federal-reserve Furniture
All information about federal-reserve, federal-reserve Latest News
August 12th, 2009 - Mortgage - Loans - Equity Category: Mortgage Rates
From the FOMC : Information received since the Federal Open Market Committee met in June suggests that economic activity is leveling out . Conditions in financial markets have improved further in recent weeks. Household spending has continued to show signs … Read More
August 8th, 2009 - Mortgage - Loans - Equity Category: Home Mortgage, Loans, Mortgage, Mortgage Rates
Consumer credit fell $10.3 billion in the U.S. in June, or at a 4.92 percent annual rate, to $2.5 trillion. It was the fifth straight month of decline, as banks cut limits on credit cards and some consumers remained wary … Read More
August 7th, 2009 - Mortgage - Loans - Equity Category: Mortgage Rates
This is an unofficial list of Problem Banks. The list is compiled from regulator press releases or from public news sources (see Enforcement Action Type link for source). The FDIC data is released monthly with a delay - the most … Read More
August 4th, 2009 - Mortgage - Loans - Equity Category: Mortgage Rates
ProPublica has a great table of failed banks with sortable columns by state, date and Federal regulator. The database also includes links to public enforcement documents with the dates the documents were issued (Cease and Desist orders, Prompt Corrective Action … Read More
August 4th, 2009 - Mortgage - Loans - Equity Category: Mortgage Rates
Brian sent me these comments from Multi-Color Corp. (this company makes labels mostly for consumer product companies: P&G was 19% of Q1 sales and Miller Beer was 13%.) Multi-Color: “While there is increasing evidence that the worst of the recession … Read More
July 29th, 2009 - Mortgage - Loans - Equity Category: US Economy
One thing that has puzzled me is that some of the countries that have — implicitly at least — been most critical of the expansion of the Fed’s balance sheet during the crisis long have had much larger balance sheets … Read More
July 25th, 2009 - Mortgage - Loans - Equity Category: Home Mortgage, Loans, Mortgage
The Federal Reserve is considering restrictions on how mortgage brokers are paid by banks. As I explained in my last post, the Fed wants broker pay tied to loan amount and not to the interest rate on the home loan. … Read More
July 24th, 2009 - Mortgage - Loans - Equity Category: Equity, Finance, Home Equity, Home Mortgage, Loans, Mortgage
The Federal Reserve is considering a restriction on how mortgage brokers are paid, National Mortgage News reported yesterday. The rule would not allow banks to pay brokers differently based upon the rate or term of a loan — pay would … Read More
July 21st, 2009 - Mortgage - Loans - Equity Category: Mortgage Rates
Click on map for larger image. Here is a map of the three month change in the Philly Fed state coincident indicators. Forty seven states are showing declining three month activity. This is what a widespread recession looks like based … Read More
July 21st, 2009 - Mortgage - Loans - Equity Category: Mortgage Rates
Click on headlines for larger image in new window. See losses of more than $1.5 billion. Insufficient liquidity. May seek bankruptcy without successful tender offer.
Read more here - CIT: More than $1.5 billion in losses, No FDIC Guaranteed Debt
… Read More