California Home Loan 360

The Federal Reserve chairman urged Congress to give federal agencies “greater latitude” to take an innovative approach to dealing with the housing crisis.

The Federal Reserve chairman urged Congress to give federal agencies “greater latitude” to take an innovative approach to dealing with the housing crisis.

By JEANNINE AVERSA A rising tide of late mortgage payments and home foreclosures poses considerable dangers to the national economy, Federal Reserve Chairman Ben Bernanke warned anew Monday as he urged Congress to take additional steps to alleviate the problems. "High rates of delinquency and foreclosure can have substantial spillover effects on the housing market, the financial markets and the ...

A rising tide of late mortgage payments and home foreclosures poses considerable dangers to the national economy, Federal Reserve Chairman Ben Bernanke warned anew Monday as he urged Congress to take additional steps to alleviate the problems. "High rates of delinquency and foreclosure can have substantial spillover effects on the housing market, the financial markets and the broader economy," ...

A rising tide of late mortgage payments and home foreclosures poses considerable dangers to the national economy, Federal Reserve Chairman Ben Bernanke warned anew Monday as he urged Congress to take additional steps to alleviate the problems. "High rates of delinquency and foreclosure can have substantial spillover effects on the housing market, the financial markets and the broader ...

Kate Mauldin is a newlywed with a soft spot for Ben Bernanke. Thanks to the Federal Reserve chairman's recent moves to cut interest rates, Mauldin sees a golden opportunity to buy a larger home and pay down credit-card debt.

Treasury Secretary Henry M. Paulson Jr., Federal Reserve Chairman Ben S. Bernanke and other U.S. regulators will propose tougher scrutiny of banks' capital in a report on lessons from the mortgage crisis, a government official said Wednesday.

Saying banks must do more to stem rising foreclosures, Federal Reserve Chairman Ben S. Bernanke called on lenders Tuesday to go beyond trimming interest rates on some troubled mortgages by cutting the size of the loans as well.

WASHINGTON - Federal Reserve Chairman Ben Bernanke called today for additional action to be taken to prevent more distressed homeowners from falling into foreclosure.

In testimony before Congress, the Federal Reserve chairman hints at a further interest rate cut next month. Federal Reserve Chairman Ben S. Bernanke painted a bleak picture of the economy Wednesday, suggesting tough times ahead for many Americans and all but guaranteeing further interest rate cuts as the central bank tries to avert the worst of the trouble.