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Mortgage News Daily:
Evictions have led to hundreds of thousands of additional Covid-19 cases, research finds
11/27/2020 10:11 AM
Expiring state eviction bans have led to hundreds of thousands of additional coronavirus cases, new research finds....(read more)
How to break the late rent, missed mortgage payment cycle
11/27/2020 8:59 AM
As many as 35 million Americans face eviction due to an inability to make housing payments. Here"s a step-by-step plan to keep yourself in your home, for good....(read more)
Treasury yields edge lower amid low volumes
11/27/2020 7:03 AM
U.S. Treasury yields dipped on Friday morning, amid low volumes, as investors returned from the Thanksgiving holiday....(read more)
Main Street pins hopes on Small Business Saturday sales to help stay afloat
11/27/2020 7:02 AM
It"s uncertain how Small Business Saturday on Nov. 28 will move the needle and help the millions of business owners on Main Street struggling to survive....(read more)
Fed weighed adjusting bond purchases to provide more help to economy "fairly soon," minutes show - CNBC
11/25/2020 3:06 PM
Fed weighed adjusting bond purchases to provide more help to economy "fairly soon," minutes show CNBC Boston Fed issues guidance for lenders on end of Main Street program Economic Times U.S. stocks dip after Fed minutes show no immediate change to asset-purchase plan MarketWatch The mar...
Fed releases minutes from November meeting
11/25/2020 1:26 PM
Officials at the meeting voted to keep benchmark short-term borrowing rates anchored near zero....(read more)Forward thi...
Fed Minutes: Full Text
11/25/2020 1:03 PM
Developments in Financial Markets and Open Market Operations...(read more)Forward this article via email: ...
The CDC is expected to shorten Covid quarantine time, something most everyone seems to agree on
11/25/2020 11:55 AM
"I mean, frankly we probably should have done this sooner," Dr. Scott Gottlieb, the former U.S. Food and Drug Administration commissioner, told CNBC....(read more)
Buying a home: Why it"s harder for younger generations than their parents
11/25/2020 9:38 AM
A report by the Urban Institute estimates 3.4 millennials would be homeowners had the rate of homeownership kept up with previous generations. ...(read more)
Yellen would need Congress to approve use of clawed-back Fed loan funds, Treasury says
11/25/2020 9:32 AM
Yellen would need Congress to approve use of clawed-back Fed loan funds, Treasury says Reuters Mnuchin Plans to Put $455 Billion Beyond Yellen"s Easy Reach Bloomberg If Congress doesn"t act, a lot of damage will be done between now and February: Fmr. Treasury Sec. CNBC Television Janet ...
Personal Income decreased 0.7% in October, Spending increased 0.5%
11/25/2020 9:31 AM
The BEA released the Personal Income and Outlays report for October: Personal income decreased $130.1 billion (0.7 percent) in October according to estimates released today by the Bureau of Economic Analysis. Disposable personal income (DPI) decreased $134.8 billion (0.8 percent) and personal consumption expenditures (PCE) increased $70.9 billion (...
Q3 GDP Growth Unchanged at 33.1% Annual Rate
11/25/2020 8:11 AM
From the BEA: Gross Domestic Product, Third Quarter 2020 (Second Estimate); Corporate Profits, Third Quarter 2020 (Preliminary Estimate) Real gross domestic product (GDP) increased at an annual rate of 33.1 percent in the third quarter of 2020 , according to the "second" estimate released by the Bureau of Economic Analysis. In the second quarter, r...
Covid cases are exploding across U.S. and Thanksgiving could be an "accelerator event"
11/25/2020 8:11 AM
"I"m not scared for the day itself, but for what"s going to happen, two, three, and four weeks later," Dr. Megan Ranney, an emergency physician in Rhode Island, said....(read more)
U.S. weekly jobless claims total 778,000, vs 733,000 estimate
11/25/2020 7:34 AM
U.S. weekly jobless claims total 778,000, vs 733,000 estimate<br/>https://www.cnbc.com/2020/11/25/us-weekly-jobless-claims.html...(read more)
What a Treasury Secretary Janet Yellen would mean for markets
11/25/2020 7:08 AM
What a Treasury Secretary Janet Yellen would mean for markets Yahoo Finance Fmr. Fed Governor Raskin says Yellen is a great pick, she"ll remain committed to stimulus CNBC Television Dow Rallies 500 Points and Hits 30,000 for the First Time TheStreet Former Fed Chair Yellen Makes Great T...