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Jerome Powell’s reluctance to lean more heavily on shrinking the Federal Reserve’s balance sheet in the battle against inflation could prove a damaging miscue. A vocal section of the bond market prefers the Fed chair to focus more on…
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The U.S. Capitol in Washington, D.C. Stefani Reynolds/Bloomberg The $1.5 trillion omnibus spending bill President Biden was expected to sign at deadline Friday promises to bring relief to the single- and multifamily mortgage markets by…
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Slowing originations and slimmer margins pushed down profits at the parent company of Guild Mortgage in the fourth quarter, but its servicing segment’s earnings saw a boost. Company management plans to take advantage of industry-wide…
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