0 minute readA taskforce of banks and institutional investors backed by the New York Federal Reserve Bank on Monday recommended steps to fortify the $1.7trn tri-party repurchase market to help prevent one firm’s problems from spilling over to others. The taskforce is part of the Federal Reserve’s efforts to reduce the risk of future crises.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
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The story for the housing market over the past three years has been, “Home sales are down, home prices are up.” Because inventory was so restricted after the pandemic, prices pushed higher even as demand weakened. That story may finally be inverting as unsold inventory of homes is now great enough that home prices are […]
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Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio