Cyprexx: Discrimination charges “frivolous”

Cyprexx: Discrimination charges “frivolous”

Fannie Mae contractor responds to charges from National Fair Housing Alliance

Hey CNBC, shut up about millennials already

Your advice is patronizing, contradictory and just plain wrong

Morgan Stanley finally pays $275 million for subprime RMBS fraud

SEC charged company with misrepresenting loans

Items Tagged with 'Economy'


More proof housing is headed for a fall

Dismal market can't be blamed on weather
July 24, 2014
With over 7 million Americans working in part-time positions rather than the full-time jobs they would prefer having, and with so many millions more dropping out of the workforce altogether, the case is made… again, that our economic outlook is not rosy as we sloth through the remainder of 2014.
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Fed Board now required to have one community banker

Senate amendment reserves one seat for community banks
July 17, 2014
The amendment states, “In selecting members of the Board, the President shall appoint at least 1 member with demonstrated primary experience working in or supervising community banks having less than $10,000,000,000 in total assets.”
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Round 2: Yellen testifies on monetary policy report again

Same defense, different accusers
July 16, 2014
Federal Reserve Chair Janet Yellen went through round two in speaking about the Fed’s Monetary Policy Report, this time sitting before the House Financial Services Committee.
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Bam! Nomura predicts GDP will double in 2015

But it won’t be because of housing
July 11, 2014
In its “The Economy Next Week” report published Friday, Nomura’s analysts predict that the U.S. gross domestic product will grow 1.5% year-over-year in 2014 and will more than double that growth (3.1%) in 2015.
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Karl Case: The housing market is a “crapshoot”

Struggles to recover from Great Recession
July 7, 2014
The housing market isn’t doing so hot according to one famous housing expert, going far enough to call it a crapshoot.
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Fannie Mae: Housing market recovery on pause

Normal housing levels delayed until 2016
July 7, 2014
The housing recovery is struggling to kick it into high gear, reflecting a more subdued market. But despite the lackluster results, there is still one glimpse of good news in the numbers.
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Fed President: Rate hikes likely delayed till after mid-2015

July 1, 2014
According to one Fed president's predictions, the Federal Reserve will probably need to keep interest rates near zero for at least another year.
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Housing — the economy's needy friend

2 main concerns for housing
June 27, 2014
"The housing market was the reliable buddy who would bail you out of jail or drive you home at the end of a wild night. But now, the housing market is the needy one in this relationship. The housing market needs the economy to pick up before it can recover,” Redfin Chief Economist Nela Richardson.
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Apartment rent hikes finally ease

Increased inventory keeps competition down
June 16, 2014
Good news for renters, the steep increases in apartment rent are finally starting to simmer down as inventory increases.
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Unemployment claims tick up by 4,000 filings

Still looks favorable
June 12, 2014
Jobless claims increased by 4,000 filings to 317,000 initial claims for the week ended June 7. So far, claims have remained steady the past two weeks, but on net, still look favorable.
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