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As we enter into a situation that is largely unknown of what happens day by day. I've been getting asked often what's happening on the lending side and below are a few bullet points of what is happening as we speak.
- Warehouse lines limiting/restricting funding
- Hedge challenges (pricing in anticipated losses)
- Investors temporarily exiting the market (Caliber, Redwood, Angel Oak, Sprout, DeepHaven...etc.)