The PHH tactic represents not only one of the few instances where a mortgage company challenged penalties from the CFPB, but an equally rare case of landing in front of a court that doesn't take the government's side. If PHH wins, it may change the entire regulatory landscape, and here's how.
According to CNBC, there is no chance of a Fed rate hike in April. Data shows that the economy is still shy of the central bank's inflation target.
The CME is predicting no rate hike until December at the earliest.