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Consumer Confidence Increased in May

May 27 - The Conference Board Consumer Confidence Index, which had decreased in April, improved moderately in May. The index now stands at 83.0 (1985=100), up from 81.7 in April. The Present...


CFPB Study Shows Consumers' Credit Scores Overly Penalized for Medical Debt

May 20 - The Consumer Financial Protection Bureau is releasing a study on how the collection of medical debt affects a consumerís credit score.  The CFPB found that consumersí credit scores may...


Incoming FHFA Director Announces New Rules for Fannie, Freddie

May 13 - In remarks delivered at the Brookings Institution Forum on the Future of Fannie Mae and Freddie Mac, FHFA Director Melvin Watts announced a series of new policy decisions. Watts said he...


OCC Reports Improved Financial Results in Central District, but Operational Risks Remain

May 13 - The Office of the Comptroller of the Currency recently reported that the financial condition of community national banks and federal savings associations (collectively, banks) in its...


30-Year Fixed-Rate Mortgage Hits Low for the Year

May 8 - Freddie Mac released the results of its Primary Mortgage Market Survey, showing average fixed mortgage rates moving down further and following the decline in Treasury yields as the economic...


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