The Mortgage Bankers Association said Wednesday that its annual convention will begin on schedule in Orlando, Fla., this Sunday despite the fact that Hurricane Wilma is threatening the southern part of the state."Nothing has changed," said a trade group spokeswoman. "We are not canceling." Paul Green, the MBA's senior vice president of corporate relations, issued a statement saying that the MBA is closely tracking the hurricane but that, based on "facts being provided by the National Hurricane Center," Hurricane Wilma will be "well south" of Orlando. The storm is expected to make landfall in the next few days, reaching the South Florida mainland late Saturday night.
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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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A panel of DC Circuit Court judges ruled late Monday that the president had not met the stringent statutory requirements to block a lower court injunction, which allowed Federal Reserve Gov. Lisa Cook to remain at her post as her lawsuit challenging her dismissal is litigated.
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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.
September 15 -
While equity still sits near historic highs, price growth moderation led to shrinkage of the total amount available and a rise in underwater mortgages.
September 15 -
Consumers are so concerned about rising costs that they often forego coverage altogether, according to two separate studies from Valuepenguin and Realtor.com.
September 15