Fed Seeks to Limit Slump by Taking Mortgage Debt (Update2)

March 12 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke's latest attempt to alleviate seized-up credit markets marks his most direct effort yet to repair the mortgage meltdown that poses the biggest threat to the ... More... (Mortgage News)
Add a Comment , March 12th, 2008

Fed expanding securities lending program

NEW YORK (MarketWatch) -- Welcome to our daily roundup of subprime- and credit-crunch-related news from MarketWatch. Each weekday morning, Subprime Today will provide a synopsis of our own coverage as well as stories from other news ... More... (Mortgage Education, Mortgage News)
Add a Comment , , March 12th, 2008

Why are mortgage rates up if the Fed is cutting?

Fed Chairman Ben Bernanke explains credit spreads to Congress A lot of readers have been wondering why mortgage rates are jumping — even as the Federal Reserve is busy cutting interest rates. This week, Fed Chairman ... More... (Mortgage Education, Mortgage Interest Rates, Mortgage News)
Add a Comment , , March 3rd, 2008