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The $1.7 trillion in purchase lending for the year is the most ever recorded according to Black Knight’s January Mortgage Monitor Report.
March 7 -
A sustained jump in crude increases the prospect of a global recession and a return to the stagflation seen in the 1970s, where inflation runs hot but there’s no underlying economic growth.
March 7 -
The two states' combined plans amount to over $1.5 billion of the Homeowner Assistance Fund included within the American Rescue Plan Act , which was passed a year ago.
March 4 -
The current state of the car market, which is sending sales and prices of used cars spiking, could pose a credit challenge to the notes.
March 4 -
Russia is on course for an economic collapse that will rival or even eclipse the size of the 1998 slump which followed its debt default. The financial fallout may be less.
March 4 -
Credit unions and banks need to ask themselves if they're finding ways to say "yes" to consumers who too often hear "no" from mainstream institutions. Otherwise, they perpetuate a system that excludes the poor and people of color and drive them toward nonbanks, said Pablo DeFilippi of Inclusiv Network and other experts.
March 3 -
The deal is secured by loans on new and used vehicles and that largely follows the structure of recent transactions, particularly the 2021-C.
March 3 -
Senate Democrats insist the GOP's boycott of President Biden's picks for the Federal Reserve is interfering with the central bank's handling of an economic crisis. But GOP lawmakers say the Fed is functioning fine and their concerns about nominee Sarah Bloom Raskin are material.
March 3 -
The effect of the conflict and upcoming Fed announcements have left much of the industry guessing about what happens next.
March 3 -
Federal Reserve Chair Jerome Powell’s vow to contain inflation with higher interest rates is holding, and that may boost the dollar.
March 3













