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Fed signals end to bond buys
WASHINGTON — Federal Reserve Chairman Ben S. Bernanke outlined a path for eventually ending the central bank's unprecedented stimulus efforts after Fed officials voiced surprising optimism about the economy. At the end of their two-day meeting...
Tags: Barack Obama, Religion and Belief, Federal Reserve, Financial Markets, Employment Opportunities
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Chicago, federal agency square off in court over vacant building ordinance
The city of Chicago's frustration in dealing with the vacant, foreclosed homes that are causing blight in its neighborhoods was on full display in federal court Wednesday as city attorneys argued that Fannie Mae and Freddie Mac should have to follow its...
Tags: Justice System, Fannie Mae, Freddie Mac, Financial and Business Services, Lawyers
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Heritage adds more cash, maintains rating
Heritage Property and Casualty Insurance Co. added millions of dollars to its ability to pay hurricane-season claims and increased its cash surplus in order to maintain its A-Exceptional score with an insurance industry ratings agency. Last week...Tags: Insurance, Google+, Finance, Florida Legislature, Fannie Mae
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Bernanke says Fed likely to reduce bond buying this year
ReutersWASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke said on Wednesday the U.S. economy is expanding strongly enough for the central bank to begin slowing the pace of its bond-buying stimulus later this year. Bernanke's confirmation that the...Tags: Barack Obama, Prices, Federal Reserve, Financial Markets, Securities
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As Bernanke clarifies Fed's moves, markets stumble
McClatchy Washington BureauWASHINGTON The Federal Reserve might begin tapering off its economic life support late this year and finish a controversial program of bond purchases by the middle of the next year, Chairman Ben Bernanke said Wednesday in remarks that triggered fear and...Tags: Prices, Gross Domestic Product, Federal Reserve, Financial Markets, Career and Workplace
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Valley housing market gains momentum in May
Margaret Wolf couldn't help but notice when the "for sale" sign in front of a house two doors away was removed just days after it went up. The gray home with red shutters on Route 309 in Upper Saucon Township attracted multiple offers and sold for $177,...
Tags: Employment Opportunities, Career and Workplace, Real Estate, Economy, Business and Finance, Moody's Corporation
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TREASURIES-U.S. yields jump as Bernanke signals less bond buying
Reuters* Fed's Bernanke says less bond buying if economic forecasts correct * Benchmark 10-year yield rises to 15-month high * Broad market selloff also hammers TIPS, MBS By Richard Leong NEW YORK, June 19 (Reuters) - Benchmark U.S. Treasury yields surged to...Tags: Finance, Federal Reserve, Fannie Mae, Eaton Vance Corporation, Inflation and Deflation
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Live blog: Fed Chairman Bernanke's outlook for the economy
Federal Reserve Chairman Ben S. Bernanke outlines what he expects for U.S. growth in the coming year as the central bank releases its policy statement. He'll also face TV cameras and reporters during a quarterly news conference. Reporters, editors and...Tags: National Security Agency, Federal Reserve, Economic Policy, Career and Workplace, Unemployment
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Era of falling interest rates appears to be over
For all the mixed messages from the Fed and the uncertainty that has roiled financial markets recently, one thing looks very clear: The era of declining interest rates is over. After three decades in which borrowing costs for Americans have pretty...
Tags: Federal Reserve, JPMorgan Chase & Co., Financial and Business Services, Economy, Business and Finance, Moody's Corporation
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Mortgage applications tumble as rates rise further: MBA
ReutersNEW YORK (Reuters) - Interest rates on home mortgages rose last week to hit their highest level in over a year, sapping demand from potential homeowners, data from an industry group showed on Wednesday. Rates climbed 2 basis points to average 4.17 in the...Tags: Federal Reserve
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Rising rates slow mortgage, refinance applications
June 19 (Bloomberg) -- Mortgage applications in the U.S. decreased last week as borrowing costs climbed, keeping refinancing hovering around a more than one-year low. The Mortgage Bankers Association index dropped 3.3 percent in the period ended June... -
Mortgage monitor: Banks not yet complying with major settlement
The nation's biggest banks haven't yet kept all the pledges they made 16 months ago to settle state and federal investigations into abuses of troubled homeowners and the foreclosure process, the national monitor for the settlement reported. The banks...
Tags: Ocwen Financial Corporation, Banking, Citigroup Incorporated, Finance, Financial and Business Services
Jun 20, 2013
|Story| Los Angeles Times
Jun 20, 2013
|Story| Chicago Tribune
Jun 19, 2013
|Story| South Florida Sun-Sentinel
Jun 19, 2013
|Story| Reuters
Jun 19, 2013
|Story| McClatchy-Tribune
Jun 19, 2013
|Story| Allentown Morning Call
Jun 19, 2013
|Story| Reuters
Jun 19, 2013
|Story| Los Angeles Times
Jun 18, 2013
|Story| Los Angeles Times
Jun 19, 2013
|Story| Reuters
Jun 19, 2013
|Story| Allentown Morning Call
Jun 19, 2013
|Story| Los Angeles Times
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