Former Federal Housing Administration Commissioner Frank Cassidy identifies a multifamily premium cut as being among his accomplishments while in the post he recently departed, which raises the question as to whether he thinks a new, similar move is in order for single-family. Processing Content “What I’ll say is the FHA insurance fund is the strongest […]
Ex-FHA commissioner: Fund strong enough for rate cut Read More »
With indicators showing the U.S. economy is heating up based on employment and inflation reports, mortgage rates moved 4 basis points higher this week. Processing Content Zillow’s data showed mortgage rates resuming their climb as well. “Together, the data reinforce a ‘higher-for-longer’ view: markets have largely abandoned hopes for rate cuts this year, Treasury yields
Mortgage rates resume rise on jobs, inflation data Read More »
Key insight: Democrats say Trump has abandoned the long-standing practice of nominating minority-party regulators. Supporting data: Vacancies remain at the Federal Deposit Insurance Corp., Securities and Exchange Commission, National Credit Union Administration and the Export-Import Bank, and no Democrats currently serve in leadership roles at Senate Banking Committee-overseen agencies. Forward look: Lawmakers requested a response
Senate Dems press White House to fill vacancies on FDIC, NCUA Read More »