Banks keep buying government bonds because if they hold them to maturity, they earn the spread between the bonds’ interest and their financing costs, and they don’t have to mark the prices of the bonds to market. 238 more words
Tags » Mark To Market
HUD Failure
This story is not specifically about St. Louis, it is about a failure of HUD that would effect all communities.
I have represented a HUD insured Section 8 project in another part of the country. 140 more words
