In recent years, mortgage companies originated the majority of the mortgages obtained by Black and Hispanic borrowers as well as the majority of mortgages to borrowers living in low- or moderate-income areas. -6What does this have to do with financial stability?
Conclusion Ladies and gentlemen The euro area’s economy has made it through the rain and is now under relative sunny skies. Yet clouds still hover over the less-than-complete recovery – a lot remains to be done. The Germany economy, on the other hand, has been in the sun for quite some time now, and even the short term outlook is quite promising.