News

Articles in "The Economy"

June 21, 2012 05:12 PM
Fannie Mae expects some GDP growth from housing, finally

Housing may actually add to U.S. GDP growth by the end of 2012, according to Fannie Mae Director of Mortgage Market Analysis Richard Koss.

"I think so, but it will be very small. In the past it was somewhere around 6% of GDP, but now it might bump up to something like 2...

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June 21, 2012 02:54 PM
White House threatens to veto HUD budget cuts

The Obama administration said it would veto a bill that would cut the Department of Housing and Urban Development budget by $3.9 billion from last year.

The bill,...

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June 21, 2012 02:39 PM
White House threatens to veto HUD budget cuts

The Obama administration said it would veto a bill that would cut the Department of Housing and Urban Development budget by $3.9 billion from last year.

The bill,...

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June 20, 2012 12:03 PM
Fed will extend Twist through end of 2012

The Federal Reserve will continue to extend the average maturity of its securities holdings through end of the year, but it elected not to provide further stimulus to the economy.

"Information received since the Federal Open Market Committee met in April...

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June 19, 2012 04:45 PM
Violent crime reduction equals billions in home value gains

A 10% reduction in violent crimes could result in billions of dollars in home price appreciation for several major cities, according to a study from the Center for American Progress.

Kevin Hasset, director of economic policy studies for the American Enterprise Institute,...

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June 19, 2012 04:23 PM
Violent crime reduction equals billions in home value gains

A 10% reduction in violent crimes could result in billions of dollars in home price appreciation for several major cities, according to a study from the Center for American Progress.

Kevin Hasset, director of economic policy studies for the American Enterprise Institute,...

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June 19, 2012 08:33 AM
Fannie sees home price bottom in 2013, global risks ahead

A new report from Fannie Mae's economic research team projects home prices will reach bottom in 2013 while the nation's overall macroeconomic situation hinges on a set of risky outliers.

While consumers started 2012 with a dose of cautious optimism, market...

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June 11, 2012 01:03 PM
Moody's tempers multifamily bubble fears

More than 34% of the national housing stock is being rented and the percentage is climbing, according to Moody's Analytics.

Slow income growth coming out of the recession and a lack of savings for a down payment pushed rental demand higher. Vacancy rates, according to...

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June 11, 2012 12:39 PM
Moody's tempers multifamily bubble fears

More than 34% of the national housing stock is being rented and the percentage is climbing, according to Moody's Analytics.

Slow income growth coming out of the recession and a lack of savings for a down payment pushed rental demand higher. Vacancy rates, according to...

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June 7, 2012 05:37 PM
Fed finalizes Basel market risk capital rules

The Federal Reserve on Thursday finalized a set of rules in a 7-0 vote that requires large banks to hold more capital against their trading books.

The market risk capital rules, effective Jan. 1, 2013, are intended to force big banks to better capture the risk posed by...

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June 7, 2012 05:01 PM
Fed finalizes Basel market risk capital rules

The Federal Reserve on Thursday finalized a set of rules in a 7-0 vote that requires large banks to hold more capital against their trading books.

The market risk capital rules, effective Jan. 1, 2013, are intended to force big banks to better capture the risk posed by...

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June 1, 2012 02:42 PM
Dallas Fed data puts 2008 recession, recovery in dim light

The recent economic downturn is the only market cycle to plummet to new lows since the Great Depression, the Federal Reserve Bank of Dallas said in a report. 

The 2007-2009 recession lasted 18 months. During that time, the nation's economic...

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June 1, 2012 02:19 PM
Dallas Fed data puts 2008 recession, recovery in dim light

The recent economic downturn is the only market cycle to plummet to new lows since the Great Depression, the Federal Reserve Bank of Dallas said in a report. 

The 2007-2009 recession lasted 18 months. During that time, the nation's economic...

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May 29, 2012 09:27 AM
Consumer confidence declines in May

Consumer confidence levels across the nation fell further in May to a four-month low after declining in April as consumers were less positive about current business and labor market conditions.

The Conference Board’s confidence index declined to 64.9 in May from 68.7 in...

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May 29, 2012 09:19 AM
Consumer confidence declines in May

Consumer confidence levels across the nation fell further in May to a four-month low after declining in April as consumers were less positive about current business and labor market conditions.

The Conference Board’s confidence index declined to 64.9 in May from 68.7 in...

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