The Unequal Costs of Black Homeownership (Compounded By Bank Regulations And QM Rules)
by confoundedinterest17 Ed Golding, formerly of Freddie Mac and now of MIT’s Golub Center for Finance and Policy, has an interest paper on “The Unequal Costs of Black Homeownership.” “As Keynes noted, a small difference in interest rates can compound to a large number. A new study by the GCFP’s Executive Director, Ed Golding, and two co-authors, … Read more