Logan on the “mortgage meltdown”. He says some lenders are concerned about EPO (early payoff risk). Other brokers have told me they get “no bid” on MBS. This is crazy.

Logan on the "mortgage meltdown". He says some lenders are concerned about EPO (early payoff risk). Other brokers have told me they get "no bid" on MBS. This is crazy. t.co/4tntPzC9wW

— Bill McBride (@calculatedrisk) March 18, 2020