Fannie Mae has announced the appointment of 26 new members to its 55-member Housing Impact Advisory Council, which meets three times a year with the company's senior management to discuss affordable housing issues.One of the new appointees, Lloyd W. Brown II, senior vice president and division executive for the Bank of New York's community development division, will co-chair the council along with returning member Loretta A. Armenta, president and chief executive officer of the Albuquerque Hispano Chamber of Commerce. Council members include civic leaders; executives of nonprofit organizations, state housing agencies, and financial institutions; developers; and professionals in the fields of law, housing, and real estate. Members serve staggered two-year terms. Fannie Mae can be found online at http://www.fanniemae.com.
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The White House said it will appeal a circuit court ruling allowing Federal Reserve Gov. Lisa Cook to remain on the central bank board while her lawsuit challenging her dismissal is litigated.
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Companies are coming up with offerings to meet certain unmet needs in the market, while others are running promotions in order to get some sectors moving again.
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As President Trump calls for scrapping quarterly earnings reports and switching to a six-month schedule, industry observers wonder whether the time saved would be worth the potential loss of transparency.
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The Senate voted 48 to 47 to confirm Stephen Miran to the Federal Reserve Board, just ahead of the central bank's rate setting committee meeting.
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While equity still sits near historic highs, price growth moderation led to shrinkage of the total amount available and a rise in underwater mortgages.
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Consumers are so concerned about rising costs that they often forego coverage altogether, according to two separate studies from Valuepenguin and Realtor.com.
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