In a narrow 48-47 vote, the U.S. Senate confirmed economist Stephen Miran to the Federal Reserve Board of Governors on Monday evening ahead of a highly anticipated FOMC meeting. Miran, chairman of the White House Council of Economic Advisers, was approved by the Senate Banking Committee last week with all Republicans voting in favor and […]
Stephen Miran confirmed as Fed governor ahead of FOMC meeting Read More »
A federal appeals court on Monday evening denied a last-minute attempt by President Trump to block Federal Reserve Governor Lisa Cook from participating in the Federal Open Market Committee (FOMC) meeting this week. The U.S. Court of Appeals for the District of Columbia Circuit‘s decision upheld federal Judge Jia Cobb’s order last week that blocked
Court rules against Trump, allowing Fed Governor Lisa Cook to vote on rate cuts Read More »
While it is increasingly likely the Fannie Mae and Freddie Mac conservatorships are nearing some sort of end, the question is whether their conforming product boxes will be expanded as a result. The demand for products that address unique borrower needs isn’t going away anytime soon. In recent weeks, lenders have introduced a wide range
From crypto to DPA: 8 newest mortgage products, programs Read More »