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Foreclosures Must Be Averted for Sake of Economy

Fed Chairman Ben Bernanke said accelerating rates of foreclosures and delinquencies can have a significant impact on the economy and called for more to be done in order to prevent them. Speaking Monday night at the Columbia Business School's 32nd annual dinner, Bernanke said the rate of foreclosures...

Posted to MND NewsWire by Glenn Setzer on Tue, May 6 2008
Filed under: Filed under: Freddie Mac, Fannie Mae, Federal Reserve, FHA, foreclosures, ben bernanke, mortgage market

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Browse Blog Posts by Tags

Foreclosures Must Be Averted for Sake of Economy