It used to be the top mortgage lender in the country.

Econ Extra Credit newsletter #130

Teachers demanding higher pay is one example of new costs. That could make it harder for schools to borrow money, a new report says.

Developing nations see worsening debt challenges due to the war in Ukraine.

Business lending has been sluggish throughout the pandemic. But there are signs that commercial lending is starting to pick up again.

Many businesses are nervous about borrowing right now. And banks aren’t earning much on the loans they are making.

Some Senate Republicans want a new COVID relief bill to prohibit the Fed from restarting pandemic lending programs.

Quarterly earnings for big banks like Citigroup and JPMorgan Chase are beating expectations thanks to a soaring stock market.

Turns out it’s much more akin to printing money than it is to borrowing.

Consumer advocates say it’s time to loosen restrictions imposed after the housing collapse.