With the failures of Silicon Valley Bank and Signature Bank leading to massive deposit transfers from regional banks to mega-cap banks, the banking sector is under duress. Although this trend is ...
Wachovia committed to relend the proceeds to new low-income borrowers. Self-Help made enough profit on this transaction to increase the amount of loans it bought the next time. In 1998, Self-Help ...
YOUNGSTOWN — The Mahoning County commissioners Thursday awarded almost $2.5 million of the county’s $44 million in American Rescue Plan funds to Mahoning Valley Partners and to Meridian ...
Banks can also package the loans they have on their books into a security and sell this to the market (a process called liquidity transformation and securitization) to obtain funds they can relend. A ...
has capitalized on a unique blend of financial acuteness and infectious Southern charm to borrow some $2 billion from private investors and relend it to backward nations for carefully chosen ...