The devil is in the mortgage finance reform details

The devil is in the mortgage finance reform details

On the bumpy road to a common securitization platform

Housing shouldn’t look at any color but the color of money

People with bad credit and bad habits should be squeezed out of housing

Who is Nat Hardwick?

Former LandCastle Title CEO owns NASCAR team, rubs elbows with PGA pros
W S
Investments / The Ticker

Former Fed Vice Chair: Wait to taper

calendar
/ Print / Reprints /
| Share More
/ Text Size+

According to the Wall Street Journal, if former Federal Reserve Vice Chair Donald Kohn were still on the central bank’s policy-setting committee, he would recommend holding off on tapering until 2014.

 “I think I would wait, but it’s a close call,” he said Friday during a question-and-answer session with The Wall Street Journal’s David Wessel at a George Washington University conference on the Fed.

“I can see argument that there’s more emphasis on the forward guidance. That’s an easier tool to use. That’s more like the fed funds rate,” he said, referring to a benchmark overnight interbank rate that the Fed uses to influence short-term rates.

Source: WSJ
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus