DID YOU NOW? The Federal Reserve plans to start publishing on November 28th a periodic report - The Financial Stability Report - on the stability of the U.S. financial system, a bid to shed light on a potential source of risk as the economy’s expansion progresses and will feature an overview of how the Fed’s Washington-based board of governors assesses the financial sector’s resilience, including a discussion of financial bellwethers such as asset valuations, borrowing by businesses and households, leverage and funding risks. (WSJ)
DID YOU KNOW? The White House is expected to consider steps in the coming months that could reduce the government’s footprint in backstopping the market through mortgage-finance giants Fannie Mae and Freddie Mac ,
which have been under government control since the 2008 crisis. There are limits on what the administration can do with Fannie Mae and Freddie Mac absent legislation. But their overseer, the Federal Housing Finance Agency, has the authority to raise fees on lenders and adjust the size of loans the companies can buy, among other things.
DID YOU KNOW? Harley Davidson - the maker of those rather noisy motorbikes - is coming out with an electric model: maybe the perfect solution for those wanting to bike in the city without waking up hundreds of people along the way? The more electric vehicles, the more appealing real estate will become positioned along busy roads perhaps?
DID YOU KNOW? A raid of a building in Manhattan this month left many apartment owners with violation fines because they rent their apartments via Airbnb for short-term stays. New York City’s multiple-dwelling law bars the rental of residential apartments and homes for fewer than 30 days unless the host is present.