Fed May Consider Lower Rates if Inflation and Global Risks. – · The Fed’s preferred inflation measure showed that prices climbed 1.6 percent in the year through March, stripping out volatile food and fuel.
Freddie Mac speeds up availability of streamlined loan mods Streamlined Loan Modification Program Frequently Asked Questions: Important Bulletin: December 14, 2016 – In Single-Family Seller/Servicer Guide (guide) bulletin 2016-22 [pdf], Freddie Mac announced the new Freddie Mac Flex Modification, which is designed to offer you an easier, flexible way of helping more borrowers qualify for a loan modification in a changing housing environment.
GLOBAL MARKETS-Trade uncertainty stops world stocks in tracks – That shift came after a breakdown in trade negotiations between the United States and China earlier this year, and has markets betting on an interest rate cut from the U.S. Federal Reserve. in June.
BlackRock, PIMCO set to push for BofA mortgage deal FHFA delays principal reduction ruling FHFA Director Melvin L. Watts, who had indicated last month that the agency was reevaluating the principal reduction issue, said in a press release, "The national housing market has significantly.Bank of America agreed to sell its $87 billion money-market fund business to BlackRock, in a deal that comes as both asset managers and banks grapple with low interest rates and changing regulations.
To guide or not to guide? Fed ‘dots’ complicate message – Meanwhile, the official policy statement that comes at the end of each meeting will likely offer no hint about whether rates will rise, fall, or stay. a shift that large in the near-term outlook.
Mortgage refinances may drop 77% by 2012 After a significant drop the previous week, mortgage applications fell 5.6% during the week ended April 5, as the average rate for a 30-year, fixed-rate mortgage increased to 4.40%, up from 4.36% the previous week, according to the Mortgage Bankers Association’s (MBA) Weekly Applications Survey.
Trump’s new Federal Reserve head approves second rate hike. – · It’s the second time Fed Chairman Jerome Powell has raised rates since he took over the nation’s central bank in February. The increase, announced at the conclusion of the Federal Open Market Committee’s two-day monetary policy meeting, continues the Fed’s cautious approach to steering.
Fed’s goal this week is to make sure ‘all is calm. – · Fed’s goal this week is to make sure ‘all is calm’. (MarketWatch) — The Federal Reserve is going to opt for a strategy of playing its cards close to its chest after its closed-door policy.
The Dow Gained 207 Points Because the Market. – barrons.com – Powell’s speech, following similar comments from other Fed officials earlier in the week, is usually a sign that the Fed wants to prepare investors for a shift in policy, Lawler wrote.
The Dow Gained 207 Points Because the Market Really, Really Wants a Rate Cut – Powell’s speech, following similar comments from other Fed officials earlier in the week, is usually a sign that the Fed.
genpact mortgage services to lay off 65 employees in Richardson, TX Genpact Mortgage Services Inc., a wholly-owned subsidiary of Genpact International Inc., advised the Texas Workforce Commission this past week that it intends to lay off 65 employees – eight of.
Fed's Bullard says the stock-market correction was 'benign. – St. Louis Fed President James Bullard said Monday the recent sharp stock market sell-off was relatively benign given that it was not driven by a sudden negative shift in investor perceptions about.
SPECIAL REPORT-How Japan turned against its ‘bazooka’-wielding central bank chief – And the stock market. of Finance officials and aides to Prime Minister Shinzo Abe. Many spoke on condition they not be named. Kuroda declined to be interviewed. The reckoning for the BOJ has.
Fed plots cautious course on rate hikes – theaustralian.com.au – Rates will stay low for a “considerable time” after the bond-buying program ends, the Fed said, as the economy continues to face “significant under-utilisation of labour resources”.
UBS: Fed interest rate cut ‘risk management’, but it may not happen at all – The Federal Reserve. s Open Market Committee took a dovish tilt in last week’s meeting. Among them is the U.S-China trade.
CFPB: Changes to TRID coming soon to Get Ready for TRID 2.0. The consumer financial protection bureau (cfpb) published amendments to the Know Before You Owe / TILA-RESPA Integrated Disclosure rule, commonly referred to as TRID 2.0.. decide how you will approach the coming changes and stick with it. 5
Markets rally over 1% on hopes dovish Fed will boost FII inflows – The shift followed attacks. the MSCI World and MSCI Emerging Market indices have risen 14.74% and 7.51%, respectively..