Home | Contact Us | Weather Report

MontNews.com - News, Issues, Views
 

Look for It

Categories

Feb
4

Fed Extends Liquidity Programs

written by

The Federal Reserve on Tuesday announced the extension through October 30, 2009, of its existing liquidity programs that were scheduled to expire on April 30, 2009. The Board of Governors and the Federal Open Market Committee (FOMC) took these actions in light of continuing substantial strains in many financial markets.
The Board of Governors approved [...]

Read More About - Fed Extends Liquidity Programs »

Jan
28

Federal Reserve’s Position on the Housing Crisis

written by

by AllRealEstate.com
The Federal Reserve continues to offer plans for owners of distressed real estate.
“The goal of the policy is to avoid preventable foreclosures on residential mortgage assets that are held, owned or controlled by a Federal Reserve Bank,” Fed Chairman Ben Bernanke wrote in a letter Tuesday to Rep. Barney Frank, D-Mass., chairman of the [...]

Read More About - Federal Reserve’s Position on the Housing Crisis »

Jan
28

Interest Rates: Federal Reserve Auction Yields .25% Rate

written by

by Widgette.com
On January 26, 2009, the Federal Reserve conducted an auction of $150 billion in 84-day credit through its Term Auction Facility. Following are the results of the auction:
Stop-out rate: 0.250 percent
Total propositions submitted: $136.051 billion
Total propositions accepted: $136.051 billion
Bid/cover ratio: 0.91
Number of bidders: 102
The awarded loans will settle on January 29, 2009, and will [...]

Read More About - Interest Rates: Federal Reserve Auction Yields .25% Rate »

Jan
14

Federal Reserve Board: Resources for Consumers Mortgage Foreclosures

written by

If you are having difficulty making your mortgage payment, one of the most important things you can do is seek assistance. The following resources provide information and links to agencies and organizations that may be able to help you.
If you are having difficulty making your mortgage payment, one of the most important things you can [...]

Read More About - Federal Reserve Board: Resources for Consumers Mortgage Foreclosures »