Timeline: the Fed's long road to begin unwinding its $4.2trn balance sheet

Timeline: the Fed's long road to begin unwinding its $4.2trn balance sheet

Feb 2007: Freddie Mac will no longer buy the most risky subprime mortgages and mortgage-backed securities. April 2007: Leading subprime
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Pensioners' mortgage debts to double to £40bn by 2030

The mortgage debts of over-65s are set to double over the next 13 years from £20.1bn to £39.9bn by 2030, the Financial Conduct Authority believes.
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China's Debt Level Is Getting Riskier and Riskier, Says S&P

S&P Global Ratings downgraded China's long-term sovereign credit rating on Thursday, less than a month ahead of one of the country's most
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FDA Warns Doctors After 19 Deaths on Intercept Liver Drug

… according to data from Symphony Health Solutions compiled by Bloomberg Intelligence. The drug is Intercept's only commercial product and was
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London house prices are falling down, falling down…

House prices in London might have been flying high a few months ago, but the optimism of spring paled over summer — and the news is even worse
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KB Home Cuts CEO's Bonus 25% After Rant Against Kathy Griffin

KB Home's board will cut Chief Executive Officer Jeffrey Mezger's annual bonus by 25 percent as punishment for his profanity-laced tirade against
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Fortune's Most Powerful Women 2017: The First Latina CEO

And while that is still true, as Fortune chief Cliff Leaf observes, today women yield more power than ever before. “A telling data point? Just as in 1998,
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Move Over, Pumpkin Spice Lattes: Starbucks Has a New Fall Drink

With the start of pumpkin spice season, coffee giant Starbucks is also unveiling a new flavor: the Maple Pecan Latte. Starting Friday, Starbucks plans to
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Black Knight's First Look at August 2017 Mortgage Data: Hurricane Harvey Impact Already Being …

Black Knight's First Look at August 2017 Mortgage Data: Hurricane Harvey Impact Already Being Felt in the Mortgage Market as Delinquencies Jump
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#1 direct Lending credit lenders bad credit fast cash loans, payday loans! direct installment lenders …

90 day loans direct lenders of of we the serves ago, Service which trouble together pursue with must In to process billion agencies federal the them:
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AcadiaSoft expands user base for IM compliance

AcadiaSoft has welcomed six new clients to its AcadiaSoft Hub, which provides relief from initial margin (IM) rules for non-cleared derivatives.
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BSA tells lenders to address age limits after FCA criticism

These include opaque and complex lending criteria, which may prevent older consumers from accessing a mortgage product, the limited appetite
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Here Are All of Paul Manafort's Tweets About Russia

Fortune on Thursday analyzed Manafort's 160 tweets, published between June and December 2016, to identify any commentary he might have had
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Tavant and Black Knight Financial Services announce product integration

… announced they are integrating two of their products. Tavant is a product and platforms provider to consumer lending companies and a HousingWire
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Current Mortgage Rates for Thursday, September 21, 2017

The Federal Reserve came out yesterday afternoon with a fresh statement and a few adjustments to they current monetary policy program. Financial
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Tata Sons Said to Overcome Mistry in Vote on Going Private

Pedestrians are silhouetted as they walk near the Tata Communications Ltd. headquarters in Mumbai, India. Photographer: Dhiraj Singh/Bloomberg.
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Exclusive: Cisco Chairman John Chambers Is Joining the Board of This Tech Unicorn

In an exclusive interview with Fortune, the iconic tech exec, who led Cisco for more 20 years and helped drive nearly 200 acquisitions there, says
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Globalized Lending Causes Financial Crises, But Will It Cause One Soon? Part III

Part I explained how cross-border lending plays a leading role in the formation of boom-bust-financial crisis events. Part II evaluated the current state
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Hays County median housing price rises 6.5 percent

Even though Brandy Guthrie, president of the Austin Board of Realtors said the Central Texas housing market just experienced the strongest summer
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Nomura continues to strengthen and advance its Agency Mortgage business with two senior hires

He will be actively making markets in Fannie Mae and Freddie Mac fixed rate MBS for both domestic and overseas accounts. Mr. Shiel joins Nomura
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