Topic: Ben Bernanke

Sen. Schumer Presses Regulators to Do More to Help Struggling Homeowners Avoid ForeclosureSen. Charles Schumer urged federal regulators Wednesday to do more to help certain homeowners struggling to make mortgage payments.The Democratic senator from New York made his plea in a letter ...

Bernanke Outlines Steps Toward Protecting Consumers From Abusive Mortgage LendingFederal Reserve Chairman Ben Bernanke offered lawmakers fresh assurances on Thursday that regulators are taking steps to better protect would-be homeowners from abusive mortgage practices.Bernanke appeared before the Senate Banking Committee in his ...

Treasurys Up Amid Lingering Subprime JittersContinued jitters about the subprime mortgage market boosted U.S. Treasury bond prices on Monday, as worried investors again turned to the safe haven of government bonds.At 5 p.m. EDT, the 10-year Treasury note was up $4.38 per ...

Foreclosures Surge in Subprime Market, Industry Group ReportsLate payments and new foreclosures on adjustable-rate home mortgages made to people with spotty credit climbed to all-time highs in the first three months of the year.The Mortgage Bankers Association, in its latest snapshot of ...

Bernanke Says Fed Looking at Ways to Prevent Abusive Mortgage Lending PracticesFederal Reserve Chairman Ben Bernanke says the central bank is considering tougher rules to crack down on abusive practices by mortgage lenders. But he says the economy should escape without significant ...

Federal Reserve Chairman Ben Bernanke Expects Economy Will Rebound in Months AheadFederal Reserve Chairman Ben Bernanke predicted Tuesday the economy will rebound from its anemic start of the year even if the housing slump persists. Wall Street slid, taking the news as ...