AI Refinancing Acceleration Threatens Returns on $9 Trillion Mortgage Bonds

1. 1Lenders say AI can cut home refinancing approval times to minutes
2. 2Morgan Stanley analysis sees eligible refinancing share potentially rising from about one-third to 60%
3. 3Warns that faster prepayments when rates fall could dent returns for $9 trillion mortgage bond investors

Source Bloomberg · View original ↗

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