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  • Trump budget surprise: Gutting the CFPB

    The impact of President Donald Trump’s 2018 federal budget proposal would certainly be felt in the housing industry via the 13% cut to HUD's budget, but that’s hardly the only impactful move that the budget proposal holds. Buried on the second-to-last page of Trump’s budget is a move that is sure to please Trump’s fellow Republicans and many in the housing industry as well – gutting the Consumer Financial Protection Bureau.

Lending The Ticker

Lending activity increases as a reult of loan demand

By almost every observable metric, the American banking system will enter 2013 with its strongest balance sheet position since before the financial crisis. Marginally higher revenues and shrinking loss provisions have pushed industry-wide net income to its best levels in six years.

The improvement is significantly attributable to gains on the sales of assets and a general rise in non-interest income.

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