Boston Fed President Assesses the Role of Real Estate Values in Financial Stability
March 21, 2017
March 21, 2017
BOSTON, March 21 -- The Federal Reserve Bank of Boston issued the following news release:
Real estate has played an important role in past periods of financial instability, Boston Fed President Eric Rosengren said today at a conference on banking supervision.
Because many financial intermediaries lend to households and businesses with real estate as the collateral, recessions that are accompanied by significant declines in real estate valuations can lead to broader . . .
Real estate has played an important role in past periods of financial instability, Boston Fed President Eric Rosengren said today at a conference on banking supervision.
Because many financial intermediaries lend to households and businesses with real estate as the collateral, recessions that are accompanied by significant declines in real estate valuations can lead to broader . . .