HUD plans new time limits, work requirements for rental aid: report
The leaders seated earlier this year in the U.S. Department of Housing and Urban Development (HUD) are reportedly planning new time limits and work requirements for recipients of the department’s existing rental assistance programs, according to an internal document viewed by NPR.The document report
Why Friday’s jobs report won’t compel Powell to cut rates
Will Friday’s jobs report compel Federal Reserve Chairman Jerome Powell to cut rates by 1%, as President Trump suggested on social media today? The answer is no. While the labor market is showing signs of cooling and there are some indications of stress in certain sectors of the economy, today’s rep
Rocket, PennyMac price new debt offerings
Rocket Companies and PennyMac Mortgage Investment Trust priced new debt issuances this week. While Rocket is refinancing debt tied to its Mr. Cooper acquisition, PennyMac is supporting its investment and lending strategies.Rocket priced $4 billion in senior unsecured notes — $2 billion due in 2030 a
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