A lawsuit filed against the Federal Reserve is putting a new spotlight on how the central bank developed its 2026 bank-capital proposals — and the fight reaches directly into mortgage origination and servicing. Better Markets sued the Federal Reserve and Vice Chair...
A Phil Hall Op-Ed: For too long, the question of increasing affordable homeownership opportunities has been ignored by government leaders. Lately, however, it seems that everyone has an idea on how this elusive goal can be obtained. But all the latest plans being...
The Federal Reserve is enacting a 30% staff reduction in its division focused on banking supervision. The job cuts were detailed in an internal memo viewed by The Wall Street Journal – the Federal Reserve has not made any public statement on its layoffs, which would...
Federal Reserve Vice Chairperson for Supervision Michelle Bowman has become the second leader within the central bank to declare a rate cut could be imminent. Speaking at a banking conference in Prague, Czech Republic, Bowman stated, “If inflation remains near its...
The likelihood of the Federal Reserve cutting rates is now in doubt with a central bank leader hinting a rate hike is likely to control inflation. In prepared remarks published today ahead of a speech before the Spring 2024 Meeting of the Shadow Open Market Committee,...
10-Year Treasury Yield Surges to 5.27%, Intensifying Mortgage-Rate Pressure
