MBA Advocacy Update: Congress Passes Stopgap Funding Bill to Avert Government Shutdown
On Saturday night, the U.S. House and Senate passed a Continuing Resolution that averts a government shutdown and extends Fiscal Year 2023 funding through November 17, 2023.
CoreLogic: Mortgage Delinquencies Remain Near Record Low in July
CoreLogic, Irvine, Calif., released its Loan Performance Insights through July, revealing strong performance--overall delinquencies were 2.7%, still near a record low.
MBA Chart of the Week Oct. 2: FOMC Summary of Economic Projections for Fed Funds Rate
Each quarter, members of the Federal Open Market Committee (FOMC) submit their projections for various economic measures (i.e., real gross domestic product growth, the unemployment rate, inflation, and the federal funds rate). This month’s projections, shown in the Summary of Economic Projections (SEP), included 2026 for the first time.
