Federal Reserve Archive

Bernanke: Loan Standards Easing

One of the main questions hanging over the Federal Reserve’s plan to buy up to $40 billion a month in mortgage-backed securities (MBS) to help spur the housing market is whether continuing tight underwriting requirements will offset any positive...
September 20, 2012

Lenders: Staffing, Appraisals Hold Back Loans

Insufficient staff to process loan applications and to get timely and accurate appraisals are two of the reasons lenders say are impeding their ability to originate and purchase more home loans, results from the Federal Reserve’s most recent quarterly...

Bernanke to Congress: Weak Housing Not Just Market Phenomenon

Federal Reserve Board Chairman Ben Bernanke told the U.S. House Budget Committee last week that tight mortgage conditions are preventing a stronger economic revovery because their adverse effect on home buyers is keeping inventory levels high, damping appreciation, and...
February 3, 2012

Fed Says Tight Bank Policies Hurting Recovery

The Federal Reserve urged lawmakers and the administration this week to take a more hands-on approach to the housing market because the market’s continued struggles is holding back strong economic recovery. In a report it just sent to legislative...
January 5, 2012

No Deal from Super Committee: What Next?

By Robert Freedman, senior editor, REALTOR® Magazine The first thing to note about the congressional super committee’s failure to agree to deficit cuts is that MID is spared for the time-being. Among the deals the members of the deficit-cutting...
November 23, 2011

QRM: How to Shrink Home Sales By a Third

By Robert Freedman, senior editor, REALTOR® Magazine A banking reform rule proposed by the FDIC and Federal Reserve earlier this month to require 20 percent minimum down payments on residential mortgage loans is based on the idea that loans with...
April 18, 2011

$600B Fed Stimulus: A Boost, but Inflation Lurks

By Robert Freedman, Senior Editor, REALTOR® Magazine The Federal Reserve’s move to boost the economy with $600 billion in U.S. Treasury bond purchases earlier this week helped ignite the stock market and could also help real estate in the...
November 5, 2010

Senate Passes Wall Street Reform: Impact?

By Robert Freedman, senior editor, REALTOR® Magazine You might be wondering what’s in the 2,300 pages of financial services reform that has just passed Congress. It now goes to President Obama for signature. Relatively few of the pages of...
July 15, 2010

For Home Sales, It’s About Jobs, Not Fed MBS Purchases

By Robert Freedman, Senior Editor, REALTOR® Magazine Watch our videos for economic research updates further down the post. In the midst of the mortgage meltdown it was hard to keep track of everything the federal government was doing to...
January 28, 2010

Inman: “An Economy and a Country to Invest in”

By Katie Tarbox, Senior Editor, REALTOR® Magazine The opening session of Inman Real Estate Connect 2010 in New York was markedly more optimistic than just a year ago where practitioners gathered at the Marriott Marquis for the three-day conference....
January 15, 2010