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U.S. regulators call for new fund to prevent mortgage servicers from going under
Morningstar· 6 days agoU.S. regulators are calling on Congress to introduce a new industry-financed fund to support mortgage-loan servicers as they weather a drought in demand due to high
Chancellor promises further tax cuts if Tories win general election
Evening Standard via Yahoo News· 5 hours ago“The tax burden is at a 70-year high and the average household is forecast to be £870 worse off...
Yellen urges action to curb US mortgage market risks
AFP via Yahoo Finance· 6 days agoUS Treasury Secretary Janet Yellen flagged risks posed in the mortgage market Friday, as regulators released recommendations to address the sector's...
Opinion | Janet Yellen’s New Too-Big-To-Fail Firms
The Wall Street Journal· 3 days agoTreasury says non-bank mortgage servicers are systemically important.
‘Banks continue to become increasingly less relevant’: the professor who sees a $2 trillion hole in...
Fortune via Yahoo Finance· 8 hours agoSmall-to-mid-size banks will be the first forced out of business, he says. “There are quite a few...
Stimulus, Market Bailout Today Costs Dearly Tomorrow
Investing.com· 1 day agoSince the pandemic-related bazooka of fiscal stimulus, the outstanding Federal debt has risen appreciably. The red bars show the percentage increase in...
Biden takes another victory lap on inflation that Americans won’t buy
New York Post· 1 day agoBiden’s “remedy” for inflation is new bribes for voters. The average monthly mortgage payment on a median priced home has doubled since Biden took office. More renters than ...
Biden's banking rules will fuel inflation, lawmakers say
Morningstar· 1 day agoThe banking industry has pulled out all the stops in its fight against new regulations that it argues will raise consumer prices for utilities, groceries and housing - and its campaign is convincing ...
Mulvaney: Congress must break its bipartisan addiction to spending
The Hill· 2 days agoLast week, the Social Security and Medicare Trustees released their annual reports showing how both...
amNewYork Metro at 20: Check out some of our most memorable front pages through two decades |...
amNewYork· 2 days agoOver two decades, amNewYork Metro has brought you compelling stories on some of the biggest events...