On Monday, FHFA Director Bill Pulte called on Federal Reserve Chairman Jerome Powell to lower interest rates. His exact tweet was: “Jay Powell needs to lower interest rates – enough is enough. President Trump has crushed Biden’s inflation, and there is no reason not to lower rates. The housing market would be in much better […]
FHFA Director Pulte calls on Powell to lower interest rates Read More »
President Trump’s housing regulators have touted their efforts to dismantle federal diversity, equity and inclusion initiatives in pursuit of reducing spending and waste. As a result, the conversation around mortgage lenders’ efforts to serve communities identified by specific racial or cultural backgrounds have been further politicized, leaving these shops in the awkward position of determining
Mortgage firms reframe DEI amid policy shift Read More »
Federal Reserve Gov. Lisa Cook.Bloomberg News Federal Reserve Gov. Lisa Cook said that financial markets fared well in the face of uncertainty sparked by President Trump’s evolving tariff regime, but that more study is needed to understand how risks from nonbanks affect the banking system and vice versa. Speaking at a conference at New York
Fed’s Cook: More study needed on bank-nonbank interreliance Read More »