Consumer sentiment rose 3.7% from the previous month in December to land at 52.9, but was down 28.5% from a year ago, according to final results from the University of Michigan Consumer Sentiment Index. The current conditions index fell 1.4% from the prior month to 50.4. The consumer expectations index rose 7.1 to 54.6.
ROAD to Housing Act becomes law
Among its homeownership benefits, the legislation also includes provisions related to brokered deposits, bank examinations, de novo bank formation and a mentor-protégé program pairing large financial institutions with smaller depository institutions.









