NYC Apartments Experiencing the ‘Fastest Market Adjustment Ever'

Posted November 28, 2016 / No comments

The overpriced Manhattan real-estate scene has left some homes lingering on the market for more than four years, prompting huge price cuts. The post NYC Apartments Experiencing the ‘Fastest Market Adjustment Ever’ appeared first on Real Estate News and Advice – realtor.com ….(read more) Forward this article via email:  Send a copy of this story to

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CFPB's proposed disclosure rule represents unconstitutional prior restraint on speech

Posted November 28, 2016 / No comments

Barbara S. Mishkin The CFPB’s proposed amendments to its rule on the disclosure of records and information is the subject of a blog post written by Ballard Spahr attorneys Burt M. Rublin and Daniel L. Delnero for the Washington Legal Foundation. Entitled “CFPB Proposal Unconstitutionally Imposes Prior Restraint on Regulated Entities’ Speech,” the blog post

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Dallas Fed: Regional Manufacturing Activity "Continues to Expand" in November

Posted November 28, 2016 / No comments

Note: All regional Fed surveys indicated expansion in November. This is the first time all regional surveys were positive in two years (the decline in oil prices hit some regions hard – like Dallas). From the Dallas Fed: Texas Manufacturing Activity Continues to Expand Texas factory activity increased again in November, according to business executives

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EXCLUSIVE: Ben Carson will accept HUD secretary role

Posted November 28, 2016 / No comments

The speculation is finally over. Former GOP presidential candidate and retired neurosurgeon Ben Carson will soon make his final announcement accepting the role of HUD secretary, sources close to the situation confirm. The build up from the week brought much speculation as rumors swirled and Carson hinted at an upcoming announcement. Click the headline to

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Black Knight: House Price Index up 0.1% in September, Up 5.4% year-over-year

Posted November 28, 2016 / No comments

Note: I follow several house price indexes (Case-Shiller, CoreLogic, Black Knight, Zillow, FHFA, FNC and more). Note: Black Knight uses the current month closings only (not a three month average like Case-Shiller or a weighted average like CoreLogic), excludes short sales and REOs, and is not seasonally adjusted . From Black Knight: Black Knight Home

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Monday Morning Cup of Coffee: Trump's potential power play at the Fed

Posted November 28, 2016 / No comments

Cabinet positions aren’t the only areas of uncertainty under a Trump administration. With the next FOMC meeting set for Dec. 13-14, Fed watchers are speculating on what he plans to do with the Fed once in office. In an article on Sunday, The Hill outlined several Republican priorities that might now see daylight, including subjecting the

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Sri-Kumar Sees Long-End Yield Increase 'Overdone' – Bloomberg Video

Posted November 25, 2016 / No comments

Bloomberg Komal Sri-Kumar Sees Long-End Yield Increase 'Overdone' Bloomberg Komal Sri-Kumar, president at Sri-Kumar Global Strategies, discusses the term premium in U.S. Treasuries and looks at how the Federal Reserve's rate path can impact the yield curve. He speaks on "Bloomberg Daybreak: Americas." (Source: Bloomberg) ……(read more) Forward this article via email:  Send a copy of this

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No Credit History? No Problem. Lenders Are Looking at Your Phone Data

Posted November 25, 2016 / No comments

Bloomberg No Credit History? No Problem. Lenders Are Looking at Your Phone Data Bloomberg Phone carriers and banks have gained confidence in using mobile data for lending after seeing startups show preliminary success with the method in the past few years. Photographer: Chris Ratcliffe/Bloomberg. Financial institutions, overcoming some … and more »…(read more) Forward this article

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