Yellen Joins Brookings Institution

Feb 05, 2018

What is Janet Yellen doing after concluding her historic four-year term as the first woman to chair the Federal Reserve? No, she’s not heading to Disney World—Yellen is joining the Brookings Institution as a Distinguished Fellow in Residence with the Economic Studies program.

According to the Washington, D.C.-based think tank, Yellen will start her new endeavor today and will be affiliated with its Hutchins Center on Fiscal and Monetary Policy. Among her colleagues at the Hutchins Center is Ben Bernanke, her predecessor at the Federal Reserve.

“I’m delighted to be joining the Brookings Institution,” said Yellen in a statement. “I look forward to continuing to study the economy, especially issues related to the labor market, and contributing to public policy debates on a range of economic issues.”

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Phil Hall

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Feb 05, 2018

Courts

UWM Seeks More Than $500M From Two Harbors After Failed Deal

Lender alleges Two Harbors undermined their merger and steered the company toward CrossCountry, turning a costly acquisition failure into a federal court fight

The fight over Two Harbors Investment Corp. did not end when shareholders approved its sale to CrossCountry Mortgage.Now United Wholesale Mortgage wants damages.UWM Holdings Corp. and UWM Acquisitions 1 LLC sued Two Harbors in federal court Monday, seeking more than $500 mil...

Wholesale

UWM Offers LOs 90-Bps Incentive On One Agency Loan

Bullseye 90 can be applied to a conventional or government purchase or refinance loan through Sept. 8

United Wholesale Mortgage is giving each loan originator a one-time, 90-basis-point pricing incentive to use on a qualifying agency loan.The wholesaler’s new Bullseye 90 program applies to new locks from Aug. 5 through Sept. 8 on conventional, FHA, VA, and USDA purchase and ...

Sep

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