December 19, 2008

• Housing, Mortgage Markets, and Foreclosures

  Speech of Chairman Ben S. Bernanke at the Federal Reserve System Conference on Housing and Mortgage Markets, Washington, D.C., December 4, 2008
  Housing, Mortgage Markets, and Foreclosures
  The U.S. (…)

• Homeowners Need Help Avoiding Foreclosure, Fed Chair Says

  Rising foreclosures pose a threat to the economy, and Fed Chair Ben Bernanke recently proposed that the government take a more active role in stemming the tide of people losing their homes when such loss can be prevented. (…)

• Unfair Credit Card Practice - Good, but Weird News…

  The Federal Reserve Board made a new ruling on unfair credit card practices. It's very good news with strong protection for consumers. (…)

December 5, 2008

• Federal Reserve Board on Friday proposed for public comment changes to Regulation Z (Truth in Lending)

  Release Date: December 5, 2008
  For immediate release
  The Federal Reserve Board on Friday proposed for public comment changes to Regulation Z (Truth in Lending) that would revise the disclosure requirements for mortgage loans.  The revisions would implement the Mortgage Disclosure Improvement Act (MDIA) which was enacted in July 2008 as an amendment to the Truth in Lending Act (TILA). (…)

November 26, 2008

• Agencies Outline Expectations of Banks' Role in U.S. Economy

  In an effort to thaw out the nation's frozen credit markets, the U.S. Treasury Department, the Federal Deposit Insurance Corp. (…)

November 14, 2008

• PWG Announces Initiatives to Strengthen

  US Treasure Department Press Release:
  November 14, 2008
  HP-1272
  PWG Announces Initiatives to Strengthen
  OTC Derivatives Oversight and Infrastructure

  Washington- The President's Working Group on Financial Markets today announced a series of initiatives to strengthen oversight and the infrastructure of the over-the-counter derivatives market. (…)

November 12, 2008

• Interagency Statement on Meeting the Needs of Creditworthy Borrowers

  Federal reserve board press release: November 12, 2008
  The Department of the Treasury, the Federal Deposit Insurance Corporation, and the Federal Reserve have recently put into place several programs designed to promote financial stability and to mitigate procyclical effects of the current market conditions. These programs make new capital widely available to U.S. (…)

November 4, 2008

• Federal Reserve Board alerts the public to instances of questionable solicitations directed at consumers

  The Federal Reserve Board on Tuesday alerted the public to instances of questionable solicitations directed at consumers. These solicitations promise consumers access to personal loans through a nonexistent Federal Reserve lending program. (…)

October 28, 2008

• A Consumer’s Guide to Mortgage Refinancing from the Federal Reserve

  The Federal Reserve Board on Thursday announced the launch of an online resource to help consumers make informed choices when refinancing a home loan. (…)