Dan Sogorka of Sagent explains how regulators pivot in times of crisis to maintain stability in the marketplace, bringing order to chaos and preventing systemic breakdowns.
Read More »Fifth Circuit Finds CFPB Funding Strategy Unconstitutional
A three-judge panel of the 5th U.S. Circuit Court of Appeals ruled in a case brought by a payday lending group against the CFPB's 2017 payday lending rule, resulting in the court's decision to deem their funding structures unconstitutional.
Read More »Low Home Inventory Spurs Drop in February’s Pending Sales
Despite intense buyer demand, February marked the fourth consecutive month of declines seen in overall pending home sales nationwide.
Read More »Fed to Keep Rates Locked Near 0%
Despite an optimistic outlook on the overall economy, Federal Reserve Chair Jerome Powell remains wary of the impact that the pandemic has had on the nation.
Read More »The Week Ahead: Fed Chair Jerome Powell’s Congressional Report
Next week, Fed Chair Jerome Powell will once again appear before Congress to update the legislature on monetary policy.
Read More »Revisiting Regulations for Nonbank Mortgage Lenders
Federal Reserve Governor Michelle Bowman last week suggested revisiting the regulatory framework that defines how nonbank mortgage lenders operate. Speaking via webcast to the 2020 Financial Stability Conference hosted by the Federal Reserve Bank of Cleveland and the Office of ...
Read More »DS5: Discussing the Fed’s Plan for Mortgage-Backed Securities
Hear from John Lynch, CEO of PCMA, and Holden Lewis, a housing and mortgage Specialist for Nerd Wallet in this episode of DS5: Inside the Industry.
Read More »Industry Reacts to Fed’s Coronavirus Response
In a statement, the Federal Reserve said the disease poses “evolving risks to economic activity” just a month after Jerome Powell said he didn’t feel there was a need for further reductions.
Read More »Fed’s Plan for Economic Growth
In the minutes of the Federal Open Market Committee's latest meeting, find out how current stance of monetary policy will support continued economic growth
Read More »Great Recession Recovery Recorded Across the Nation
Click through to read what role the Fed played in helping millions of homeowners recover over the past decade.
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