CFPB Identifies Four Mortgage ‘Junk Fees’
The U.S. consumer watchdog’s report on junk fees focused on a range of businesses, such as banking and payday lending, and includes four used by mortgage servicers.
Commercial Optimism Focused on Distressed Property
A survey finds commercial investors “cautiously optimistic” even in a depressed market. The reason: future expectations. Many expect bargains to appear soon.
Fannie, Freddie Plan for Single-Family Social Bonds
While the FHFA lenders already focus on lower-income housing, the new single-family bonds are considered environmental, social and governance (ESG) securities.
Fed: More Rate Hikes if Economy Stays Strong
In testimony before Congress Tuesday, Fed Chair Powell said the economy is “stronger than expected” and the “ultimate level of interest rates is likely to be higher.”

Raysaak Molinary
Phone:+1(787) 475-0346




