Paige A trust deed is a type of mortgage in which the title to the property is held by a trustee on behalf of the borrower. The trustee is usually a bank or other financial institution. The trust deed gives the lender certain rights in the event that the borrower defaults on the loan, including the … Read more
The Federal Reserve requires that banks hold a certain level of reserves, which are deposits held at the Fed. Banks use these reserves to meet their daily liquidity needs, and they can also use them to lend to other banks overnight. The level of reserves that banks are required to hold can affect the amount … Read more
