Graeme Sloan/Bloomberg Following its annual stress tests, the Federal Reserve on Friday set new capital requirements for the nation’s largest banks, setting the minimum equity they must hold to absorb losses in a downturn. Vice Chair for Supervision Michelle Bowman said the requirements come during a “period of transition” for the Fed’s stress testing system, […]
Fed sets this year’s capital requirements for large banks Read More »
Bloomberg News An emergency court hearing to determine whether Federal Reserve Gov. Lisa Cook can remain on the central bank’s board while her lawsuit against President Donald Trump unfolds concluded without a ruling Friday. On Thursday, Cook sued the president in the U.S. District Court for the District of Columbia over Trump’s attempts to oust
No ruling on whether Fed. Gov. Lisa Cook stays on the job Read More »
If your house is on the market but you haven’t gotten any offers you’re comfortable with, you may be wondering: what do I do if it doesn’t sell? And for a growing number of homeowners, that’s turning into a new dilemma: should I just rent it instead? There’s a term for this in the industry,
Thinking About Renting Your House Instead of Selling? Read This First. Read More »
Have lower mortgage rates altered the dynamics of the housing market based on our data? Now that August has come to an end, it’s clear that they have — and the results have surprised me. In recent years, it has typically taken sustained mortgage rates of around 6% to impact housing data. However, I noticed
Lower mortgage rates pushed inventory lower in August Read More »
The sweeping tariffs President Trump implemented on April 2 have been ruled illegal by a federal appeals court that said Trump did not have the power under the International Emergency Economic Powers Act to levy tariffs. However, the court is allowing the tariffs to stay in place until a lower court rules on whether the
Trump’s ‘liberation day’ tariffs ruled illegal, but stay in place for now Read More »
Welcome back to Tech Pulse — HousingWire‘s weekly series rounding up the latest in technology news, including tools, integrations and trends that impact mortgage and real estate. Here’s what happened this week: The new smart home technology that’s helping seniors age in place With seniors now outnumbering children in many U.S. states, demand is growing for aging-in-place technology. Dr. Jing
Tech Pulse: Smart home tools for seniors; AI marketing for agents Read More »
A long-awaited crackdown on trigger leads is on its way to President Donald Trump’s desk, but not everyone in the mortgage world is celebrating. Nestled in the bill is a provision that’s leading professionals to raise doubts about whether the measure is a consumer safeguard or a competition killer. “The act will require consumers to
Does the trigger leads bill opt-in provision wave goodbye to competition? Read More »
Federal agents have disrupted a long-running fraud scheme targeting seniors, arresting 25 members of a Chinese criminal gang over the past week. The twist? The agents were assisted by YouTubers who set and sprang the trap on the fraudsters, who are charged with stealing $65 million from seniors nationwide. The criminal group, made up of
YouTubers set trap for crime ring targeting seniors, resulting in 25 arrests Read More »
Investor housing market activity slipped in the second quarter of 2025 but remains above recent historical averages, according to a new report from Cotality. Investors accounted for 32% of single-family home purchases in January, the report said. By June, the share had fallen to 29%. A year earlier, investors represented 25% of the market. “Investors
Investor housing market share dips but remains elevated Read More »
Subscribers to the New England-based MLS Property Information Network (MLS PIN) are gearing up for some business practice changes, which are set to go into effect on Tuesday. The changes are the results of MLS PIN’s long-awaited settlement agreement in the Nosalek commission lawsuit. The MLS defendant’s fourth amended settlement agreement was granted preliminary approval
MLS PIN settlement business practice changes go into effect Tuesday Read More »