Comptroller of the Currency Jonathan V. Gould issued the following statement today following the Federal Reserve Boards release of guidance to provide clarity on capital instruments for mutual banking organizations:. The OCC commends the Federal Reserve Board for its recent action to support mutual banking organizations by providing clarification…
Economic News
The following information was released by Maryland Senator Chris Van Hollen:. Today, U.S. Senators Chris Van Hollen and Angela Alsobrooks were joined by several of their colleagues to introduce the Shutdown Guidance for Financial Institutions Act, legislation to require federal financial industry regulators to issue guidance encouraging financial…
The following information was released by the Federal Reserve Bank of Minneapolis:. Neel Kashkari President and CEO. Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, moderates a conversation with Federal Reserve Governor Michael Barr at the Economic Club of Minnesota in Golden Valley, Minnesota.
Our news editors obtained a quote from the research from Bocconi University:“ Using an OLS regression framework applied to U.S. and Euro Area data from 1994 to 2023, we analyze the response of equity and bond markets, inflation, and GDP growth to central bank interest rate hikes. The publisher for International Journal of Financial Studies is MDPI AG.
A mutual company owned by owners of eligible life insurance policies, MassMutual falls under the regulatory arm of the SEC. Phone calls and emails to the SEC in Washington went unreturned. The Journal said the SEC is looking at whether MassMutual properly reconciled accrued interest as it received payments on loans held in its general investment account.
Paramount Group, Inc. announced today that it will file its quarterly report on Form 10- Q for the quarter ended September 30, 2025 with the U.S. Securities and Exchange Commission and release its third quarter 2025 financial results on Wednesday, October 29, 2025 after the end of trading on the New York Stock Exchange. Headquartered in New York City, Paramount…
October mortgage rates may drop, too, thanks to a widely expected cut to the federal funds rate at this month's Federal Reserve meeting. In fact, the economists at Realtor.com say Oct. 12-18 will be the best week to buy a house all year, pointing to friendlier trends in inventory, competition and seasonal price cuts. Jessica Galvanek, 32, has been searching for a home…
The following information was released by the Federal Reserve Board:. Thank you also to the Federal Deposit Insurance Corporation and the Conference of State Bank Supervisors for co-sponsoring this gathering, and to the Federal Reserve staff who each year do their part to bring it about. More broadly, I very much appreciate the close and longstanding…
Thank you for the invitation to be here to help mark the 10th anniversary of the Center for Indian Country Development and to further the goal of advancing development through better data.1 It's a privilege to be in the presence of so many tribal leaders, Federal Reserve colleagues, policymakers, researchers, and practitioners all working to advance Native…
Angel Oak Mortgage Solutions LLC, NMLS ID #1160240, a leading nonbank wholesale and correspondent non-qualified mortgage lender, proudly announces the launch of its new 5- year and 7- year Adjustable-Rate Mortgage products, among the first of their kind in the non-QM space. Unlike traditional 30- year fixed-rate loans, ARMs can offer lower initial interest…
WASHINGTON— The global economy is holding up better than expected despite major shocks such as President Donald Trump's tariffs, but the head of the International Monetary Fund says that resilience may not last. "Buckle up," Managing Director Kristalina Georgieva said in a speech at a think tank Wednesday. Her comments at the Milken Institute come on a day when…
6 reasons to sell your house before 2026. HomeLight spoke with Jason Huerkamp, a leading Minneapolis agent with more than two decades of experience, about why acting sooner may be the better choice. The Federal Reserve cut its benchmark rate earlier this month and hinted that more adjustments could come, but that doesn't guarantee mortgage relief for buyers.
The following information was released by the Federal Reserve Bank of Dallas:. Dallas Fed President Lorie Logan delivered these remarks at the Chicago Payments Symposium. Good afternoon, my name is Lorie Logan, and I serve as the president and CEO of the Federal Reserve Bank of Dallas.
Financial supporters for this research include FRPD by Poole College of Management, United States of America, National Science Centre, Poland. For more information on this research see: Uninsurable Income Risk and the Welfare Effects of Reducing Global Imbalances. European Economic Review, 2025; 179. European Economic Review can be contacted at: Elsevier,…
As the Federal Reserve considers more rate reductions, F/m Investments is introducing a new fund to capture short-duration, tax-free income. Alexander Morris, CEO of F/m Investments, said that by targeting high-coupon municipal bonds near call dates, ZMUN seeks to deliver compelling yields with reduced duration risk. F/m’ s Portfolio Manager Justin Henessey…
—The global economy is holding up better than expected despite major shocks such as President Donald Trump's tariffs, but the head of the International Monetary Fund says that resilience may not last. Her comments at the Milken Institute come on a day when gold prices hit $4,000 an ounce for the first time as investors seek safe haven from a weaker dollar and…
The following information was released by the Federal Reserve Board:. We share this goal, and the sponsorship of this event with the Conference of State Bank Supervisors and the Federal Deposit Insurance Corporation. We are proud of this ongoing partnership with CSBS and FDIC and the effort to further actionable bank industry research.
October 14, 2025 3:30 pm 5:30 pm Hybrid| Federal Reserve Bank of Boston. Join us for a hybrid special event featuring the Federal Reserve Bank of Boston President, Susan M. Collins. Join us for an exclusive event featuring Susan M. Collins, President and CEO of the Federal Reserve Bank of Boston, as she shares perspectives on the economy and the central bank's work…
American consumers are waiting for the Federal Reserve to cut rates so they can buy or sell their homes, but Minneapolis Fed President Neel Kashkari said Tuesday that the long-awaited mortgage rate drop might not materialize. There’ s only so much money to go around, Kashkari said, and the amount of cash flowing into AI— though it’ s propping up the U.S. economy— means…