Fed's Bullard: U.S. policy now 'considerably' looser, but markets may demand more

The Federal Reserve's policy shift since last year has made monetary policy "considerably more accommodative" than a year ago, but world markets are likely expecting more to come, St. Louis Federal Reserve bank president James Bullard said on Monday....(read more)

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More Americans are house-rich, but they're leaving that cash in the house

Rising home prices, coupled with conservative borrowing, have today's homeowners sitting on a record amount of potential cash. Today's mortgage holders saw their home equity increase by 4.8% annually by the end of the second quarter....(read more)

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Black Knight's First Look: National Mortgage Delinquency Rate Decreased in August, Foreclosure Inventory Lowest Since 2005

From Black Knight: Black Knight's First Look: Foreclosure Starts Hit 18-year Low in August; Mortgage Prepayments Continue to Rise in Lower Interest Rate Environment • August's 36,200 foreclosure starts made for the lowest single-month total since December 2000 • The number of loans in active foreclosure inventory also fell; at 253,000, it's the fewest since 2005 • Prepayment activity – typically a good indicator of refinance activity – continues to press upward, increasing 5% from July to reach a three-year high • August's prepayment rate was up 62% from the same time last year and 2.5 times......(read more)

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Fed's Williams Says Repo Turmoil Raises Questions on Reserves

Fed's Williams Says Repo Turmoil Raises Questions on Reserves    Bloomberg Last week's turmoil in money markets raises questions about the appropriate level of bank reserves in the financial system, Federal Reserve Bank of New York ......(read more)

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US manufacturing sector activity hits 5-month high in September, IHS Markit says

US manufacturing sector activity hits 5-month high in September, IHS Markit says<br/>https://ift.tt/2mqymkyread more)

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Chicago Fed "Index Points to a Pickup in Economic Growth in August"

From the Chicago Fed: Index Points to a Pickup in Economic Growth in August Led by improvements in production-related indicators, the Chicago Fed National Activity Index (CFNAI) rose to +0.10 in August from –0.41 in July. All four broad categories of indicators that make up the index increased from July, but three of the four categories made negative contributions to the index in August. The index's three-month moving average, CFNAI-MA3, edged up to –0.06 in August from –0.14 in July. emphasis added This graph shows the Chicago Fed National Activity Index (three month moving average) since......(read more)

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Home Insurance is a Challenge in California's Wildfire-Prone Areas

Home Insurance is a Challenge in California's Wildfire-Prone Areas...(read more)

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