Fannie Mae and Freddie Mac See New Terms in Their Bailout Agreement
Fannie Mae and Freddie Mac have been a crucial part of the mortgage market, remaining important even through the housing crisis.
Fed Beige Book – Consumer Spending Up While Real Estate Sector Remains Depressed
The first Fed Beige Book release of the year indicates that the economy is recovering at a moderate pace.
US Auto Industry 2011 Shows Best Performance Since 2008
Details of the Motor Vehicle Sales Report
Obama’s Controversial Appointment: Richard Cordray Becomes Consumer Agency Head
On January 4th, President Obama named Richard Cordray as interim head of the new Consumer Financial Protection Bureau (CFPB). Obama acted against the wishes of the Republican-controlled Senate, which opposed...
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Most Recent
End of April Sees Surprising Drop in Initial Jobless Claims
Looking back to last year, the initial number of jobless claims has dropped by 99,000.
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ADP Employment Report – April Job Gains Slow
Although recent April job gains have slowed down, the economy continues to expand at a slow pace.
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BEA Report Shows Income’s Steadily Rising
According to the BEA report, the numbers for March do not look bad, but they could be better.
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GDP Growth Rate Declines to 2.2 Percent
Overall, the indicators impacting the GDP growth rate continued to show mixed signs.
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Fed Chairman Bernanke: US Economy Continuing to Improve
Although progress has been made, it is still premature to declare victory with signs of the US economy continuing to improve.
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National Association of Realtors’ Data on Existing Home Sales Provides Mixed Signals About Growth in the Housing Market
The National Association of Realtors provided mixed signals as to whether growth in the housing market was gaining traction.
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