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Mortgage companies could intensify the next recession, US officials warn
CNN Business via Yahoo Finance· 1 day agoUS officials worry the next recession could be intensified by a cascading series of failures in the ...
SEC.gov | Remarks before the Financial Stability Oversight Council: Report on Nonbank Mortgage...
U.S. Securities and Exchange Commission· 5 days agoAs we witnessed in the Great Financial Crisis of 2008, key failures in both the banking and non-bank sectors caused a collapse that started in the mortgage
Fed's Powell downplays potential for a rate hike despite higher price pressures
Roanoke Times· 7 hours agoWASHINGTON — Federal Reserve Chair Jerome Powell said Tuesday that the central bank is unlikely to...
Mortgage prisoners: regulatory changes and low credit scores have left thousands trapped in a cycle...
The Conversation· 1 day agoThere are 8.5 million households in the UK who own a home with a residential mortgage, often with fixed interest rates from two to five years. Usually, when that ...
Biden repeats lie that inflation ‘was at 9% when I came in’ as president
New York Post· 8 hours agoThe Federal Reserve, which raised interest rates in response to the inflation crisis, was expected...
Biden's plans for addressing housing affordability will make it worse, Pence group warns
FOX Business· 2 days agoThe memo pointed to the Biden administration's proposal out of Freddie Mac that would guarantee...
Why have interest rates stayed the same and when will they fall?
Press Association News via AOL· 6 days agoThe rate previously rose 14 straight times from late 2021, taking it from 0.1% to its highest level...
Americans say it’s the worst time ever to buy a home
CNN Business via AOL· 6 days agoThat’s just below the record of 78% set a year ago. The findings reflect lingering frustration with the affordability crisis in housing. Young Americans...
Can anything stop Britain’s bonkers housing market?
The Telegraph via Yahoo Finance· 5 days agoThey are less willing to repossess, and there have been escape routes for mortgage owners in difficulty.” It would take a collapse in employment to...
How Cornwall’s crackdown on second homes backfired
The Telegraph via Yahoo Finance· 17 hours agoJoe Stallard, a holiday let mortgage broker, said unintended consequences of the buy-to-let tax changes has led to increased rents due to a lack of...