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Fed proposal would publish full stress test models

Fed proposal would publish full stress test models

Federal Reserve, Minimum capital requirements, Regulation and compliance, Stress tests /

Andrew Harrer/Bloomberg Key Insight: The Federal Reserve’s proposal would release the central bank’s back-end stress testing models, and is out for public comment through Jan. 22, 2026. Expert Quote: “The Board’s stress testing program has operated with limited transparency, unreasonable year-over-year volatility, and the absence of any meaningful appeals process.” — Fed Vice Chair for […]

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Former economic leaders Cohn and Summers warn on U.S. fiscal path

Debt, Federal Reserve, Government Lending, GSEs, Housing Market, HWmember, Mortgage, Mortgage Bankers Association, Politics, White House /

Top former U.S. economic leaders, Gary Cohn and Lawrence Summers, raised red flags about the nation’s fiscal trajectory, the challenges of balancing monetary policy and the global context of U.S. debt. However, they Summers says economy is “remarkably resilient.” Speaking at the 2025 Mortgage Bankers Association‘s Annual Convention and Expo, Cohn and Summers also credited

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How can mortgage rates get to 5.75% by the end of the year?

2025 Housing Market Forecasts, Federal Reserve, Housing Market, HWmember, Mortgage Rates /

The 10-year yield closed below 4% for the first time this year on Thursday, sending mortgage rates closer to year-to-date lows after a credit market scare. But this begs the question: have mortgage rates already priced in a lot of the economic news? Bond traders on Friday were less fearful of the Zions Bank $50

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Trump to receive Fed chair candidates in December

Federal Reserve, HWmember, Interest rates, Jerome Powell, LendingLife, Mortgage, Regulatory, Scott Bessent, Trump administration /

Treasury Secretary Scott Bessent told CNBC on Wednesday that he’ll soon be giving President Donald Trump several candidates to serve as the next chair of the Federal Reserve. “Likely sometime after Thanksgiving, in December, we’ll present the president with three or four candidates for him to interview,” Bessent told CNBC’s Sara Eisen. Bessent disclosed that he’s trimmed the

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Bessent says he’ll give Trump Fed Chair options in December

Federal Reserve, Politics and policy /

Treasury Secretary Scott Bessent said he would present President Donald Trump with a list of candidates to serve as the next chair of the Federal Reserve in December. “Likely sometime after Thanksgiving, in December, we’ll present the president with three or four candidates for him to interview,” Bessent told CNBC on Wednesday.  Bessent said he’s

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Miran: China trade war further bolsters rate cuts

Miran: China trade war further bolsters rate cuts

Federal Reserve, Housing markets, Interest rates, Trump administration /

Bloomberg News Key insight: Fed Governor Stephan Miran, one of the chief architects of President Donald Trump’s trade policies, said China’s move last week to limit rare earth exports, changed his “sanguine” outlook on economic growth. Expert quote: “It’s about where the balance of risks has moved and risks exist now that didn’t exist a

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Powell acknowledges Fed could have ended Covid-era QE sooner

Powell acknowledges Fed could have ended Covid-era QE sooner

Federal Reserve, Housing, Politics and policy /

Bloomberg News Key Insight: Federal Reserve Chair Jerome Powell reflected on the Fed’s aggressive asset purchases during the pandemic, noting that it may have been an overreaction. Expert quote: “With the clarity of hindsight, we could have — and perhaps should have — stopped asset purchases sooner,” said Fed Chair Powell. What’s at stake: The

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Did housing inventory peak in August this year?

Federal Reserve, Housing Inventory, Housing Market, Housing Market Tracker, Inflation, Mortgage Rates, Purchase Applications /

Housing inventory at one point this year showed 33% year-over-year growth, but that growth has since slowed to 17%, and we might already have seen the seasonal peak in inventory for the year in the first week of August. I didn’t believe we were witnessing the peak in August and I have been looking for

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Fair Finance Watch opposes Fifth Third-Comerica merger

Black Homeownership, Federal Reserve, Fifth Third Bancorp, Home Mortgage Disclosure Act, HWmember, Mortgage, Regulatory /

Fair Finance Watch, a self-described watchdog for the financial services industry, has filed early opposition to Fifth Third Bank‘s proposed acquisition of Comerica, urging the Federal Reserve to hold public hearings and scrutinize the Cincinnati-based lender’s mortgage lending record before approving the deal. In a letter sent Oct. 8 to Fed Chair Jerome Powell and

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Silver lining? Some fraud victims see credit scores rise: Fed

Credit reporting, Credit risk underwriting, Federal Reserve, Fraud, Identity theft, Technology /

Key insight: Identity theft victims who file extended fraud alerts often experience significant and persistent improvements in their credit profiles, becoming more creditworthy. What’s at stake: U.S. banks and credit unions that understand the behavior of identity theft victims can land better credit lines. Supporting data: Extended alert filers saw their credit scores increase by

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