Citing the slow pace of jobs growth, Federal Reserve Chairman Ben Bernanke today announced that interest rates will be kept at a historic low until the unemployment rate…
Federal Reserve Chairman Ben Bernanke blamed excessively tight credit conditions imposed by banks and mortgage lenders for hindering the U.S. economic recovery.
The recent housing crash has wiped out nearly all of the homeownership gains made by minorities and low-income Americans since the mid-1990s, according to Federal Reserve Chairman Ben…
In a New York Times editorial, billionaire investor Warren Buffett argued that a minimum tax should be impose on high-income earners to restore fairness to the nation’s tax…
ANALYSIS: The Republican’s platform committee last week voted against preserving the home mortgage interest tax deduction, sticking to the GOP’s hardline flat tax agenda and free market…
Fannie Mae and Freddie Mac will not be allowed to grant principal reductions to help ‘underwater’ homeowners avoid foreclosure, the Federal Housing Finance Agency announced yesterday.
Since assuming conservatorship in 2008, the Federal Housing Finance Agency has steadfastly refused to allow Fannie Mae and Freddie Mac to reduce mortgage principals for delinquent underwater homeowners.
Mortgage giants Fannie Mae and Freddie Mac are considering reducing loan principals for distressed homeowners who owe more than what their homes are worth.
What The Folly?!
Federal Reserve will keep interest rates at historic low until unemployment rate drops to 6.5%
Wednesday, December 12, 2012
Citing the slow pace of jobs growth, Federal Reserve Chairman Ben Bernanke today announced that interest rates will be kept at a historic low until the unemployment rate…
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Transcript: Remarks by Federal Reserve Chairman Ben Bernanke on Dec. 12, 2012
Wednesday, December 12, 2012
Edited by Jenny Jiang Transcript of remarks by Federal Reserve Chairman Ben Bernanke at a press briefing on Dec. 12, 2012:
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Bernanke blames tight credit for hindering U.S. economic recovery
Wednesday, November 28, 2012
Federal Reserve Chairman Ben Bernanke blamed excessively tight credit conditions imposed by banks and mortgage lenders for hindering the U.S. economic recovery.
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Bernanke: Housing crash erased nearly all minority & low-income homeownership gains
Monday, November 26, 2012
The recent housing crash has wiped out nearly all of the homeownership gains made by minorities and low-income Americans since the mid-1990s, according to Federal Reserve Chairman Ben…
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Warren Buffett argues for minimum tax on the “ultra rich”, debunks GOP’s myth on capital gains
Monday, November 26, 2012
In a New York Times editorial, billionaire investor Warren Buffett argued that a minimum tax should be impose on high-income earners to restore fairness to the nation’s tax…
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Transcript: Remarks by Federal Reserve Chairman Ben Bernanke on Sept. 13, 2012
Saturday, September 15, 2012
Edited by Jenny Jiang Transcript of remarks by Federal Reserve Chairman Ben Bernanke on Sept. 13, 2012:
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Republican National Convention 2012: Platform Committee voted against preserving the mortgage interest tax deduction
Monday, August 27, 2012
ANALYSIS: The Republican’s platform committee last week voted against preserving the home mortgage interest tax deduction, sticking to the GOP’s hardline flat tax agenda and free market…
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FHFA chief blocks Fannie Mae & Freddie Mac from granting principal reductions
Wednesday, August 1, 2012
Fannie Mae and Freddie Mac will not be allowed to grant principal reductions to help ‘underwater’ homeowners avoid foreclosure, the Federal Housing Finance Agency announced yesterday.
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3 reasons why the FHFA opposes mortgage principal reduction
Friday, April 13, 2012
Since assuming conservatorship in 2008, the Federal Housing Finance Agency has steadfastly refused to allow Fannie Mae and Freddie Mac to reduce mortgage principals for delinquent underwater homeowners.
Read More
Fannie Mae & Freddie Mac considering mortgage principal reductions
Wednesday, April 11, 2012
Mortgage giants Fannie Mae and Freddie Mac are considering reducing loan principals for distressed homeowners who owe more than what their homes are worth.
Read More