Mortgage Finance
New Housing Law Creates New Opportunities
Friday, August 22nd, 2008On July 31, the President signed into law H.R. 3221, the Housing and Economic Recovery Act of 2008, a sweeping, nearly 800-page housing law, unlike anything we’ve seen in a generation. Shrouded in controversy, the bill has a number of provisions which have been exhaustively debated and politicized in the media [...]
Fed Stands Still – Time to Make Your Move
Tuesday, August 12th, 2008The Federal Reserve held the line on Tuesday-leaving the Fed Funds Rate at 2.00% for the third straight meeting. The decision, however, was anything but cut-and-dry.
Earlier in the week, the Personal Consumption Expenditure data indicated that inflation climbed 0.8% overall in June, which is the highest inflation jump in 27 years. [...]