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  • Supreme Court to consider Miami's predatory lending suit against Bank of America, Wells Fargo

    The U.S. Supreme Court announced Tuesday that it will hear arguments during its next term on whether the city of Miami can sue Bank of America and Wells Fargo for alleged predatory lending. The city sued the megabanks in 2013, accusing the banks of "disproportionately placing vulnerable, underserved minority borrowers in loans they cannot afford." Click the headline to read more.

Items Tagged with 'MBS purchases'

ARTICLES

Experts become confident Treasury will taper first

MBS acquisitions have positive effect on rates
A study presented at the Jackson Hole conference recently provided even more evidence that tapering will begin with Treasury purchase cutbacks, since MBS acquisitions have had a more positive effect on the housing market as well as rates.
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