Ex-NFL star sentenced to five years in prison for mortgage fraud

Ex-NFL star sentenced to five years in prison for mortgage fraud

Irving Fryar and his mother convicted of conspiring to steal $1.2M

Experian hacked: 15 million people’s credit data stolen in breach

Credit reporting agency becomes latest victim of data breach

Here's what today's job creation implosion means for housing and mortgage finance

Jobs crater, labor participation rate near 40-year low and zero wage growth

Items Tagged with 'Janet Yellen'


Yellen reiterates rates likely to increase this year

Will the Fed finally begin normalizing monetary policy?
Federal Reserve Chair Janet Yellen reaffirmed in a speech to The City Club of Cleveland that she still expects it will be appropriate later this year to take the first step to raise the federal funds rate. However, in this speech, Yellen includes two things that could restrain economic growth.
Read More

Yellen: A rate increase in 2015 is possible

And most of the committee agrees
A federal funds rate increase this year is possible given current economic data, Fed Chair Janet Yellen said in a press conference on Wednesday after the Federal Open Market Committee June meeting announcement. And what's more, most participants agree with her.
Read More

Yellen: If nothing changes, expect higher interest rates this year

Contingent on “continued improvement” in labor market conditions
As predicted by many economists, the Federal Reserve is indeed considering raising the Federal Funds Rate later this year, Fed Chair Janet Yellen said Friday. And if the economy improves as expected, she believes it will be “appropriate” for the Fed to raise the Federal Funds Rate this year, which in turn, would affect mortgage interest rates.
Read More

The Economist snubs Janet Yellen

Fed Chair left off publication's most influential economist list
A quick perusal of The Economist's list of the most influential economists shows that one very pivotal name is nowhere to be found. But somehow Jonathan Gruber made the list.
Read More

FOMC: Tapering is officially over

Economy expands at moderate pace
It’s over. The Federal Open Market Committee officially decided to conclude its two-year-old asset purchase program this month due to the substantial improvement in the outlook for the labor market and strength in the broader economy. The Zero Interest Rate Policy, on the other hand, remains in full effect.
Read More