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Tag Archives: Federal Reserve Board

Cautious Fed Holds Rates Steady

Federal Reserve Chair Jerome Powell has opted to keep rates locked in near 0%, as the economy continues to shake off the effects of a year-long battle with the pandemic.

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Fed Governor Brainard Urges Restraint From the Fed on Rates

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Federal Reserve Board Governor Lael Brainard warned against visceral reactions, such as pushes in the marketplace for an increase in interest rates, given the economy’s fragile growth, while speaking at the 57th National Association for Business Economics Annual Meeting in Washington, D.C., on Tuesday.

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Lender Survey: Credit Scores Matter, Often More than Downpayment Amounts

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In their “Eye on Housing” blog, the National Association of Builders (NAHB) broke down the findings of the April 2015 Senior Loan Officer Opinion Survey (SLOOS), conducted by the Federal Reserve Board. In the survey, banks were asked questions that attempted to judge how they were responding to GSE guidelines issued on November 20, 2014 on life-of-loan representation and warranty exclusions.

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