Pending home sales increased 1.6% in February from the prior month, the National Association of Realtors said today. The pending home sales index—a forward-looking indicator based on contract signings—increased to 75.6. Year over year, pending transactions were down 7%.
Fed’s Waller seeking ‘middle lane’ on ‘skinny’ master accounts
Federal Reserve Governor Christopher Waller provided an update on the feedback the Fed received about a proposal to create “skinny” accounts for payment services, acknowledging that banks and financial technology firms want conflicting things from the proposed service.










