Tagged: Federal Reserve Board (FRB)

Powell pushes back on DOJ subpoenas, warns of political pressure on Fed independence in the face of threatening a criminal indictment

In a recent court filing, OMB Director Russell Vought contends that the Bureau is legally barred from drawing funds from the Federal Reserve, the mechanism through which it has traditionally been financed

Home sales under contact remained relatively the same as August with an uptick in sales forecast on the horizon, as lower rates, improved affordability, and higher inventory begin to draw more buyers back into the market

Amid a lingering government shutdown and weakening labor market, the Federal Reserve has reduced interest rates by 0.25 percentage points at the conclusion of its October Federal Open Market Committee meeting

What builder sentiment, Fed moves signal for LOs and brokers

What it means for mortgage pros as Powell talks further cut likeliness, Fed neutrality, his future at the central bank, and more

New governor sworn in as central bank preps for its likely first policy move of 2025, with mortgage markets watching closely

With its budget ceiling nearly halved, CFPB weighs workforce cuts just as it proposes narrowing supervision of nonbank lenders

Applications analysis reveals systemic disparities in lending — here’s how the industry should respond

Doing the math on when refinancing truly makes sense — and LOs and brokers can help