Federal Reserve

Stress-test suit pause lets all sides fight another day

Stress-test suit pause lets all sides fight another day

The Federal Reserve and several industry groups have agreed to put their lawsuit over stress testing on pause, an outcome that gives all sides a reprieve without sacrificing their legal optionality. Late last week, the Fed joined the Bank Policy Institute, the American Bankers Association, the U.S. Chamber of Commerce and a pair of Ohio […]

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FHFA Director Pulte calls on Powell to lower interest rates

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

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Fed paper flags ‘underappreciated’ risks of private credit

Fed paper flags ‘underappreciated’ risks of private credit

Bloomberg News As banks provide the liquidity that fuels private credit lending — even without originating the loans themselves — researchers at the Federal Reserve say traditional lenders risk being dragged into a financial crisis if defaults among private credit borrowers spike. In a new paper, Boston Fed researchers José L. Fillat, Mattia Landoni, John

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Fed’s Williams flags tariff risks, signals 2025 slowdown

Fed’s Williams flags tariff risks, signals 2025 slowdown

From left: New York Fed President John Williams and MBA Chair and President of Lennar Mortgage Laura Escobar The strength of U.S. consumers has kept the economy resilient, but recent developments raise the likelihood of a slowdown in 2025, according to a leading Federal Reserve official.  Frequently changing tariff policy and the threat of geopolitical

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Fed exploring Home Loan bank collateral interoperability

Fed exploring Home Loan bank collateral interoperability

Al Drago/Bloomberg Banks could soon be able to position assets as collateral to both the Federal Reserve’s discount window and the Federal Home Loan Bank System.  Fed Vice Chair Philip Jefferson, speaking Monday morning at the Federal Reserve Bank of Atlanta’s annual Financial Markets Conference, said closer collaboration between the two emergency lending programs was

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Buyer rep agreements don’t change commission rates: Fed study

Buyer representation agreements have no impact on real estate agent commissions, according to a report published this week by researchers at the Federal Reserve. The report examined commission rates advertised to buyers’ agents through data from CoreLogic (which recently rebranded as Cotality). This includes the CoreLogic House Price Index and CoreLogic Market Trend reports, which

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Powell: Fed policy review honing in on communication

Powell: Fed policy review honing in on communication

Federal Reserve Board Communication practices have taken center stage in the Federal Reserve’s review of its monetary policy framework.  In a Thursday morning speech, Fed Chair Jerome Powell said communication practices — particularly during times of heightened uncertainty — have been focal points during both internal and external discussions in recent months related to the

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