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Federal Reserve Board at Federal Open Market Committee March 2025

FOMC minutes reveal disagreement on possible tariff impacts

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Federal Reserve Federal Reserve officials were split about the potential inflationary impact of higher tariff rates during the central bank’s monetary policy meeting last month. Some members of the Federal Open Market Committee voiced concern that elevated import taxes could result in supply chain disruptions that lead to “persistent effects on inflation, reminiscent of such […]

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US treasuries pare losses as investors snap up five-year notes

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US Treasuries trimmed early losses after a $70 billion auction of new five-year securities lured solid investor demand. The yield on 10-year benchmark Treasuries was up about three basis points following Wednesday’s sale, after earlier climbing more than five basis points.  READ MORE: Home-refinancing gauge falls to three-month low as rates near 7% The shift

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MISMO releases new reference model, updates existing one

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The Mortgage Industry Standards Maintenance Organization has made two editions of its reference model, one an update and the other a new version, available for industry use. Its Version 3.6 Reference Model was released in 2023, and in a statement contained in MISMO’s 2022 annual report, then-President Seth Appleton called it “foundational to the way

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