The U.S. trade deficit was $78.3 billion in July, up $19.2 billion from $59.1 billion in June, the Commerce Department said. July exports were $280.5 billion, up $0.8 billion from the previous month. Imports were $358.8 billion, up $20 billion.
ABA, associations: FHA minimum property requirements hurt access to affordable mortgages
The Federal Housing Administration should align its minimum property requirements with those used by Fannie Mae and Freddie Mac, which would streamline the FHA financing process and make it less expensive for lenders to produce – and consumers...









