Residential Mortgage Loans Weekly Data Is Dismal
- Weekly high frequency data on US banks shows a major slow down continuing in residential mortgage loan growth
- Mortgage loan applications index shows some of the worst figures in years in the latest weekly data
- Core net interest income and credit costs can surprise even from an area that is traditionally not risky compared with CRE and C&I loans
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