Federal Reserve Gov. Christopher Waller.Bloomberg News Federal Reserve Gov. Christopher Waller said the central bank is not looking to intervene in the Treasury market despite a recent dampening in demand for U.S. debt. Long-term bond yields are surging for the second time in as many months, with rates on the 10-year notes climbing two basis […]
Waller: Fed not looking to buy bonds amid sell-off Read More »
Fitch Ratings is starting to look more closely at depository lending involving nonbank financial institutions, including mortgage firms, as unfunded commitments to NBFIs take on a larger role in portfolios. Unfunded commitments to mortgage credit intermediaries by a group of banks Fitch studied totaled over $255.44 billion as of March 31, up from $202.28 billion
Bank lending to nondepository mortgage firms rising: Fitch Read More »
More markets are watching falling home prices as the inventory of properties for sale piles up. Home prices grew 1.6% in May from the same time last year, down from April’s 2% annual growth rate according to Intercontinental Exchange. The company’s Home Price Index is the latest report showing continued growth in the nation’s house
Home prices are fading in the West as inventory rises Read More »