Bloomberg News What’s at Stake: Acting CFPB Director Russell Vought is dismantling the Consumer Financial Protection Bureau. He had refused to respond to any questions about his actions from Democrats. Supporting Data: The Dodd-Frank Act requires that the CFPB director appear twice a year before the Senate Banking Committee. Forward Look: The lawmakers acknowledge that […]
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Mortgage credit availability ended November at its loosest since August 2022, driven by additions of adjustable rate and cash-out refinance products to lenders’ menu, the Mortgage Bankers Association said. The 0.7% month-to-month rise in the Mortgage Credit Availability Index continues a streak which for every month in 2025 except January it was above the 100
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Home Depot Inc. is offering cautious preliminary guidance for next year, a sign that the home-improvement retailer doesn’t anticipate the housing market to rebound in the short term. The company expects comparable sales growth to be in a range of flat to up 2% for the year — below the average of estimates compiled by
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