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Large banks recover from crisis while the industry lags behind

Hundred of borrowers still struggling

Former Goldman Sachs (GS) trader Fabrice Tourre took the spotlight in recent months when a federal jury in Manhattan found him liable for civil securities fraud. The brunt of his actions runs deep, with hundreds of subprime borrowers still struggling. 

The financial crisis still lives on for many others, such as the firms that packaged the mortgages and the borrowers who are still underwater. 

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Lower mortgage rates attracting more homebuyers 

An often misguided premise I see on social media is that lower mortgage rates are doing nothing for housing demand. That’s ok — very few people are looking at the data without an agenda. However, the point of this tracker is to show you evidence that lower rates have already changed housing data. So, let’s […]

3d rendering of a row of luxury townhouses along a street

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