Secretary

The secretary of the Treasury Bessent becomes acting director of CFPB: how will it affect mortgages? Loaner

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The Consumer Financial Protection Bureau (CFPB) has a new acting director, none other than the secretary of the Treasury Scott Bessent. The news was announcement Today after cooking From the former director of the CFPB, Rohit Chopra, this weekend, who had been in charge of the agency since September 2021. He questioned what comes to … Read more

Mortgage Rates Improve After New Treasury Secretary Bessent Announces Loaner

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As I’ve been saying for a while now, all the potential bad news (regarding mortgage rates) has been largely priced in over the past couple of months. And then some! Meanwhile, anything that could be positive for mortgage rates, such as lower inflation and higher unemployment, has been largely ignored. Rates can’t seem to catch … Read more