Powell is done. Will Warsh help with mortgage rates?
Jerome Powell’s tenure as Federal Reserve chair is coming to an end as the Department of Justice (DOJ) has ended its investigation of alleged cost overruns on the Fed headquarters’ renovations. This paves the way for Kevin Warsh to head the Fed — maybe as soon as May. The timing couldn’t be more per
Coldwell Banker: ‘Life doesn’t stop’ as comeback buyers return
More than three years after mortgage rates began their climb from historic lows, a subtle but significant housing market shift is underway. Homeowners are finally letting go of sub-5% rates, “comeback buyers” are re-entering the search and regional markets are moving in opposite directions — all sha
Flagstar pares back earnings outlook amid elevated CRE payoffs
The Long Island-based regional bank, which has been in turnaround mode for two years, reduced its earnings per share guidance for 2026 and 2027. It cited an expected decrease in net interest income due to higher levels of payoffs and paydowns in commercial real estate.
Pamela Heman
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