Author name: Ricky Vasquez

Key insight: The fight over Federal Reserve independence has made confirming Warsh politically impossible, with one Republican senator blocking Kevin Warsh’s approval by the Senate Banking Committee.  Forward look: Should the Senate not confirm a Fed chairman, it’s unclear who will helm the central bank when outgoing Fed Chair Jerome Powell’s term expires in mid-May.  […]

The first-ever DREAM transaction has closed with owners of a Chicago home receiving a check for over $41,000 to help pay down a portion of the principal on their existing mortgage. Processing Content The funds reduce the amount of principal the borrowers pay, but the note holder still receives the full sum. In turn, this

Equifax Inc. said the Iran war prompted more caution about the outlook for the rest of the year, even after a surge in mortgage applications drove first-quarter revenue growth to the fastest in more than four years. Processing Content The credit reporting company maintained its full-year local currency revenue growth forecast, pointing to a slowdown