December 2025

ICE taps Bob Hart to lead mortgage technology division

Intercontinental Exchange (ICE) on Tuesday named Bob Hart as president of its ICE Mortgage Technology division. Hart will succeed Tim Bowler, who will transition to ICE’s fixed income and data services division, where he will focus on index development and financial institution infrastructure. The leadership changes take effect Jan. 1, 2026. Hart joined ICE Mortgage […]

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Midwest dominates Zillow’s most popular housing markets of 2025

Home shoppers in 2025 gravitated toward more affordable, midsized U.S. cities, with Midwestern markets accounting for most of the country’s most popular places to buy, according to new data released by Zillow. Rockford, Illinois, ranked as the most popular housing market in the country, moving up from second place last year. And the Midwest accounted

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Why the Fed isn’t worried about the jobs data

The unemployment rate reached 4.6% today!  Nevertheless, the Federal Reserve perceives current conditions as stable, allowing for a policy stance slightly above neutral since labor market deterioration has not yet occurred. Since late 2022, I have consistently argued that the Fed shifted its approach to maintaining a more restrictive policy throughout this cycle. I have

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