Good morning! Today is Tuesday, January 19. President Trump is expected to issue as many as 100 pardons and commutations on his final day in office. Treasury Secretary nominee Janet Yellen is calling on Congress to do more to fight a deep pandemic-induced recession. A man managed to live inside Chicago’s O’Hare airport for three months before being detected.
And in mortgage and housing news …
BIDEN PICKS: Biden taps FTC’s Rohit Chopra as CFPB Chief.
TREASURY RATES: Will rising Treasury rates mean higher mortgage interest costs ahead?
SUPPLY/DEMAND: The mortgage banking IPO wave and expected supply and demand challenges.
REAL ESTATE RIOTER: The Texas real estate agent charged in the Capitol attack pleads for pardon.
MARKET CRASH?: Three reasons there won’t be a housing market crash in 2021.
ROCKET EXPANDS: Rocket Mortgage eyes 700-job expansion in downtown Cleveland.
CREDIT SCORES: How new credit can affect your credit score.
NY HOMEOWNERSHIP: New York Gov. Cuomo announced a proposal to increase homeownership in historically redlined communities.
CODE OF ETHICS: The National Association of Realtors Code of Ethics ban on discriminatory hate speech and conduct reflects a commitment to fair housing.
URBAN FLIGHT: An influx of homebuyers fleeing to Connecticut and the New York border is putting a squeeze on the market.