In an industry that is so male and white-focused, women and minorities are often passed over for well-deserved positions and promotions, but this idea is being reshaped and redefined right before our eyes.
Read More »Risky Business—Fed Agencies to Alter Bank Compensation
Financial industry regulators are seeking comment on a proposed rule that would implement Section 956 of the Dodd-Frank Act and change compensation structures and align banks’ incentives.
Read More »Got Capital? Banks Will Have to Prove It
Under a newly proposed rule, the largest U.S. banks will have to prove that they have enough cash set aside for business operations up to a year to lower liquidity risk among the institutions to reduce the chances of yet another crash.
Read More »Minneapolis Fed To End ‘Too Big To Fail’
Minneapolis Fed president Neel Kashkari said that while he still believes some major banks are indeed too big to let die, TBTF itself runs the risk of laying the burden of financial risk back in the laps of taxpayers.
Read More »Where is Housing Headed Next?
With many analysts early in the year having predicted a robust spring season for the housing market, the question remains as to whether or not that will come to pass as spring is in full swing.
Read More »Single-family Home Sales Come Up Short
New single-family home sales fell short of expectations in March 2016, falling for the third consecutive month, according to data released Monday from the U.S. Census Bureau and HUD.
Read More »Advocates Defend Castro, But. . .
One housing advocacy group has defended the HUD Secretary against recent criticisms that he is not qualified to be vice president of the United States. At the same time, however, the group said HUD could stand to make some changes.
Read More »The Week Ahead: Wishful Thinking for New Home Sales
The mortgage industry is now anticipating where new single-family home sales will fall, following existing-home sales major feat against supply challenges last week.
Read More »Housing to Stay the Course Despite Straying Economy
While the outlook for overall economic growth is darkening, the housing market is expected to keep up its momentum in 2016, according to Freddie Mac’s April 2016 Economic ...
Read More »Castro Calls Out Trump for ‘Prejudice’
The HUD Secretary criticized the likely Republican presidential nominee for suggesting policy that Castro called "laughable" and "wrong-headed."
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