Fed's Tarullo warns against 'backsliding' on bank regulations

Posted December 2, 2016 / No comments

WASHINGTON (Reuters) – U.S. banking regulators must defend tough rules governing Wall Street and resist efforts to dilute regulations that might prevent a future financial crisis, Federal Reserve Governor Daniel Tarullo said on Friday….(read more) Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

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El-Erian: Trump's Carrier Move Not a Scalable Policy – Bloomberg Video

Posted December 2, 2016 / No comments

El-Erian: Trump's Carrier Move Not a Scalable Policy Bloomberg Mohamed El-Erian, chief economic adviser at Allianz and Bloomberg View columnist, discusses the potential impact of U.S. President-elect Donald Trump's economic policies on labor. He speaks on "Bloomberg Daybreak: Americas." (El-Erian is a Bloomberg … and more »…(read more) Forward this article via email:  Send a copy of this

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Mortgagee Letter 2016-20

Posted December 2, 2016 / No comments

2017 Nationwide Forward Mortgage Limits…(read more) Forward this article via email:  Send a copy of this story to someone you know that may want to read it. Source: Mortgage News Daily

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DoubleLine's Gundlach says Trump rallies seem to be 'losing steam'

Posted December 1, 2016 / No comments

Financial markets could reverse their solid momentum at the latest by U.S. President-elect Donald Trump’s Jan. 20 inauguration, DoubleLine Capital Chief Executive Jeffrey Gundlach said on Thursday. The strong U.S. stock market rally, surge in Treasury yields and strength in the U.S. dollar since Trump’s surprising Nov. 8 presidential victory look to be “losing steam,”

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FHA LOAN LIMITS TO RISE IN 2017

Posted December 1, 2016 / No comments

WASHINGTON – The Federal Housing Administration (FHA) today announced the agency’s new schedule of loan limits, and due to an increase in housing prices, most areas in the country will see a slight increase in loan limits in 2017 These loan limits are effective for case numbers assigned on or after January 1, 2017, and

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Multifamily Construction Spending Continues Strong Growth

Posted December 1, 2016 / No comments

NAHB analysis of Census Construction Spending data shows that total private residential construction spending grew 1.6% in October to a seasonally adjusted annual rate of $472.9 billion. Multifamily construction spending continued its record breaking pace and reached $63.7 billion, up by 2.8% over the revised September estimates. It was 11.4% higher since October 2015. Single-family

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