Key insight: Federal Reserve Chair Kevin Warsh is expected to chart a new course for monetary policy communication following his first Federal Open Market Committee meeting at the helm of the central bank. Expert quote: “Truth-seeking is more important than repetition. If one has a press conference, one wants to deliver some important news.” — […]
Four things to watch in Kevin Warsh’s Fed debut Read More »
The Federal Housing Finance Agency is seeking authority to pursue fraud more aggressively in its latest annual report to Congress. Processing Content The agency, which Director Bill Pulte calls U.S. Federal Housing, requests statutory amendments that would call for the agency to “make appropriate referrals on discovering suspected fraud” and give it more authority to
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In its latest push toward advancing artificial intelligence goals, PennyMac Financial Services will strengthen its partnership with Amazon Web Services, enhancing processes with borrower-facing conversational AI agents and modernization of its servicing platform. Processing Content The investments underscore the company’s strategy for “a comprehensive AI transformation” with the backing of AWS’ engineering resources to focus
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