The Russian ransomware group LockBit claimed it hacked the Federal Reserve and will release the central bank’s confidential data, although independent confirmation of the alleged attack has not surfaced. According to combined media reports, the group made the claim on...
U.S. Sens. Katie Britt (R-AL) and Bill Hagerty (R-TN) have reintroduced legislation that would make the Consumer Financial Protection Bureau (CFPB) part of the congressional appropriation process. The proposed Consumer Financial Protection Bureau Accountability Act...
An update to the VA home loan program, the CFPB trying to help mortgage originators and Jack in the Box marching into Georgia. From the wild and wooly world of real estate, here are our Hits and Misses for the week of June 10-14. Hit: Score One for the VA. This week,...
The outgoing president of the Cleveland Federal Reserve welcomed this week’s data pointing to lower inflation readings but warned that the central bank has to “see that continue a bit longer” before it can consider cutting interest rates. In an interview...
The Federal Reserve has opted to neither lower nor raise the federal funds rate, which remains in the 5.25% to 5.5% range. In making its decision, the central bank’s policy making Federal Open Market Committee cited its longstanding goals of achieving maximum...
FBI Investigating Lurin Capital Amid Multifamily Collapse
