Why don't
nonbanks borrow more and economize on their supposedly expensive equity?»
Not exact matches
As I tried to illustrate in the comments above, the government has to obtain the funds it spends from some source - the
nonbank public through taxes or
borrowing or from the Fed and depository institutions.
Nonbanks usually
borrow from hedge funds, private investors and banks to fund mortgage loans.
Today, tightened regulations and a reluctance among large lenders to deal with risky customers has shifted
borrowing to smaller institutions that have adopted the group name «
nonbanks.»