FRB-NY: Lower-Income, Minority Borrowers at Risk re Household Debt
The Federal Reserve Bank has moved on from its assessment of mortgage and student-loan forbearance to identify the distributional implications of other forms of debt in the wake of COVID’s macroeconomic shock.

Senate Democrats Escalate Refi-Fee Reversal Demand
Following a scathing letter of his own, Senate Banking Ranking Member Brown (D-OH) was joined yesterday by fourteen Senate Democrats in yet another demand that FHFA Director Calabria reverse the GSEs’ recent refi fee.

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