Federal financial institution regulatory agencies and the state financial regulators issued a joint policy statement providing needed regulatory flexibility to enable mortgage servicers to work with struggling consumers.
Read More »Fed Official: More Monetary Policies Available
Financial Services Committee Chair Maxine Waters said recent actions are coming from the “old playbook” as homeowners are looking for relief from the coronavirus.
Read More »How the Fed Can Address Mortgage-Backed Securities
According to a former Fed governor, the Fed's actions will help narrow spreads in MBS, but there is still more it can do.
Read More »Experts Predict: Interest Rate Cuts are Likely
Despite the prediction, Neel Kashkari and Loretta Mester, presidents of the Minneapolis and Cleveland central banks, respectively, both said Monday there was no immediate need to cut interest rates.
Read More »The Week Ahead: FOMC Releases Minutes
Also on The Week Ahead, are reports from the U.S. Census Bureau on housing starts and permits, existing home sales, and findings from the latest homebuilders index.
Read More »Trump’s Pick for Federal Reserve Board Questioned During Hearing
The former economic advisor to the president reportedly has “unorthodox” beliefs on the monetary system. What did Republican lawmakers have to say about her nomination?
Read More »Fed Keeps Interest Rates Steady
The Federal Open Market Committee will be looking at global economic indicators when determining its next rate decision.
Read More »The Week Ahead: Update on Economic Growth
As housing continues to play a large role in economic growth, the upcoming FOMC meeting will include an overview on economic indicators across the country. Here's what else is happening in The Week Ahead.
Read More »Fed Mortgage-Backed Securities Update: To Sell or Not?
Between December 19 and December 24, the Federal Reserve bought $825 million of agency mortgage-backed securities. Here's what they sold and what they kept.
Read More »Fed to Release Economic Update
The Beige Book, published eight times per year, summarizes key economic conditions by each of the Fed districts. Here's what else is happening in The Week Ahead.
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