Fed Chair Jerome Powell says that the economy justifies further rate increases this year
The Federal Reserve announced the decision after a meeting of its board of governors
The lender-placed insurance market has continually been under fire over allegations of conflicts of interest and inappropriate business practices. Lawmakers are urging that this controversial type of homeowner's insurance be put to an end.
Lawmakers grilled FHFA Director Mel Watt this morning and pushed for a move toward dismantling the mortgage giants to set up a new housing finance framework.
October housing starts and permits are expected to increase, but multifamily development will still outpaced single-family construction.
One more global economic giant is sliding, but does it matter here in the U.S,? Doesn’t look like it; investors and traders ignoring it as is the situation with the U.S. equity markets.
The MBS market's knee jerk reaction to 10-year note yield jumped this morning pushed prices down. The 10-year shot up following news of better retail sales.
Credit availability got tighter last month, according to the MBA -- but relief may be on the way