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...or maybe the lender would rather not make a loan at some locked rate and would like to drag things out?

The investor, not the lender, is the entity that would rather not make a loan on a sack o' money, the cost of which is now higher than the locked sack o' money. The lender has nothing whatsoever to do with the sale (or servicing) of the sack o' money. They only buy it in the after-market in very large tranches, the contents of which they have no control over.

Here's an article about how your specific loan--from origination to servicing--is handled.

Where Your Mortgage Check Ends Up: Thanks to the secondary mortgage market, your mortgage can go halfway around the world and fund still more home loans.
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