Items Tagged with 'The Federal Reserve'

ARTICLES

  • From HW Magazine

    HOT or NOT August: What's trending in housing right now

    Cybersecurity, stress tests, Mick Mulvaney and more make the list
    Companies should keep an eye on these three cybersecurity trends, plus more homeowners are cashing in on equity and the Fed is considering eliminating the pass/fail score on bank stress tests. Read more inside!
    Read More
  • U.S. inflation hits 6-year high

    Annual growth hits Fed’s 2% target
    After coming up short for more than half a decade, inflation in the U.S. is back on track. Indicators show inflation rose 2% in May, meeting the Federal Reserve's ideal target for strong, sustainable growth.
    Read More
  • Here's everything the GOP candidates said about housing in the fourth debate

    One common theme: Too much regulation
    This is just one interesting quote from the debate. Fiorina: "And now what do we have with Dodd-Frank? The classic of crony capitalism. The big have gotten bigger, 1,590 community banks have gone out of business, and on top of all that, we've created something called the Consumer Financial Production Bureau, a vast bureaucracy with no congressional oversight that's digging through hundreds of millions of your credit records to detect fraud."
    Read More
  • OCC: 87% of settlement funds distributed to borrowers

    Waters has called OCC's crediting system "nonsensical"
    According to the OCC, Qualified Settlement Fund 1 had disbursed 3,948,415 checks to distressed borrowers, totaling $3,385,814,432, as of January 24, 2014. Of those checks, 3,280,458 (83%), totaling $2,903,932,623 (86%), have been cashed or deposited as of April 8, 2014.
    Read More
  • Mortgage servicing foreclosure review faults subpar regulation

    Cash payouts and foreclosure prevention fund based on "incomplete information"
    When it came to the $6 billion set aside for foreclosure prevention actions, the GAO found that the Fed and OCC did not define specific objectives for what was to be done with the money. Instead, the regulators negotiated with the servicers and identified broad objectives, including “that actions be meaningful and that borrowers be kept in their homes.”
    Read More