Banks earned $1 trillion windfall during Fed’s high-rate period
Lenders reportedly benefited from higher yields on deposits held at the Fed while paying relatively low rates to many savers.
JPMorgan Chase
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Baltimore launches $6.2B housing redevelopment effort
Work is supported by $1.2 billion in public funding commitments and is expected to leverage an additional $5 billion from the private sector.
The pandemic made housing less affordable, but not in the obvious places
The housing affordability crisis often conjures images of coastal urban cities, but that’s not where costs are rising the most.
The 29 mortgage servicers that received top marks from Fannie Mae
Fannie Mae on Tuesday announced the results of its 2024 Servicer Total Achievement and Rewards (STAR) program, recognizing 29 mortgage servicers for “competency, capability, and overall performance.”