Big banks retreated from mortgages after the 2008 housing market crash-now this Fed governor wants them back
Big banks retreated from mortgages after the 2008 housing market crash-now this Fed governor wants them back is drawing significant interest across the industry.
After more than a decade of 'significant migration' toward nonbanks, Federal Reserve Vice Chair for Supervision Michelle Bowman says it's time to consider adjusting policy.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
Related Articles
- Most US stocks fall as oil prices climb more
- Lagarde Rumors Ripple Through Markets Amid Fed Strategy Shift
- Diplomacy Is Over: Assessing The Severe Market Risks Of A Protracted Iran War
- Kenna Bravo: Engineering Connection in Latin America's Fragmented Liquefied Natural Gas Market
Source: Original →