FOMC Notes: What to Do, What to Do?
MHProNews.com has learned from NationalMortgageNews the minutes from the Federal Open Market Committee (FOMC) meeting Dec. 13 reveal disappointment that attempts by the government to stimulate a...
View ArticleFed to Continue Buying Securities
Speaking at the University of Michigan’s Ford School of Public Policy, HousingWire reports Federal Reserve Chairman Ben Bernanke defended the Federal Open Market Committee’s open-ended quantitative...
View ArticleFed Prez: Bring on More Stimulus
CNNMoney informs MHProNews the president of the Federal Reserve Bank of Minneapolis, Narayana Kocherlakota, says the Fed should do more to lower the unemployment rate. “I would say that my outlook for...
View ArticleMortgage Applications Rise
According to the Mortgage Bankers Association (MBA), mortgage applications rose 14 percent on a seasonally adjusted basis for the week ending Sept. 18. MBA Chief Economist Mike Fratantoni noted the...
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