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How Do Predatory Lending Laws Influence Mortgage Lending in Urban Areas? A Tale of Two Cities
Abstract This paper examines the effects of predatory lending laws in the cities of Chicago and Philadelphia. The level of mortgage activity in each of ...(Continue Reading)

Fed eases variable-rate mortgage disclosures
The Federal Reserve Board's revisions to Regulation Z last November will enable credit unions to more easily comply with disclosure rules for closed-end, ...(Continue Reading)

Employment and unemployment developments, January 2003 - payroll employment increases by 143,000 in January, while the unemployment rate decreases to 5.7%
Payroll employment rose by 143,000 in January, and the unemployment rate decreased to 5.7 percent. Employment in retail trade and construction increased ...(Continue Reading)

Powell Calls for Clear Timeline in Digital TV Transition
LAS VEGAS—In television's transition to digital, there's a missing link: a firm date for when broadcasters must completely switch from analog ...(Continue Reading)

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Adjustable Rate Mortgage Definition
Adjustable Rate Mortgage - definition of Adjustable Rate Mortgage - ARM. A mortgage with an interest rate that may change, usually in response to changes in the Treasury Bill rate or the pr...
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