The players at the center of the crisis are out-of-towners — a group of investors from a small community in New York. @halliemiller.bsky.social , Sahana Jayaraman and Giacomo Bologna on how Baltimore's problem could be the start of something larger. www.thebanner.com/community/ho...

NEW INVESTIGATION: Investors have spent years falling in love with the 'debt service coverage ratio' loan. The loans have allowed access to vast sums with few conditions, and now make up 40% of mortgage dollars in Baltimore. Now they're going bad. (Story below ⬇️)