Dimon’s $500 Billion Proposal Opens the Door to Equitable Mortgages

The Hill, Apr. 14, 2021–Karen Petrou
The author says regulators can and should create positive incentives to offset the cost of small loans by, for example, reducing the cost to capital against each such loan when the mortgage is part of a bigger portfolio of low-balance loans that, by virtue of its size and the communities served, effectively diversifies risk and reduces origination and servicing cost.