Housing-credit woes spur calls for more federal regulation

Housing crises spur demands for return to greater federal regulation and oversight WASHINGTON (AP) -- A heavier federal hand is reaching into American life as politicians in both parties demand an overhaul of government financial regulation ... More... (Foreclosure News, Education, and Updates, Mortgage News)
Add a Comment , , April 19th, 2008

Fed offers $100 billion more to banks

WASHINGTON - The Federal Reserve announced Friday it will auction another $100 billion in April to cash-strapped banks as it continues to combat the effects of a credit crisis. The central bank said it would make ... More... (Mortgage News)
Add a Comment March 28th, 2008

Not all borrowers benefit from Fed’s recent rate cuts

By JEFF D. OPDYKE and JANE J. KIM THE WALL STREET JOURNAL The Federal Reserve has lowered interest rates for the sixth time since September, but the campaign is helping with only certain kinds of borrowing. Rates on ... More... (Mortgage Interest Rates, Mortgage News)
Add a Comment , , March 26th, 2008

Federal banks can buy more mortgage-backed debt

The nation's 12 Federal Home Loan Banks were freed Monday to boost their purchase of mortgage-backed bonds by about $150 billion -- another government step to pump money back into a market that slumped as ... More... (Mortgage Lender & Broker News, Mortgage News)
Add a Comment , , March 25th, 2008

A Sweeter Bear Bid May Sour the Fed

JPMorgan raises its offer in hopes of winning over shareholders. Will the Federal Reserve end up holding the bag? The Federal Reserve has been put in an awkward position by JPMorgan Chase's (JPM) decision to raise ... More... (Mortgage Lender & Broker News, Mortgage News)
Add a Comment , , , March 24th, 2008

Fed May Buy Mortgages Next, Treasury Investors Bet (Update2)

March 24 (Bloomberg) -- Forget lower interest rates. For the Federal Reserve to keep the financial markets from imploding it needs to buy troubled mortgage bonds from banks and securities firms, say the world's biggest ... More... (Mortgage News)
Add a Comment , , March 24th, 2008

Fed is enabling credit addicts

Abuse of easy credit seems more rampant than drug abuse. If the DEA ran its drug programs the same way the Federal Reserve and the Treasury Department run our economy, they would be handing out free ... More... (Mortgage Lender & Broker News, Mortgage News)
Add a Comment , , March 24th, 2008

Fed cuts won’t affect 30-year loans

The Federal Reserve's decision to slash short-term interest rates might spare midstaters from a recession, but it won't save them money on 30-year fixed-rate mortgages. Here's why: mortgage rates are not tied to short-term interest rates. ... More... (Mortgage Interest Rates, Mortgage News)
Add a Comment , , March 21st, 2008

FOCUS Federal Reserve cuts to interest rates benefit banks, not consumers

WASHINGTON, Mar. 19, 2008 (Thomson Financial delivered by Newstex) -- The Federal Reserve's rate cutting campaign is benefiting banks and financial institutions, but the interest rate declines have yet to pass through to the average ... More... (Mortgage News)
Add a Comment , , March 21st, 2008

The Fed’s Interest Rate Cut Doesn’t Mean Mortgage Rates Will Fall

Typically, when the Federal Open Market Committee cuts interest rates, like it did earlier in the week, the rate consumers pay for a mortgage loan falls. But unfortunately for borrowers, these are atypical times. One ... More... (Mortgage Interest Rates, Mortgage News)
Add a Comment , , March 21st, 2008