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Monday, May 20, 2013 Subscribe to NewsGator

Tag Archives: Federal Reserve

Tuesday, May 14, 2013

Goldman Sachs, Morgan Stanley borrowers to receive additional payment under IFR

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The Federal Reserve told borrowers whose mortgages were serviced by Morgan Stanley and Goldman Sachs would receive additional payments under the Independent Foreclosure Review payment agreement after they received less than the promised amount in the last payment. Last year, … Read More…

Friday, May 3, 2013

Fed continues bond-buying stimulus program in effort to keep interests rates low

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The Federal Reserve decided on Wednesday to continue its $85 billion-per-month bond-buying program as part of an effort to keep interest rates low amid positive signs of economic recovery. Recent economic reports revealed improvement in the U.S. labor market, despite … Read More…

Monday, April 22, 2013

House subcommittee criticizes Fed for lack of criteria identifying threats to financial stability

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Nearly three years after the passage of the Dodd-Frank Act, federal regulators have not yet clarified their authority under Dodd-Frank to dismantle “too big to fail” institutions. “To date, the Fed and the FDIC have not judged a living will … Read More…

Friday, April 19, 2013

Fed Governor Jeremy Stein: Regulators have addressed TBTF but more work remains

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Federal Reserve Governor Jeremy C. Stein said during a Wednesday speech that while regulators have made significant progress in regard to fixing America’s “too big to fail” problem, much work remains. Stein said increased capital requirements, stress testing provisions and … Read More…

Wednesday, April 10, 2013

Bernanke: Stress testing has made banking system, economy stronger

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Federal Reserve Chairman Ben Bernanke said in a recent speech that stress testing provides market participants with “deeper insight…into the financial strength of each bank,” adding that it forced banks to develop plans to ensure liquidity. “The Supervisory Capital Assessment … Read More…

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