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All Tags » federal reserve » donald kohn » bank reserves (

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Fed's Kohn Tells Banks to Strengthen Reserves

Speaking before the Senate Banking Committee in Washington, D.C., Federal Reserve Vice Chairman Donald Kohn warned that banks need to strengthen reserves in order to improve liquidity. Kohn told the committee that bank reserves have not kept up with rising problems and that the problems may extend to...

Posted to MND NewsWire by Glenn Setzer on Thu, Jun 5 2008
Filed under: Filed under: Federal Reserve, donald kohn, bank reserves

Page 1 of 1 (1 items)

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Mortgage Rates:

30 Yr FRM 3.88%
|
15 Yr FRM 3.25%
|
Jumbo 30 Year Fixed 4.14%

MBS Prices:

30YR FNMA 4.5 106-17 (-0-03)
|
30YR FNMA 5.0 107-31 (-0-02)
|
30YR FNMA 5.5 108-29 (-0-01)

Recent Housing Data:

Mortgage Apps -1.01%
|
Refinance Index 0.83%
|
NAHB Builder Confidence 16.00%

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Fed's Kohn Tells Banks to Strengthen Reserves

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