Banking with Interest artwork

The Industry Demanded a Bailout. This Regulator Said No.

Banking with Interest

English - March 16, 2023 10:00 - 41 minutes - 32.6 MB
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Previous Episode: The Steep Price Banks May Pay After Latest Financial Rescue
Next Episode: What We Learned After Two Hearings on SVB, Signature Failures

Mark Calabria, former director of the Federal Housing Finance Agency and author of the new book Shelter from the Storm, talks about why he resisted calls to bailout mortgage servicers during the pandemic, and how he knew their predictions of another mortgage crisis were overblown.