The dovish message of the Federal Reserve grew a little louder late Tuesday, as current Fed chairman Ben Bernanke said that the government's largesse is likely to continue for some time -- even after unemployment rates fall to below 6.5 percent.
No evidence of asset price misalignments at this time
November 14, 2013
Janet Yellen, vice chair of the Federal Reserve Board of Governors, appeared every bit the monetary policy dove that investors expected during her first big hearing in front of the Senate Banking Committee as Fed Chair nominee.
Yields on Fannie Mae and Freddie Mac mortgage securities fell to their lowest level in over a month after the Federal Reserve shocked the market by deciding not to cut back on its monthly purchases of Treasurys and mortgage backed securities.
Many of these 50 winners are leading their companies from the C-Suite, deciding overall strategy for their organizations and staking out new territory. Others are contributing through innovation, product development, process enhancements and big data analysis.
Until recently, the few dozen tiny communities across the country were run largely by proponents of tiny living who had banded together or as affordable housing for the homeless. But that all started to change in 2014, when creating tiny house communities started gaining momentum among some traditional builders who want to have a stake in the new trend.
The importance of communication with the consumer cannot be overstated. In addition to the required disclosures, the lender should ensure that guidelines include informing consumers that their payment will increase upon full assessment and that an escrow overage may be sent to them if the reassessment does not occur by the time they receive their first escrow analysis.