Fed passes reforms to combat subprime mortgage crisis
9394
The measures promise to protect borrowers from prepayment penalties and misleading loans.
231143
U.S. President George W. Bush will  outline reforms on Friday to help struggling subprime mortgage  borrowers and his central bank chief will deliver a speech  which will be pored over for hints of a looming rate cut.
149933
NEW YORK/WASHINGTON  - The mortgage-backed securities market and Wall Street are becoming a roadblock for U.S. banks trying to dig out of the subprime mess.
484272
For the first time in more than four years, the Federal Reserve appears ready to lower interest rates to prevent a housing meltdown and a painful credit crunch from driving the economy into a recession.
10769
The House on Tuesday approved a plan to expand federal backing of mortgages in hopes of helping struggling homeowners avoid foreclosure
259079
President George W. Bush will propose reforms on Friday intended to help homeowners with subprime mortgages avoid default, his first public step to address a crisis that has created turmoil in financial markets around the world.
382338
ST. LOUIS  - Losses to lenders and investors in subprime mortgage markets were even-handed and the result of poor underwriting and investing decisions, St. Louis Federal Reserve Bank President William Poole said on Friday.
571572
The Federal Reserve Board on Tuesday proposed new protections for high-cost mortgage borrowers to avoid a repeat of the loose lending standards that have put many Americans at risk of losing their homes.
653731
The Senate moved against the worsening mortgage crisis Friday, voting to make it easier for thousands of homeowners with ballooning interest rates to refinance into federally insured loans.
295811
The nation's central bank gave a laundry list of proposals to prevent future unsavory lending practices.
573796
Many U.S. banks have made it harder for creditworthy borrowers to get a mortgage, according to a Federal Reserve survey released Monday that underscored the spread of a painful credit crunch.
165525
The U.S. economy has come through  its recent soft patch and the Federal Reserve still has some  way to go to restore interest rates to more normal levels, Fed  officials said on Monday.
455742
The Federal Reserve on Tuesday slashed benchmark U.S. interest rates by a hefty three-quarters of a percentage point in an emergency bid to lend support to a weak U.S. economy faced with increasing turmoil in global financial markets.
246040
The Federal Reserve on Tuesday will propose a much stricter set of rules for mortgage lenders as part of the central bank's effort to avert abusive lending.
525297
Prospects for a huge downgrade of subprime-related debt have boosted chances that the Federal Reserve will need to prop up the U.S. economy with a rate cut some time in the next year.
623835
The Federal Reserve Board on Tuesday considered new protections for high-cost mortgage borrowers to avoid a repeat of the loose lending standards that have put many Americans at risk of losing their homes.
444560
The Federal Reserve is providing the loans as part of an unprecedented auction process to ease a global credit crisis and make sure financial institutions can keep lending to customers.