After three consecutive rate cuts, the Federal Reserve hit the pause button to keep the federal funds rate at 3.5% to 3.75%. The central bank’s Federal Open Market Committee had two dissenters on the rate decision, with Fed Govs. Stephen I. Miran and Christopher J....
The Supreme Court considers the Federal Reserve, a once-grand mall faces oblivion, and New York City’s mayor has a plumbing update. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Jan. 19-23. Miss: The Justices Are Not...
President Trump and Federal Housing Finance Agency Director Bill Pulte have renewed their attacks on Federal Reserve Chairman Jerome Powell. In a posting on Truth Social, Trump wrote, “Mortgage Rates just hit a Three Year Low despite Jerome ‘Too Late’ Powell, and his...
The justices on the US Supreme Court were highly skeptical to the Trump administration’s arguments that the president has the authority to fire Federal Reserve Gov. Lisa Cook over unsubstantiated allegations of mortgage fraud that occurred before she joined the...
Sen. Elizabeth Warren (D-MA), the ranking member of the Senate Banking Committee, is demanding access to the records related to the Department of Justice’s (DOJ) investigation into Federal Reserve Chairman Jerome Powell over claims that he may have committed perjury...
Equifax Says Nearly 2,000 Mortgage Firms Used Its VantageScore Offer
