Consumer sentiment falls in October
The University of Michigan Consumer Sentiment Index decreased 3.7% in October compared to the month prior, landing at 46.3, according...
Newsbytes
Fed survey finds increase in family income, financial stress
While most U.S. families experienced moderate increases in income and net worth in recent years, the share of families experiencing...
FHA formalizes use of alternative credit scoring models
FHA published a mortgagee letter to formalize the use of VantageScore 4.0 and FICO Score 10T alongside Classic FICO to...
Crypto exchange agrees to shut down ‘crypto ATMs’ as part of settlement
The cryptocurrency exchange Coinme has agreed to close down its virtual currency kiosk operations in multiple states as part of...
Fed: Consumer credit increased 1.9% in August
Consumer credit increased at a seasonally adjusted annual rate of 1.9% in August, according to the Federal Reserve. Revolving credit...
Mortgage rates rise
The rate for a 30-year fixed-rate mortgage was 7.4% this week. The rate for a 15-year fixed-rate mortgage was 6.73%.
GAO finds new trigger leads restrictions could have longer-term benefits
New federal restrictions to curb abusive trigger leads should reduce the volume of unwanted solicitations homebuyers receive, with research showing...
HSA Council offers senators recommendations for expanding account access
Lawmakers should consider policies that strengthen the value and accessibility of health savings accounts rather than policies that inadvertently discourage...
FOMC minutes show another rate increase possible
Most members of the Federal Open Market Committee believe they may need to raise the target range for the federal...
New York Fed: Inflation expectations increased in September
Consumer inflation expectations in September increased at the short- and medium-term horizons and remained unchanged at the longer-term horizon, the...
