The Federal Reserve kept its finger on the pause button and opted against a new rate hike. The central bank’s policymaking Federal Open Market Committee unanimously approved this decision. In a statement, the Committee said it would maintain the target range of the...
One of the most prominent thought leaders in the mortgage and real estate sectors has faulted the Biden White House for a “significant leadership void” on the subject of housing. David H. Stevens, the former president and CEO of the Mortgage Bankers Association,...
The federal banking regulators are completing an update to a Carter administration-era legislation designed to erase redlining and secure more lending in lower-income neighborhoods by banks. The Federal Reserve voted six to one today to complete the updating of the...
The eviction of a Chinese-owned agtech company from Arkansas farmland, a Fed officer who acknowledged the central bank’s negative impact on housing and a big ball of fun on the Las Vegas Strip. From the wild and wooly world of real estate, here are the hits and misses...
Philadelphia Federal Reserve President and CEO Daniel Harker addressed the Mortgage Bankers Association’s 2023 Annual Convention & Expo in Philadelphia this morning and admitted there was an absence of jubilation among the attendees regarding the central...