Former Fed Chair Ben Bernanke has a lot of regrets about the Great Recession, everything from thinking more executives should have done time for doing the crime, to the belief that he didn't do enough to sell Americans on why Wall Street needed tens of billions in bailout.
Speaking at a conference of the National Investment Center for Seniors Housing and Care in Chicago, Bernanke said that the market is so tight right now that he was unable to refinance his own home loan recently.
Also, newly released FOMC minutes from the 2008 reveal how the regulators misjudged the depth of the crisis at the beginning and stopped short of using the word "recession." Plus, did the FDIC close any banks in February?
Former Federal Reserve Chairman Ben Bernanke did not step away from the office for long. Just days after finishing his last Federal Open Market Committee meeting, he announced he will be affiliated with the Brookings Institution’s Hutchins Center on Fiscal and Monetary Policy.
Federal Reserve Chairman Ben Bernanke will preside over his last Fed policy meeting Tuesday and Wednesday. During his tenure as chairman, he managed to surprise industry experts by helping stabilize the market and restoring investor confidence. Here's a look back at his heavily criticized days leading the Fed.
One hopes that what he pretended was a joke will follow Fed Chairman Ben Bernanke for the remainder of his days, and will be the one line accompanying his picture in some future textbook on what not to do.
The darlings of 2014, the single-family housing investment and rental businesses, didn’t dominate like last year, but they still had a strong showing. After snagging four of the top five spots on the 2014 HW Fast50, two SFRs placed in the top five in 2015 and three made the top 50..
Bank loyalty is not a factor for borrowers in shopping for a mortgage loan. Borrowers tend to select a mortgage originator based on product, price and their expectation for a convenient transaction process. Read More