Small Business News You Can Use (3/31)

Consumer Financial Protection Bureau (CFPB) Director Richard Cordray offered an olive branch Wednesday to one of his agency's more fiery critics, the U.S. Chamber of Commerce. Another drop in refinancings pushed down mortgage application volume last week, as the government reworked fewer loans. The U.S. economy expanded a bit more slowly than expected in the fourth quarter while personal income grew at a much faster pace than previously thought, which should help underpin spending this quarter. Household income grew at a faster pace in the fourth quarter than previously thought, which should help underpin spending this quarter.