Mortgage Grapevine: Nov. 26, 2021 (IMF)
$55.00
Product Details
We pointed it out before but the situation has not changed: Nonbanks that went public over the past 16 months are not doing well when it comes to share price. As for meaning: Such a performance does not bode well for other nonbanks contemplating life in the public realm. In other words: The cycle is over.