Now, the budget is moving on to the presidential office where President Obama is expected to sign it, based on prior indications of support. The signature of the president will ensure another government shutdown is averted.
Despite the ability of the U.S. to service its debts, recent events have changed the opinion of ratings firm DBRS. The company is now questioning the willingness of the country to meet its debt payments in a timely manner.
With the first major debt ceiling deadline right around the corner, central banks are testing their contingency plans to ensure they can keep the financial markets working if lawmakers fail to come to an agreement.
A prolonged economic slowdown in the U.S. would endanger the eurozone recovery — growth is already expected to be below 1%. But there are some bright spots. There is a feeling that a resolution to the shutdown is progressing.
There is one distinct moment in recent memory when everything was going to be just fine. On an early morning, back in April 2013, the smallest of miracles happened on the economic front. This singular event would lead to calls that the developed world’s ability to do business, with all of its multitudinous complexities, was on the road to a recovery, maybe this time, finally, forever..
With this year's 15 for 15, we're profiling 15 companies who are well positioned to take on the challenges of 2015. The companies occupy different roles within the housing finance space — from lenders to servicers to technology providers — but they all share a vision for an outsized impact in the year ahead. Read More
Regulation and compliance — these words have been at the forefront of the mortgage industry in the past year or so. As we prepare to enter 2015, focusing on compliance and new and constantly changing regulations will remain the industry’s focus. Read More