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Metra Set for Higher Fares, More Off-Peak Service on Electric District Line

On February 1, University of Chicago students and employees riding the Metra Electric District line may notice changes to their ride fares. Under a plan announced in October, Chicagolandโ€™s Metra Commuter Rail System, which operates the Electric District lines linking Hyde Park to the Loop via Millennium Station, will implement an all-new fare system for...
Cook County United States Hyde Park University Of Chicago Rock Island Toni Preckwinkle

Hedging, PPE, Fee Collection, QC Products; Gov't and Conforming News; Producer Inflation Alive and Well

This morning I head from Chicago to Orlando along with 74 million others (yearly). More fun with numbers: Although the MBA thinks we’ll fund about $1.7 trillion in 2023, weekly applications continue to reflect a declining market so let’s use $1.5 trillion to make the numbers easier. That averages out to $6 billion per business day of production. The Fed is looking to offload $13 billion in MBS from bank seizures. To keep things in perspective, that is only two days’ worth of...
United States Lance Hackney Michael Fontaine Jon Hodge Freddie Mac Steve Smith

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