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Doug Page

Staff Writer

Doug Page was a staff writer at NMP.

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Fed Chairman: We're Reducing Inflation To 2%

The central banks lacks "precision tools" but will slow the economy.

May 18, 2022
Suburban House Prices Increasing Faster Than City Homes

Zillow study shows a reversal in home prices during the COVID-19 pandemic.

May 18, 2022
Home Builder Confidence Drops For 5th Straight Month

Home Builders in the Northeast and South are the most optimistic.

May 17, 2022
Bankrate: Mortgage Rates Drop Slightly

The 30-year fixed mortgage rate dropped 15 basis points.

May 16, 2022
Fed Chief Says Earlier Action Could Have Been Taken On Inflation

Jerome Powell says Fed still focused on price stability

May 13, 2022
Rocket CEO Predicts A Recession

He's seeing consumer spending decline through their TrueBill system

May 12, 2022
Consumer Price Index Drops to 8.3% For April

'Inflation will likely remain very hot for some time'

May 11, 2022
Rocket Reports A Quarterly $1 Billion Profit

CEO suggests they’re ready to make an acquisition

May 10, 2022
loanDepot Suspends Dividends After Heavy 1Q Losses

Originator reports a loss of $91 million on quarterly revenues of $503 million

May 10, 2022
loanDepot Announces $91M First Quarter Loss

Quarterly revenues are down 40% to $503 million from fourth quarter's $705 million.

May 10, 2022