The Fed’s increase sets a target range for the federal funds rate of 2.25 percent to 2.5 percent. The increase of 25 basis points came as the “labor market has continued to strengthen and that economic activity has been rising at a strong rate,” accord… Continue reading
Economic growth is expected to slow in 2019 which means stabilizing home sales and mortgage rates in 2019, according to Fannie Mae’s economic and strategic research group. Continue reading
The Trump administration is preparing to nominate Mark Calabria to head the Federal Housing Finance Agency, the agency tasked with overseeing Fannie Mae and Freddie Mac. Continue reading
The Consumer Financial Protection Bureau finally has a non-temporary leader. On Thursday, the Senate voted 50-49 along party lines, with no Democrat voting in support, to approve Kathy Kraninger as the new head of CFPB. Continue reading
A Trump administration official with a six-figure salary is planning to move from her Trump Tower condo into public housing. Continue reading
Learn why “The consumer is looking for an all-inclusive experience” Continue reading
The U.S. Senate on Thursday passed a six-month extension to the National Flood Insurance Program just hours before the program lapsed. Continue reading
Proposed government regulations announced by Office of the Comptroller of Currency would raise the threshold for transactions requiring an appraisal. Continue reading
The deadline to extend the National Flood Insurance Program expires Friday, meaning House and Senate have two days during the lame duck session to ensure homeowners will have protection. Continue reading
The U.S. Treasury Department is expanding previous regulations to more U.S. counties and lowering the sales price threshold for reporting. Continue reading