Mortgage Mix: Interim Freddie CEO Gets Extension; loanDepot Responds to Class-Action Claims
Editor’s Note: The Mortgage Mix is RISMedia’s biweekly highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday ...
Tag: Federal Open Market Committee
Federal Reserve Chair Jerome Powell Says There Is ‘No Risk-Free Path’; Describes Rates as ‘Modestly Restrictive’
Federal Reserve Chair Jerome Powell, in a speech before the Greater Providence Chamber of Commerce in Warwick, Rhode Island yesterday, ...
Broker Confidence Index Ticks Up as Industry Enters Slower Season
The August edition of RISMedia’s Broker Confidence Index (BCI) came in at 5.6, up slightly from a 5.3 reading last ...
Fed Announces First Rate Cut of 2025, Citing a Worsening Job Market
The Federal Reserve has announced its first interest rate cut since December 2024, pointing toward a degrading job market as ...
Waller Calls for September 0.25% Cut, Says We ‘Shouldn’t Wait Until the Labor Market Deteriorates’
Federal Reserve Bank Governor Christopher Waller, during a speech at The Economic Club of Miami, once again pledged his vote ...
Fed Chair Powell Signals Start of Rate Cuts Ahead of September FOMC Meeting
During his highly anticipated eighth and final speech at the annual Jackson Hole Economic Policy Symposium in Wyoming, Federal Reserve ...
Fed Wary of Elevated Inflation and the Context of Low Unemployment
The latest Federal Open Market Committee (FOMC) meeting held by the Federal Reserve (Fed) concluded with the decision to maintain ...
After Rate-Cut Dissent, Waller a Top Pick for Next Fed Chair
Bloomberg News, citing unnamed sources, reported Thursday that current Federal Reserve Governor Chris Waller is now the favorite to replace ...
Fed Maintains Rates; Two Dissenting Votes for the First Time Since 1993
At the latest Federal Open Market Committee (FOMC) meeting on July 30, the Federal Reserve board of governors voted to ...
Fed Chair Blames Tariffs for Pause, Uncommitted on July Rate Cut
Federal Reserve Chair Jerome Powell, speaking on a panel of central bankers Tuesday morning, declined to commit to a timeline ...
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