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The Federal Reserve Board said it lent $870 million to weak financial institutions, up dramatically from $121 million a week earlier.
By Steven SloanAugust 6 -
Support for carving up Fannie Mae and Freddie Mac into separate good and bad banks lasted less than 24 hours, with the Obama administration insisting this is not its plan and critics arguing the idea was complex and a tough political sell.
By Steven SloanAugust 6 -
Federal Housing Finance Agency Director James Lockhart's imminent resignation will force the Obama administration to confront the tricky politics of reforming the government-sponsored enterprises sooner than planned.
By Steven SloanAugust 5 -
James Lockhart, the director of the Federal Housing Finance Agency who spent years pressing for stricter oversight of Fannie Mae and Freddie Mac, is expected to imminently announce his resignation, according to several sources.
By Steven SloanAugust 5 -
The Federal Reserve Board released data Thursday indicating slowing losses related to the central bank's investments in fallen institutions.
By Steven SloanJuly 30 -
The Federal Housing Finance Agency said Thursday that finding a way for the Federal Home Loan banks to securitize mortgage loans is off the table.
By Steven SloanJuly 30 -
Though an economic recovery remains elusive, signs exist that some real estate markets are coming back to life, according to a Federal Reserve Board report released Wednesday.
By Steven SloanJuly 29 -
When it comes to planning for the future, a top Federal Reserve official said her advice to bankers is to "hope for the best and plan for the worst."
By Steven SloanJuly 28 -
Mindful of previous conflict of interest charges, the Federal Reserve Bank of New York chose a nonprofit leader Monday to fill a board seat that was held by a former executive of Goldman Sachs.
By Steven SloanJuly 27 -
WASHINGTON — Under threat by Congress to be stripped of its consumer protection power, the Federal Reserve Board issued a 660-page proposal Thursday that would enhance disclosures for mortgages, home equity lines of credit and fees paid to originators.
By Steven SloanJuly 23 -
If the Fed wants to keep its role in consumer protection, its best hope to convert skeptics may come today when it meets to propose amendments to Regulation Z, which ...
By Steven SloanJuly 23 -
For all the anger lawmakers have directed at the Federal Reserve Board this year, it was hardly evident when Chairman Ben Bernanke spent more than three hours before a House panel on Tuesday.
By Steven SloanJuly 22 -
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