Bernanke To Banks: Unwind Your Carry-Trades NOW
November 17, 2010 by
Filed under mortgage rates
Bernanke To Banks: Unwind Your Carry-Trades NOW
QE2’s real message is rates are going up, not down. Here’s why.
Read more on Forbes
Bernanke totes up pros — and cons — of more stimulus
October 20, 2010 by
Filed under mortgage refinance
Bernanke totes up pros — and cons — of more stimulus
The Fed chairman makes the case for his agency buying more U.S. securities, but his acknowledgement of the risks sows doubts among economists that it will be enough to help. Federal Reserve Chairman Ben S. Bernanke, citing the threat of prolonged high unemployment and an [...]
Bush, Paulson & Bernanke object to mortgage bailout programs
October 19, 2010 by
Filed under mortgage refinance
WASHINGTON (Thomson Financial) – President George Bush and the two highest economic officials in the US government all objected strongly today to plans in Congress for changing bankruptcy laws to protect homeowners caught up in the mortgage meltdown. The idea of allowing bankruptcy judges to restructure loans ‘wouldn’t be fair to millions who pay their [...]
Bernanke vows Fed action on economy
September 1, 2010 by
Filed under reverse mortgage
Bernanke vows Fed action on economy
JACKSON, Wyo. — Federal Reserve Chairman Ben Bernanke said Friday that the Fed will consider making another large-scale purchase of securities if the slowing economy were to deteriorate significantly and signs of deflation were to flare.
Read more on Portsmouth Herald
Bernanke: Record-low rates needed to aid economy
March 26, 2010 by
Filed under reverse mortgage
Bernanke: Record-low rates needed to aid economy
Record-low interest rates are still needed to rev up the economic recovery, Federal Reserve Chairman Ben Bernanke told Congress on Thursday.
Read more on USA Today
Bernanke sees low rates amid signs of weak rebound
February 25, 2010 by
Filed under reverse mortgage
Bernanke sees low rates amid signs of weak rebound
WASHINGTON (AP) – New signs emerged Wednesday that the economic rebound is sputtering. Sales of new homes hit a record low last month. And mortgage giant Freddie Mac signaled it will need more federal aid – and might never repay it. Against that backdrop, the government is [...]