For 41 years the East Baton Rouge Mortgage Finance Authority helped first-time homebuyers secure financing at far below market rates. But when the Federal Reserve instituted its so-called quantitative easing policy in the wake of the 2008 recession—driving interest rates to historic lows—the agency sort of lost its reason for being. “Agencies like ours could
The East Baton Rouge Mortgage Finance Authority gets a makeover—and a new name
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