Department of Housing and Urban Development whistleblowers spoke of being stopped from doing their jobs enforcing fair housing laws at a hearing led by Sen. Elizabeth Warren, D.-Massachusetts. Processing Content The hearing, called “Fair Housing Under Fire,” was held on Jan. 13. Warren is the ranking member of the Senate Banking, Housing, and Urban Affairs […]
Warren hearing spotlights HUD fair housing whistleblowers Read More »
Mortgage rates moved modestly lower for the average lender today, but higher for others. The distinction is whether the lender in question made a late-day adjustment yesterday afternoon. At the time, the underlying market for mortgage bonds was improving somewhat sharply. This prompted several lenders to drop rates before the end of business. Those lenders
Mortgage Rates Higher For Some Lenders and Lower For Others Read More »
Andrew Harrer/Bloomberg Processing Content Key Insight: A panel of former Federal Reserve officials discussed the implications of a probe into Fed Chair Jerome Powell, saying the market’s muted reaction reflected political pushback against a potential indictment. Expert Quote: “Markets think these institutions will be strong enough to withstand these types of shocks.” — Randall Kroszner,
Former Fed officials: Markets still trust Fed independence Read More »