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Third Round of Easing Hit by Mortgage Processing Delays
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Third Round of Easing Hit by Mortgage Processing Delays

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Third Round of Easing Hit by Mortgage Processing Delays

The Fed's attempt to push aid into the heart of the U.S. economy is being blunted by banks struggling to process mortgage applications fast enough, keeping rates on home loans elevated, lenders say. The FT reports.

More on CNBC...

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