Fannie Mae Priced $509.1 Million Multifamily DUS REMIC (FNA 2024-M4) Under Its GeMS Program
Fannie Mae Prices $628 Million Connecticut Avenue Securities (CAS) REMIC Deal
Fannie Mae Announces Sale of Non-Performing Loans
Households May Finally Be Adjusting to Higher Mortgage Rates
Fannie Mae Executes Two Credit Insurance Risk Transfer Transactions on $22.0 Billion of Single-Family Loans
Fannie Mae Receives 2024 ENERGY STAR Partner of the Year Award for Sustained Excellence
Higher Mortgage Rate Forecast Leads to Decline in 2024 Home Sales Expectations
Fannie Mae Provides Day 1 Certainty; New Enhancement Further Streamlines Mortgage Origination Process for Lenders and Homebuyers
Housing Activity Expected to Pick Up in 2024 as Rates Move Lower
Fannie Mae Announces Scheduled Release of Fourth Quarter and Full-Year 2023 Financial Results
Fannie Mae Multifamily Closes 2023 With More Than $52 Billion in Volume
Mortgage Rates Expected to Dip Below 6 Percent in 2024, Boosting Home Sales
Home Price Growth Falls Further in Fourth Quarter
Fannie Mae Announces Sale of Reperforming Loans
Consumer Optimism About Mortgage Rates Jumps Significantly
Powell is challenged to weigh risks and he still has time
New Zealand unexpectedly decided to keep interest rates unchanged last week, which may indicate the challenges facing the Federal Reserve on the reduction issue. A case of COVID-19 was enough for the Bank of New Zealand to decide not to raise interest rates, although Vice Governor Christian Hawkesby said the decision was due to policy communication challenges. Federal Reserve Chairman Powell is facing even greater hurdles. He has to weigh the severe epidemic with when to start reducing debt purchases. The seven-day average of new COVID-19 cases in the US reached 150,000 this week, the highest level since January, and there are signs that the efficacy of the vaccine is weakening. However, Powell still has time because the market is there for him
US commercial equipment orders unexpectedly stopped growing in July, indicating that capital investment has come to a standstill
After four months of continuous growth, commercial equipment orders received by US factories unexpectedly stopped growing in July, indicating that capital investment over the past few months had come to a standstill. According to data released by the US Department of Commerce on Wednesday, core capital orders remained basically flat in July, with an increase of 1% from the previous month's revision. Excluding aircraft and defense supplies, the index is viewed as a barometer of commercial equipment investment. Orders for durable goods fell 0.1% month-on-month, reflecting a decrease in commercial aircraft orders. According to the Bloomberg survey, analysts estimated a 0.5% increase in core capital goods orders and a 0.3% decrease in overall durable goods orders. Equipment expenses are in mid-2020
ECB Executive member: inflation needs to be temporarily above target
Isabel Schnabel, a member of the ECB's executive committee, said in a speech on Saturday that there was "growing evidence" that inflation expectations were gradually re-aligning the ECB's definition of price stability. If monetary policy is to be sustainable, it needs to remain expansionary so as not to hinder the initial recovery. Patience may cause inflation to end up slightly higher than our target for some time. This is a necessary and proportionate requirement to avoid low inflation. Many of the factors contributing to the rise in inflation this year are likely to subside in 2022.
Tyson recalls 8.5 million pounds of ready-to-eat chicken products suspected to be infected with Listeria monocytogenes
On July 4, Tyson Foods said it would recall nearly 8.5 million pounds (3.85 million kilograms) of ready-to-eat chicken products that may have been infected with Listeria monocytogenes. Tyson said in a statement that because chicken food may have been exposed to a harmful bacterium, Listeria monocytogenes, although there is no conclusive evidence that the product was contaminated at the time of shipment, it voluntarily launched the recall process out of caution. Listeriosis is an infection caused by the spread of listeria from the intestines to other parts of the body. According to the Centers for Disease Control and Prevention, serious disease symptoms caused by Listeria monocytogenes are being eaten.
Data survey shows that US core inflation will cool in the second half of the year and will not pick up next year.
Business economists are increasingly optimistic about the outlook for US economic growth in 2021, and most expect core inflationary pressures to ease by the end of the year. According to a survey by the national association of business economists, economists' median forecast for real growth in 2021 was 6.7%, up from 4.8% in march. Respondents expect the price index of personal consumption expenditure (excluding food and energy) to fall to 2.1% in the fourth quarter, compared with an estimated 2.6% from April to June. Holly Wade, who is in charge of the survey, said inflation expectations were significantly higher than in March.
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