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Mortgage companies could intensify the next recession, US officials warn

todayMay 13, 2024 5

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US officials worry the next recession could be intensified by a cascading series of failures in the mortgage industry caused by crashing home prices, frozen financial markets and soaring delinquencies.

​ US officials worry the next recession could be intensified by a cascading series of failures in the mortgage industry caused by crashing home prices, frozen financial markets and soaring delinquencies. Read More Breaking News, Latest News and Videos | CNN 

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