Fed chief seeks better mortgage products
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Federal Reserve chairman Ben S. Bernanke is suggesting that policy makers look for ways to encourage a wider range of mortgages geared for low-income and other borrowers who have been hard hit by the housing slump and credit crunch.
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Billionaire bond guru asks Bush, not Bernanke, to solve mortgage problems.
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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.
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Alan Greenspan, when chairman of the Federal Reserve, brushed off an idea to boost scrutiny of subprime mortgage lenders, a former Fed governor told the Wall Street Journal.
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Philadelphia Federal Reserve Bank  President Charles Plosser on Wednesday said that more policy  tightening may be needed to keep price rises in check as the  economy resumes growth.
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Federal Reserve chairman outlines plan to stop the world's largest economy from sliding into recession
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NEW YORKâUS Federal Reserve Board chairman Alan Greenspan said yesterday that better management of banking risk and new rules on capital hold the promise of a stronger banking system contributing more to economic growth.
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The chairman of the U.S. House of  Representatives Financial Services Committee will this year  scrutinize the mortgage lending industry and draft new consumer  protections for credit card holders, he said on Friday.
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WASHINGTON -- Federal Reserve Chairman Ben Bernanke urged Congress on Tuesday to bolster regulation of mortgage giants Fannie Mae and Freddie Mac, and suggested limiting their massive holdings to guard against any danger their debt poses to the overall economy.
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Federal Reserve Chairman Ben  Bernanke on Thursday said losses associated with subprime  mortgages could reach $100 billion.
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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.
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Federal Reserve Chairman Ben Bernanke said Tuesday that risks from inflation or a worse-than-expected housing slump could further complicate things for an economy that already is in slowdown mode.
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The Federal Reserve proposed new regulations yesterday to clean up a broad array of deceptive mortgage lending practices, a move that represents the central bank's most significant response to the nation's housing tumult.
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WASHINGTON -- The Federal Reserve and other banking regulators issued special guidance Tuesday urging loan service companies to work with borrowers in danger of defaulting on their home mortgages.
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Federal Reserve ex-head Alan Greenspan calls for direct help for homeowners hit by the credit crunch.
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Business & money: Fed chair says downturn will worsen before it improves and pledges action over sub-prime mortgage abuse.
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Federal Reserve Chairman Ben Bernanke on Thursday said losses associated with subprime mortgages could reach $100 billion.