TRID is a real obstacle to mortgage process

Fed adopts new rule limiting 'too big to fail' bailouts

New emergency lending policy targets 'broad-based' issues, not specific firms

FHFA announces 2016 conforming loan limits

Much of U.S. left unchanged; limits increase in 39 ‘high-cost’ counties

Items Tagged with 'FOMC'


New York Fed chief declares housing economy solid

But won’t talk interest rates
Dudley sits on the Federal Open Market Committee, which regularly meets to discuss moving away from ZIRP and the economic conditions necessary to do so without major upheavals in the financial markets. His vote, therefore, either 'yea' or 'nay' carries much weight.
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Fed’s Yellen to Congress: December ‘live possibility’ for interest rate hike

Cautions that no decision has been made
When the Federal Reserve announced last week that it would not be increasing the federal funds rate in November, speculation ran rampant on whether a rate hike would be coming after the next meeting of the Federal Open Market Committee in December. Speaking Wednesday before the House Financial Services Committee, Fed Chair Janet Yellen formalized that possibility.
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Fed again delays interest rate hike

FOMC: The economy is just not ready yet
The Federal Reserve said Wednesday that it is not going to raise the federal funds rate this month, citing the fact that the country’s economy still has not met the targets laid out by the Federal Open Markets Committee. But, the FOMC said that it is open to a rate hike at the next meeting, which is coming in December.
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It's official: Fed punts on interest rate hike

What’s next and what it means for housing and mortgage finance
The Federal Reserve said today it is not raising the federal funds interest rate. This means the next chance the Fed will have to raise rates will be in late October. Here's what this, and what a future hike, means for housing and mortgage finance.
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