Mortgage Loan Origination Tanks By 90 Percent | TPTS

In the early fourth quarter, Wells Fargo had around 18,000 loans in its retail loan origination pipeline, according to sources. People stated that was down 90% from a year ago when the stimulus-injected pandemic housing bubble was in full force. If there's no one borrowing, the banks can't lend and there will be no housing market. Is this the end of the housing bubble?

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