This is why Fannie and Freddie mortgage initiatives won't work

This is why Fannie and Freddie mortgage initiatives won't work

MBA declarations are feel-good, but temporary

How far can lenders push the credit box?

Watt announcement helps, but risk keeps standards tight

Warren calls for GAO investigation of nonbank servicers

Asks GAO to review “unprecedented” growth of nonbank servicers
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Items Tagged with 'Janet Yellen'

ARTICLES

Chris Whalen: The Great Recession’s true impact

What has really changed?
Brena Swanson
It’s been about half a decade since the Great Recession, and the economy still has room for improvement. Christopher Whalen argues that the low-interest-rate environment that arguably helped cause the 2008 financial crisis remains in place today.
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KBRA: 3 reasons the Fed won't change interest-rate policy

"Adverse market conditions in the future"
Brena Swanson
The Federal Open Market Committee is nearing the end of quantitative easing, spurring a lot of questions in the market on what the future holds. Kroll Bond Rating Agency’s Christopher Whalen suggests the markets may be overestimating the willingness of the FOMC to make a change in interest rate policy for three key reasons.
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Lawmakers demand more controls on Fed bailout power

Warren, Vitter, Brown, & others lead charge to change "too big to fail" plans
Ben Lane
In the letter, the lawmakers write that the Fed’s proposed rule under Section 1101 "places no meaningful restrictions on its emergency lending powers, and in a time of crisis, invites the same sort of backdoor bailout we witnessed five years ago."
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Round 2: Yellen testifies on monetary policy report again

Same defense, different accusers
Brena Swanson
Federal Reserve Chair Janet Yellen went through round two in speaking about the Fed’s Monetary Policy Report, this time sitting before the House Financial Services Committee.
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NAHB joins NAR in reporting "good news" about housing "recovery"

I guess the housing recovery is real after all...not
Lynn Effinger
While I could make a case that no one wants to see the housing industry get back on a firm foundation more than yours truly, there is too much evidence mounting that the overall housing market is headed for another downturn.
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Yellen: Economy uncertain, housing disappoints, and rate hikes are coming

Fed Chair sees little progress in housing metrics
Trey Garrison
The Federal Reserve may look at raising interest rates sooner than initially forecast, and Fed Chair Janet Yellen stressed again that there is considerable uncertainty about the nation’s economic outlook, and that the housing and housing finance industries continue to be troubled.
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Schumer: I’m going to encourage Yellen to be careful with interest rates

Democratic Senator wants to know when taper will end
Ben Lane
Federal Reserve Chair Janet Yellen is set to testify before the Senate committee on Tuesday and Senator Charles Schumer (D-N.Y.) told MarketWatch what he plans to ask Yellen when she’s in the hot seat.
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Watch CNBC's Rick Santelli nearly lose his mind talking inflation

A rant for the ages
Ben Lane
During the discussion, CNBC's Rick Santelli and Steve Liesman became embroiled in a debate that left the traders behind Santelli applauding and catcalling and ultimately led Santelli to walk off the set.
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Yellen: No need to change monetary policy

Despite pockets of increased risk-taking
Brena Swanson
In a speech on Wednesday, Federal Reserve Chair Janet Yellen said there is no need to change current monetary policy to address financial stability concerns although she sees “pockets of increased risk-taking” in the financial system.
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Federal Reserve will taper another $10B in asset purchases

Analysts don't expect any change in momentum despite economic slowdown
Trey Garrison
Most everyone expects that despite the first quarter contraction in GDP, the FOMC will taper its asset purchase program by $10 billion to $35 billion.
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