Bureau
Federal Judge Orders Halt of CFPB Layoffs Friday After Bureau Fires 80% of Staff, Reduces Enforcement Priorities
A federal judge has stepped in again to stop President Trump’s administration from firing more than 80% of Consumer Financial Protection Bureau (CFPB) employees after the agency announced a drastic reduction to its mission and scope of work. Earlier this week, the bureau rescinded all existing enforcement and supervision priority documents to concentrate resources on… […]
Bonds Move to Sidelines Ahead of Jobs Report; Rate Volatility Risks; Census Bureau on Home Features
Mortgage rates were higher again today with multiple lenders making additional upward adjustments in the middle of the day in response to bond market volatility. The prices/yields of certain bonds are the primary building blocks for lenders as they determine where to set mortgage rates every day. Bonds respond to a variety of inputs, with […]