Mortgage fraud allegations against Fed governor: Political war of words ramps up
Aug 20, 2025“There’s no funny business here,” he said on CNBC. “This is straightforward stuff, and if you commit mortgage fraud, especially...
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Most Recent Federal Reserve News
Mortgage
Supreme Court signals support for Fed autonomy amid broader executive power shift
May 24, 2025Still, the majority’s carveout could represent a pivotal moment for central bank independence. For nearly a century, Congress has relied...
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Mortgage
Fed’s Williams: growth to slow, not stall in 2025
May 19, 2025From left: New York Fed President John Williams and MBA Chair and President of Lennar Mortgage Laura Escobar The strength...
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Mortgage
US jobs report reveals impact of market volatility
May 4, 2025“Downside risks to payrolls remain, largely due to government layoffs and firms delaying hiring,” Williamson said. “Some firms are reportedly...
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Mortgage
Barr welcomes regulatory rethink but Fed needs to supervise
Mar 28, 2025Federal Reserve Gov. Michael Barr.Al Drago/Bloomberg The Federal Reserve’s former top regulator welcomes the Trump administration’s efforts to reform bank...
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Mortgage
Don’t bank on a sudden interest rate cut – Powell
Mar 9, 2025Labor market remains resilient but signals mixed The latest labor report showed the U.S. economy added 151,000 jobs in February,...
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Mortgage
El-Erian sees Fed holding rates for longer than markets expect
Feb 12, 2025The Federal Reserve is set to refrain from cutting interest rates for “quite a while,” following a hotter-than-expected inflation report,...
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Mortgage
Fed in no rush to cut rates, says Powell
Nov 15, 2024In his speech in Dallas, Powell said it wouldn’t be a surprise to see slow progress on the inflation front...
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Mortgage
US Basel impasse casts doubt on international capital accord
Oct 9, 2024European Union flags near the EU Commission in Brussels, Belgium. Ksenia Kuleshova/Bloomberg As U.S. regulators grapple over a joint capital...
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Mortgage
Fed’s favorite inflation gauge drops more than expected, paving way for further cuts
Sep 28, 2024The Fed implemented its first rate cut since the pandemic last week, lowering rates by half a percentage point and...
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