I am concerned that if we open up the secondary mortgage market to private capital but impose no meaningful requirements to protect smaller lenders, then the primary market dominance of the four biggest banks may lead to their dominance in the secondary market.
Elizabeth Warren: “I am concerned that if we open up the secondary mortgage market to private capital but impose no meaningful requirements…”
Editor's note · Context
Warren expresses concern about the dominance of big banks in mortgage markets.
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