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HUD Allocates $30M+ in Funding for State, Local Fair Housing

The U.S. Department of Housing and Urban Development (HUD) on Wednesday announced it has allocated $30.1 million in noncompetitive funding for HUD’s state and local fair housing enforcement agencies across the country under its Fair Housing Assistance Program (FHAP). The FHAP ...

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Adding Juneteenth to the Calendar

Timothy A. Raty of Mortgage Cadence examines the history of precise business days and observed holidays, and the importance of the recent addition of Juneteenth to the calendar.

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Fed Raises Nominal Interest Rate by 0.75%

Fed Rate

Three-quarters of a point. This is the amount the Federal Reserve chose to raise the nominal interest rate by citing the need to combat the highest rate of inflation since the 80s.  To put that another way, this is the ...

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