The minutes from the January meeting of the Federal Open Market Committee were released on Wednesday, showing Federal Reserve officials forecasting increased economic growth and inflation. Both factors led the Fed officials to stand firm on their plans to gradually ...
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Fed Reform, Mortgage Access Bills Under Threat of Veto from the White House
Now the White House is threatening to veto that bill as well as another piece of legislation that would allow loans in portfolio to qualify for an exemption under the Consumer Financial Protection Bureau (CFPB)'s qualified mortgage (QM) rule. Both bills passed in the House on Wednesday.
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