Tag Archives: Fed

The Fed is going to start chipping away at its balance sheet in the near future, but what sort of consequences—intended or otherwise—might that have on the mortgage industry?

Janet Yellen completed the second day of her semi-annual testimony in front of the Senate today, and gave her opinion on proposed Dodd-Frank reforms. What did the Chair of the Federal Reserve have to say, and did she agree with members of the committee?

The Federal Reserve announced Wednesday the results of its Comprehensive Capital Analysis and Review, or Stress Test, now in its 7th year. 34 banks participated with near unanimous results…

The Federal Open Market Committee and the Federal Reserve Board of Governors Board of Governors are set to meet Tuesday, June 13 and Wednesday, June 14, in Washington D.C.. It will be their fourth meeting of 2017. Janet Yellen, Chair of the Board of Governors, is scheduled to give press conference at 2:30 p.m. eastern time on Wednesday.

Many expect the Federal Reserve to begin pulling back from the MBS market later this year or early next. A new analysis delves into the options the Fed has for its pullback--as well as the impact each of those options may have on the market. Whichever the Fed choose, expert say it will impact mortgage rates either way.

Two federal banks are forecasting a slowdown in GDP growth this quarter, with the Atlanta Fed predicting it to hit its lowest point in three years. The drop is a result of reduced consumer spending, the Fed reported. Predicted GDP growth has decreased significantly since the start of the year.

JPMorgan Chase CEO Jamie Dimon stated in a letter to shareholders that the issue of “too big to fail” is solved. However, Minneapolis Federal reserve President Neel Kashkari disagrees. In an interview with Adam Shapiro on Fox Business that Too Big to Fail has not been solved, and is in fact worse.

Conventional wisdom suggests that rising Fed Funds rates are bad news for the still-recovering US Housing Market. And it’s easy to see a scenario unfold that supports this theory: lenders react to the Fed action by raising interest rates on ...

The Federal Reserve Rate Hike yesterday was no surprise, but what should we be looking for now?

Janet Yellen will speak at the Federal Reserve System Community Development Research Conference. Will she give more details on future rate increases?