
Closing Bell: Major gains for major averages, three CEOs talk earnings 7/19/22
Closing Bell
00:00
Mortgage Loansd and Auto Loans
Mortgage loansd and auto loans. How ow ugly is that going to get as the fed continues to raise rates here. Nd, and what are you doing about that? Well, in the mortgage bu we actually have a bit of a hedge taking place. So production volumes are down, but our servicing book is throwing off more income in the higher rate environment.
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