@halliemiller.bsky.social , Sahana Jayaraman and Giacomo Bologna on how Baltimore's problem could be the start of something larger.
www.thebanner.com/community/ho...
@halliemiller.bsky.social , Sahana Jayaraman and Giacomo Bologna on how Baltimore's problem could be the start of something larger.
www.thebanner.com/community/ho...
Investors have spent years falling in love with the 'debt service coverage ratio' loan.
The loans have allowed access to vast sums with few conditions, and now make up 40% of mortgage dollars in Baltimore.
Now they're going bad.
(Story below ⬇️)
Investors have spent years falling in love with the 'debt service coverage ratio' loan.
The loans have allowed access to vast sums with few conditions, and now make up 40% of mortgage dollars in Baltimore.
Now they're going bad.
(Story below ⬇️)