|
Bernanke reiterates need for intervention, loan cuts (Baltimore Sun)
|
As the House prepares to take aggressive new steps to stem the wave of home foreclosures, Federal Reserve Chairman Ben S. Bernanke endorsed yesterday the need for government intervention, saying that letting markets take their own course could "destabilize communities, reduce the property values of nearby homes and lower municipal tax revenues." |
Source News
|
More items about Home Equity Loan similar to this News
|
|
Stocks swung lower after Federal Reserve Chairman Ben Bernanke said that the risks of an economic slowdown have escalated. Following the chairman’s testimony before Congress, CNBC talked to the experts to get their take on how to invest ... |
|
May 6 (Bloomberg) -- The dollar fell for a second day against the euro after Federal Reserve Chairman Ben S. Bernanke said mortgage delinquencies will weigh on the economy, adding to speculation policy makers will avoid raising interest rates. |
|
Bernanke suggests reducing principal on some mortgages Battling a dangerous wave of home foreclosures, Federal Reserve Chairman Ben S. Bernanke called yesterday for additional relief and urged lenders to help distressed owners by lowering the amou... |
|
|
The Federal Reserve is expected to aggressively lower interest rates in its intensified battle against the credit crisis and spreading economic weakness. The question is whether all of the effort will turn the tide. Federal Reserve Chairman Ben Berna... |
|
|
Federal Reserve Chairman Ben S. Bernanke, battling the worst housing recession in a quarter century, urged lenders on Tuesday to forgive portions of mortgages for more borrowers whose home values have declined. |
|
|
Federal Reserve Chairman Ben Bernanke warned late Monday that the federal government should do more to stave off home foreclosures that threaten credit markets and the economy, even as a Fed survey showed the percentage of banks tightening credit for... |
|
|
WASHINGTON -- Battling a dangerous wave of home foreclosures, Federal Reserve Chairman Ben Bernanke called yesterday for additional relief and urged lenders to help distressed owners by lowering the amount of their loans. |
|
|
Feb. 15 (Bloomberg) -- Treasuries rose, pushing the two- year note's yield to the lowest level since 2004, as a Federal Reserve report showed manufacturing in New York contracted this month for the first time in almost three years. |
|
|
|
