Bailey: “We are doing something important… helping a man get his own roof and walls.”
Potter: “You're worth more dead than alive.”
Banking Reform in the US
BANKING REFORM introduced granular LTV tables for traditional lending while treating $1.2T in NDFI (mortgage intermediaries, PE funds, consumer & business credit) as one?
Are NDFI more/less/same duration risk than traditional loans?
Barr dissented. Cook voted yes, flagged inadequate visibility.
21st Century ROAD to Housing Act. click on items for more detail, explore different views. illustrative, not exhaustive.
think section 205 has some teeth?
Housing + Banking: Senate amendment bans Fed Central Bank Digital Currency (sunsets 2030). House version discussed community banks.
map is but one framework for looking at impact of Senate bill. still has to get OK from House, could get entirely rewritten. None of this means any entity is a good steward of capital. Do your homework.
shout out Ms. C. for talking about compound interest first day of pre-calc. made frame-by-frame, before AI.
introducing WAK-A-MOLE. PCE SIMULATOR.
don't let the red deceive you as it actually shows you how stable housing, utilities, financial services and insurance can be.
SLIDE ANYTHING YOU WANT - see where PCE lands.
NOTE: prior month values are subject to revision with each new release and may differ from previously published numbers. Hence, WAK-A-MOLE.