The MBA president believes phasing out mandated tri-merge credit scores would ‘affect affordability tomorrow’
Rate-and-term refinances rise on lower rates, but purchase locks slip 3% lower over the month
Slowing rent growth and stubbornly high financing costs are not projected to slow a steady post-pandemic recovery
New report flags signs of portfolio churn among investors, noting parallel spike in refinance fraud risk
Confusing ‘maximum employment’ for ‘maximum economic growth’ underscores risks to unraveling inflation gains
Senate Democrats forced the issue in a recent letter, reminding the Fed governor of confirmation testimony
Brett Matsumoto, a veteran BLS economist, has served on the White House Council of Economic Advisers during both Trump terms
With three-quarters of Labor Department staff now furloughed, economists project that unemployment likely held steady in January
Senate gridlock and Jerome Powell’s silence on post-chair plans could keep the interim Fed governor in place for a while
A ‘dismal’ year of non-QM performance underscores rising loan impairment trends, new reporting indicates
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