Saturday, January 19, 2013

Your 12 hourly digest for Business News, Financial News, Business Headlines & Analysis - The Washington Post

Business News, Financial News, Business Headlines & Analysis - The Washington Post
The source for business news and analysis. Covering economic policy, business policy, financial news, economic issues, stock market data, local business, technology and more.
Montgomery should appeal more of state's property assessments, inspector general says
Jan 19th 2013, 01:26

Montgomery County should be more diligent in challenging commercial property assessments conducted by the state, some of which appear to be unusually low, the county's inspector general said in a report issued Friday.

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Fed slow to abandon optimism even as a few officials sounded alarm, 2007 transcripts show
Jan 19th 2013, 01:22

It was December 2007, and officials at the Federal Reserve were torn between two visions of what was in store for the nation's economy: a mild slowdown or outright recession.

They opted to believe in a slowdown. They were wrong.

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New rules cut link between mortgage terms, brokers' fees
Jan 19th 2013, 01:04

In the years before the financial crisis, mortgage originators were rewarded with bonuses and higher pay for steering millions of Americans into risky and unsustainable home loans.

Starting next January, however, brokers' and loan officers' compensation will no longer be based on the terms of the mortgages they originate, according to new guidelines released Friday by the Consumer Financial Protection Bureau.

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