Free money dried up so no surprise the users of low/no cost credit business models are in trouble
"US Mortgage Lenders Are Starting to Go Broke
" https://www.bloomberg.com/news/articles/2022-08-19/mortgage-lenders-are-starting-to-go-broke-as-loan-volumes-plunge?utm_medium=cpc_social&utm_source=twitter&utm_campaign=BLOM_ENG_EDITORL_Y0469_TW_SO_WTRF_BROADPROSX_KEYCO_00XXXXCPC_2PTW_XXXX_BUSFINLUXREAD_X1854_Y0469_XXXEN_TWITOA_USMO_C1_EN_PG_NFLINKS&twclid=2-72e5ifwiiqclwqjjgq4q8ym8h
After crisis, banks account for less of the mortgage business Independent mortgage lenders are seeing their credit lines cut
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