The U.S. Department of Treasury's borrowing estimate for the first quarter of 2015 is about 25 percent lower than its original prediction issued two months ago, according to an announcement from Treasury released Monday.
Read More »Alabama Senator Shelby Elected Chairman of Senate Banking Committee
In a widely anticipated move, U.S. Senator Richard Shelby (R-Alabama) was named Chairman of the U.S. Senate Committee on Banking, Housing, and Urban Affairs for the 114th Congress, according to an announcement from Shelby's website Thursday.
Read More »Fed Reports Continued Growth In Final Beige Book of 2014
Federal Reserve officials released on Wednesday their final summary of economic conditions in 2014, ending the year on an upbeat note with reports of continued growth.
Read More »Senate Confirms Nominee for HUD Deputy Secretary
In her time at Treasury, Coloretti advised the secretary on the development and execution of the department's budget, strategic plans, and the internal management of the agency and its bureaus.
Read More »Fannie Mae Hires EVP, General Counsel
Former OneWest Bank vice chairman Brian P. Brooks is joining Fannie Mae as EVP, general counsel, and corporate secretary, according to an announcement from the company.
Read More »FHFA Appoints New Chief of Staff
The Federal Housing Finance Agency (FHFA) has announced the appointment of Janell Byrd-Chichester as the organization's new chief of staff.
Read More »FHFA Extends Comment Period for Proposed FHLB Rule Until January 12
The Federal Housing Finance Agency (FHFA) announced on Monday a 60-day extension for the commenting period for proposed rule to revise membership requirements for Federal Home Loan Banks back in September.
Read More »Fannie Mae Announces Key Personnel Changes
Government-sponsored enterprise Fannie Mae recently confirmed two high-level personnel changes within the organization.
Read More »HUD, Treasury, Ad Council Target Struggling Homeowners with PSAs
The U.S. Department of Housing and Urban Development (HUD), the U.S. Department of Treasury, and the Ad Council have teamed up for a series of public service announcements (PSAs) in an effort to reach struggling homeowners and prevent foreclosures, HUD announced on Wednesday.
Read More »Home Prices Continue to Gain, But at Miniscule Rate
For the 12 months ending in July, FHFA reported house prices were up 4.4 percent. As of the latest index, the national HPI is now 6.4 percent below its peak in April 2007 and is roughly in line with its July 2005 level.
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