The U.S. economy bounced back in the second quarter of 2014, growing by a 4 percent annual rate that exceeded the expectations of economists, Reuters reported today on the latest Commerce Department data. The gains were driven by stronger consumer and business spending and bode well for a stronger economy heading into the end of the year, according to media reports.

In other headlines:

Altos: Critics wrong about housing, it’s going to soar – HousingWire

$22B in government mortgage relief still left for struggling homeowners – HousingWire