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Federal Reserve Bank of Richmond: "Bank Liquidity and Financing of Nonbank Mortgage Companies"
September 11, 2025
RICHMOND, Virginia, Sept. 11 (TNSLrpt) -- The Federal Reserve Bank of Richmond issued the following economic brief (No. 25-33) in August 2025 by Daniel te Kaat, Alessandro Rebucci, Horacio Sapriza and Alex Sclip entitled "Bank Liquidity and Financing of Nonbank Mortgage Companies".

Here are excerpts:

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Nonbank mortgage companies (NMCs) have become increasingly important players in the mortgage market. These intermediaries finance their assets . . .

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