Cleveland Federal Reserve: Be Careful with Rate Hikes
The President of the Cleveland Federal Reserve, Loretta Mester, offers advice on monetary policy, interest rate hikes, and an outlook on the economy in an official statement. The post Cleveland [...]
NOLA Mismanaging HUD Funds
HUD’s Office of Inspector General (OIG) released the results of its audit of the City of New Orleans’ HOME Investment Partnerships program, which reveals that the city failed to protect [...]
The People vs. Equifax
As the aftermath of Equifax's data breach is in full effect, the credit reporting company is quickly facing investigations. ClassAction.com has already filed a lawsuit on behalf of the estimated [...]
As House Provides Aid for Harvey, All Eyes Are on Irma
After being passed in the House of Representatives Friday morning, President Trump has now signed a $15.3 billion disaster relief package into law that will suspend the U.S. borrowing limit [...]
FSBO Sellers: Is it Worth it?
To determine if for sell by owner listings provide more benefits, Trulia’s Housing Data Analysts reported where these listings are the most common and how they differ from agent-listed properties in [...]
States Examine Hardest Hit Funds
Hardest hit programs in Michigan and Indiana are in a pinch, with one state nearly out of funds and the other under fire for misuse of those dollars. Which state [...]
Seneca Sells Off $51 Billion in MSRs to Wells Fargo
Wells Fargo is acquiring billions in MSRs from Seneca Mortgage, the bank announced today. We've got full details on the deal. The post Seneca Sells Off $51 Billion in MSRs [...]
FEMA: Running Out of Funds?
The damages of Hurricane Harvey’s devastating effects on lives and homes are still being accounted for, and the threat of two more hurricanes quickly approaching has FEMA funds in jeopardy. [...]
Otting, Quarles, Confirmed by Committee Vote
The Senate Committee on Banking, Housing, and Urban Affairs held a vote to push Joseph Otting, nominated to be Comptroller of the Currency, and Randal Quarles, nominated to the Board [...]