Fair Lending Regulation Resource Kit,Mortgage Origination Regulation Resource Kit, andMortgage Servicing Regulation Resource Kitare just some of the key resources available to in-house lawyers and counsel advising on the UDAAP.
This move, which brings the federal funds rate to a range of 3.75% to 4%, comes after a stronger-than-expected Consumer Price Index (CPI) report for September. The latest numbers indicates that inflation has yet to peak. Led by rent and owners' equivalent rent, inflation...
As a longtime economics and financial correspondent, I am just stunned reading today’s news. Totally and completely flabbergasted. November began with us watching the global financial system starting to melt down. But it is ending with what appears to be the near-total collapse of the U.S. ...
EconomyMarketsFederal ReserveHousing MarketFedInterest Rates By Charley Blaine Charley Blaine writes about stocks and financial markets, bonds and interest rates, oil and other commodities, and the economy. He has written for MSN Money, Investing.com, MergerMarket, Benzinga, Forbes, and USA Today....
which saw the S&P 500 fall 50% from bubble highs. The stock market doesn't necessarily have to fall that far in the next bear market, but it would if valuations returned to historical levels from the...
(off balance sheet debt) and subprime mortgage exposure that would, from 2008 to 2010, require a taxpayer bailout totaling $45 billion in equity, over $300 billion in asset guarantees, and more than $2.5trillioncumulatively in below-market interest rate loans fr...
Tesla Model S charging at Majura Park. Photo James Coleman. At this rate, Mr Rattenbury expects EVs to match the prices of petrol and diesel cars by around 2025, and that “measures that support the uptake of EVs will only accelerate this transition”. ...
s rise up from the business press today to demand transparency on the hundreds of billions of dollars that the Fed, through the same Federal Reserve Bank of New York that sluiced the bulk of the money to Wall Street in the last crisis...
Today, the Federal Reserve is no longer acting as a willing buyer. Consequently, the primary dealers are unwilling to buy because no other party wants the bonds. As a function, the liquidity of the Treasury market continues to evaporate.Robert Burgesssummed it up nicely: ...
the expansion of MBS purchases exactly offsets the declines from phasing out the short-term lending facilities. As a result of the MBS and agency purchases, the total assets of the Federal Reserve today exceed the total reached at the peak level of activity for the lending facilities in Decemb...