Learn more about what Fed Chair Jerome Powell had to say about the Fed’s monetary policy, economic outlook, and President Trump’s recent remarks during his semi-annual testimony to the House Financial Services Committee.
Read More »When Does the Industry Believe Interest Rates Will Drop?
Those waiting for interest rates to drop for the first time in almost 10 years will have to wait a bit longer, as the Federal Reserve decided Wednesday ...
Read More »Mortgage Experts Comment on Steady Fed Rates
The Federal Reserve decided once again to delay a rate hike, and industry experts give their thoughts on why, and what we might expect moving forward.
Read More »How Mortgage Apps Impacted Nonrevolving Credit
Here's what a recent analysis indicated about the state of nonrevolving credit and the effect of the current surge in mortgage applications on it.
Read More »Senators Call for Removal of Wells Fargo’s Sloan
In a letter to Federal Reserve Chairman Jerome Powell, Senators Elizabeth Warren and Sherrod Brown have urged for Wells Fargo’s growth restrictions not to be lifted until Wells Fargo President and CEO Tim Sloan is removed.
Read More »Fed’s Powell Looks Ahead
Despite the Fed's decision to keep rates where they are, economic indicators suggest otherwise. What do experts say may lead to a rate hike later in the year?
Read More »How the Fed Will Review BB&T, SunTrust Merger
Fed Chair Jerome Powell outlined the steps that the Fed will take to ensure a “thorough and transparent” review of the recent merger during his testimony before the House Financial Services Committee.
Read More »Powell: “Financial Conditions Now Less Supportive of Growth”
Here’s what Fed Chair Jerome Powell had to share on the economy and housing during the Fed’s semi-annual monetary policy report to the Congress.
Read More »Checking the Fannie Mae Forecast
Here’s what the latest economy and housing market forecast by Fannie Mae projected about home sales and the broader economy.
Read More »How Will New Flood Insurance Regs Impact Lenders?
The OCC recently amended regulations to implement the private flood insurance provisions of the Biggert-Waters Flood Insurance Reform Act. Here’s what this amendment would mean for mortgage lenders.
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