As housing-industry groups sought relief from the Federal Reserve, overall loan-application volumes eked out a weekly gain last week thanks to ARM activity, the Mortgage Bankers Association said.
https://www.nationalmortgagenews.com/news/adjustable-rate-mortgages-surge-with-lending-near-longtime-lows
FSOC finalizes nonbank designation rule, reversing Trump-era move
The Financial Stability Oversight Council enhanced its powers to designate non-bank financial...
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