The chairman of the House Financial Services Committee says that a recent court ruling means the CFPB will have to comply with executive orders limiting its rule-making ability
Rates hit their highest levels in months this week – but they’re still near historic lows
The unemployment rate continues to decline, but wage gains are lagging behind the pace of employment growth with the majority of jobs at the low end of the pay scale.
In his speech today on housing in Arizona, the President addressed new housing initiatives, including lowering FHA rates, winding down Fannie and Freddie and continuing to crack down on shoddy lending practices.
Many in the industry have praised the move to lower premiums, but some remain skeptic about how much of an impact the cut will have on the housing market.
The employee secured the position at HUD despite a criminal record that spanned over two decades.
According to the latest CoreLogic report released today, overall U.S. negative equity share declined $10.2 billion during the third quarter.
The latest FOMC meeting minutes show the bank is unlikely to raise rates until mid-2015, but the exact timing of the increase still depends on the health of the economy.