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FHFA Proposed Rulemaking Adds Public Disclosure Requirements for GSE Regulatory Capital Framework
The Federal Housing Finance Agency this week issued a notice of proposed rulemaking that would introduce additional public disclosure requirements to the Enterprise Regulatory Capital Framework for Fannie Mae and Freddie Mac.
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September Pending Home Sales Dip 2.3%
Pending home sales fell back in September after improving in August, the National Association of Realtors reported Thursday. Each of the four major U.S. regions saw contract activity decline month-over-month and year-over-year, with the Northeast seeing the largest yearly drop.
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Supply Chain Issues Show Up in 3Q Gross Domestic Product
We’ve been hearing a lot of news lately about the U.S. economy being hamstrung by supply chain issues. On Thursday, the Bureau of Economic Analysis appeared to quantify those issues.
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Unemployment Claims Edge Closer to Pre-Pandemic Levels
Initial claims for unemployment insurance fell to a new post-pandemic low last week, the Labor Department said, edging closer to pre-pandemic levels.
MBA Lends Support for Bill that Would Curb IRS/Treasury Account Queries
The Mortgage Bankers Association sent a letter of support this week To Sen. Tim Scott, R-S.C., who introduced a bill would prevent the Internal Revenue Service and the Treasury Department from imposing unusual reporting requirements on financial services providers to track and submit customer account information.