Hurdles remain for disparate impact claims in housing despite SCOTUS ruling Arizona supreme court rules mere Smell of. marijuana laws have had an unacceptable disparate impact, with arrest rates for marijuana possession among African-Americans far outstripping arrests.
"The Federal Open Market Committee (FOMC) authorizes the Federal Reserve Bank of New York to conduct a series of overnight reverse repurchase operations involving U.S. government securities for the purpose of further assessing the appropriate structure of such operations in supporting the implementation of monetary policy during normalization.
Mortgage applications tumbled 27% from two weeks earlier, according to the Mortgage Bankers Association’s weekly mortgage applications Survey for the week ending Jan. 1, 2016. These results.
The FOMC minutes from the July meeting showed that some member are still worried about inflation being too low, while some are worried about overshooting the inflation target. "Many participants, however, saw some likelihood that inflation might remain below 2 percent for longer than they currently expected, and several indicated that the risks to the inflation outlook could be tilted to the.
Genworth Mortgage reduces rates for high-credit borrowers The Federal Housing Administration will lower mortgage insurance premiums for borrowers who refinance their loans as part of President Barack Obama’s plan to improve the housing market. The FHA will.
We heard lots of fedspeak this week heading into the 10 day blackout period in front of the July 30/31 FOMC meeting. The press reported that New York fed president john williams made very dovish comments yesterday, consistent with an aggressive move coming up by the Fed.
The FOMC meeting will dominate real estate headlines this week (Part 1 of 6) This week will be all about the FOMC meeting. The upcoming week has some important economic data, like housing starts.
At the beginning of the day it appeared the bond market and mortgage rates would be stable for the day; then came the ISM report which sparked a huge bond market rally (due to the report being much weaker than expected). There was a lot of optimism heading into the Fed decision that if the market could hold or improve mortgage rates would follow.
Increasingly stark dialogue sent financial markets into. applications has followed. Through May 10, the purchase application index is 4.0% above the level averaged last year during that same period.
A Game of Credit Cost Smoke and Mirrors at Wells Fargo? By midday, the bank announced via Twitter that the issues were due to a power shutdown in response to smoke detected during facility. caused by these system issues, and any wells fargo fees.
The Federal Open Market Committee (FOMC), or simply "the Fed", adjourns its 2-day meeting on Wednesday at 2:00 PM ET. A rate hike would be a big deal, and would dominate headlines. But a less obvious report could move markets more than the hike or no-hike decision. Four times per year,