Dear Parents, don’t expect your homebuying Millennials to pay you back

Dear Parents, don’t expect your homebuying Millennials to pay you back

laonDepot graph shows they can barely save for retirement

Trending Thursday: Banks make more on mortgages while government steals GSE profits?

Yale legal scholars on #FannieGate

Here's how to handle electronic delivery of mortgage disclosures

So many aren't even ready for TRID
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Items Tagged with 'FOMC'

ARTICLES

Just what is the Fed going to do about interest rates?

BofAML analysts still believe that rate hike is imminent; others call Fed “dithering”
After a week full of market volatility and upheaval, analysts from all sides are questioning what impact, if any, the events of the week are going to have on the Federal Open Markets Committee and the looming threat of rising interest rates. Here's all the consensus, with uniform opinion woefully lacking.
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Trending Thursday: Fed chills on Great Fall of China?

Plus bringing private capital back to Fannie, Freddie and more
How much will the China and global equities plunge inform the Fed’s September meeting on rates? What’s the housing situation in New Orleans a decade after Katrina? And can private capital return to mortgage finance if it’s not sure that capital is safe? Read on.
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Federal Reserve still hesitant to raise rates

Meeting minutes show only 1 FOMC member wanted to raise rates in June
The minutes from the June meeting of the Federal Open Market Committee show that nearly all the committee members and the Federal Reserve are still hesitant to increase the federal funds rate. So when is FOMC going to raise rates?
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Ignore the rising interest rate alarms

When will the Federal Reserve raise interest rates?
The latest report from the Federal Reserve sent the industry into panic mode since it eliminated the word “patient” from its outlook on interest rates. But before the industry starts to worry, Mark Fleming, chief economist at First American, explained how this idea is utterly wrong.
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FOMC: Federal funds rate stays the same

Committee clarifies wording
The pace of economic activity has moderated somewhat, according to the latest information from the Federal Open Market Committee meeting minutes. The meeting noted that labor market conditions continued to improve, with strong job gains and a lower unemployment rate.
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