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Federal Reserve

Federal Reserve
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Top Federal Reserve Articles

Displaying items 37-48
  • State's foreclosure mediation lacks teeth, advocate say

    State's foreclosure mediation lacks teeth, advocate say
    After losing her job as a teacher, Guernica Williams tried for months to get her bank to modify the mortgages on her Windsor Mills home. When her unemployment insurance ended in 2012 and she defaulted, she kept trying, leaving voice mails for a changing...
  • Obamacare and the tea party

     Obamacare and the tea party
    Political parties delight when there are rifts within their opponent's ranks. As a member of the tea party, I've been verbally attacked by everyone from President Barack Obama to the friends with whom I work. The Democrats rolled out an enormous...
  • America needs more tea party 'extremists'

     America needs more tea party 'extremists'
    State Sen. Jim Rosapepe castigates tea party Republicans for the recent shutdown, referring to them as "illiterate political extremists" and "power hungry opportunists" ("We have a deal, but the damage is already done," Oct. 17). Although attempting...
  • Memories of the financial crisis, five years later

    Memories of the financial crisis, five years later
    The excited voices on CNBC radio riveted financial adviser John Bacci's attention as he drove to Chestertown five years ago for a routine client visit. The stock market was in freefall that Sept. 29 after Congress rejected a $700 billion rescue of the...
  • Yes, Republicans, a default would be a really big deal

    Yes, Republicans, a default would be a really big deal
    The latest out of the extreme conservative wing of the Republican party is that a failure of the U.S. government to take the steps necessary to pay all its bills on time would be no biggie. They say we could juggle things around and avoid missing any...
  • Robert L. Tate, business owner

    Robert L. Tate, business owner
    Robert Lamont Tate, who founded two industrial manufacturing businesses and was a former president of the Maryland Chamber of Commerce, died of heart disease Oct. 5 at his Sarasota, Fla., home. The former Ruxton resident was 89. Born in Baltimore, he was...
  • Home prices continue steady rise, as sales slow

    Home prices continue steady rise, as sales slow
    Home prices in the Baltimore metro region continued a slow and steady climb in November, while sales grew sluggish, a seasonal trend exacerbated by economic uncertainty. Home prices rose just over 4 percent in November compared with the same time last...
  • At your liberty: Statue of Liberty to reopen July 4

    At your liberty: Statue of Liberty to reopen July 4
    On a sun-splashed afternoon that marked the second day of summer, I joined a diverse throng of men, women and children, all waiting to board the Staten Island Ferry — a hulking orange vessel that provides free commuter service between Manhattan...
  • Consumer agency director coming to Baltimore to announce new mortgage rule

    Consumer agency director coming to Baltimore to announce new mortgage rule
    Richard Cordray, the director of the Consumer Financial Protection Bureau, is expected to announce the issuance of a pioneering federal rule Thursday that is intended to help prevent a repeat of the risky mortgage lending that led to the recent housing...
  • U.S. suit against S&P: Bad for business, bad for democracy

    U.S. suit against S&P: Bad for business, bad for democracy
    The Justice Department is accusing Standard & Poor's of defrauding investors with optimistic ratings of mortgage-backed securities and derivatives prior to the financial crisis. While investors are entitled to answers about those conflicts, compensation...
  • The economic elephant in the room: widening inequality

    The economic elephant in the room: widening inequality
    Four years into a so-called recovery, and we're still below recession levels in every important respect except the stock market. A measly 88,000 jobs were created in March, and total employment remains some 3 million below its pre-recession level....
  • Things to know for Wednesday

    Things to know for Wednesday
    Toronto residents and their Baltimore cousins are fighting heat. (Ours is worse, but they have less cooling infrastructure to fight it.) A cartoonist/runner, meanwhile, is fighting what he calls "The Blerch." And Tour de France riders are fighting for the...