Remove 2003 Remove 2008 Remove 2009 Remove 2022
article thumbnail

Celebrating 20 Years of Land Banks in Michigan

Center for Community Progress

The Detroit Land Bank Authority (DLBA) is the nation’s largest land bank, with over 75,000 properties in its inventory as of 2022. In 2003—with the expert guidance of another future Community Progress co-founder, Frank S. Why are there so many land banks in Michigan? and the mortgage rate increased 5.6%

article thumbnail

The GSE Public-Private Hybrid Model Flunks Again: This Time It’s the Federal Home Loan Bank System (Part 2)

The Stoop (NYU Furman Center)

In response to that growing criticism plus how much has changed in markets, legislation, and regulation during the 90-plus years of the FHLBanks’ existence, its regulator – the Federal Housing Finance Agency (FHFA) – announced in 2022 that it would undertake a review of the entire System. billion for fiscal 2024.

2008 59