Government Archive


Mortgage Bill Could Be Revived

Monday, August 10th, 2009
RISMEDIA, August 11, 2009-(The Hill)-Senate Majority Whip Dick Durbin (D-Ill.) said on Monday of last week that if the financial industry


Fed Plans Consumer-Friendly Changes to Mortgage Rules

Sunday, July 26th, 2009
RISMEDIA, July 27, 2009-(MCT)-Federal Reserve governors unanimously proposed tough new consumer-friendly disclosure rules


Federal Reserve Chairman Ben Bernanke Predicts Muted Economic Improvement

Wednesday, July 22nd, 2009
RISMEDIA, July 23, 2009-(MCT)-During his semiannual report to Congress earlier this week, Federal Reserve Chairman Ben S. Bernanke expressed concerns


The Bailouts Continue – Life Insurance Receives Next Lifeline

Sunday, April 12th, 2009
RISMEDIA, April 13, 2009-(MCT)-The Treasury Department confirmed that life insurers are qualified to join banks and carmakers on the list of industries getting taxpayer bailouts. ...


American Taxpayers Planning to Save Rather Than Spend

Monday, March 30th, 2009
RISMEDIA, March 31, 2009-As the tax deadline approaches, many Americans have refunds on their mind. While the arrival of a refund once meant a shopping spree to many, this year, Americans are skipping the spring sales to boost their savings and eliminate debt, according to a new survey released by ...


Federal Reserve’s Announcement Spurs Refinance Activity in Latest MBA Weekly Survey

Wednesday, March 25th, 2009
RISMEDIA, March 26, 2009-The Mortgage Bankers Association (MBA) released its Weekly Mortgage Applications Survey for the week ending March 20, 2009. The Market Composite Index, a measure of mortgage loan application volume, was 1159.4, an increase of 32.2% on a seasonally adjusted basis from 876.9 one week earlier. On an ...


Some Experts Unsure Whether Federal Buy-Up of Bank Debt Will Work

Tuesday, March 24th, 2009
RISMEDIA, March 25, 2009-(MCT)-Yesterday's announcement by Treasury Secretary Timothy Geithner that disclosed the details of the long-awaited and highly-anticipated $1 trillion plan to relieve the nation's banks of the bad debt that has crushed lending and helped put the country into a recession has some economists and business experts unsure ...


Treasury Delivers Details of ‘Toxic Asset’ Treatment Plan

Monday, March 23rd, 2009
RISMEDIA, March 28, 2009-(MCT)-Treasury Secretary Timothy Geithner took the wraps off a long-awaited key component of the Obama administration's bank rescue plan, detailing a public-private partnership to buy up the so-called toxic assets that are polluting bank balance sheets. ...


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