Posts Tagged ‘Ben Bernanke’

Fed chairman, Ben Bernanke addresses the Economic Club of Minnesota on the U.S. economy, saying the nation's economic problems are more than just temporary and the Fed has a range of tools to provide additional stimulus....(read more)

Fed chief Ben Bernanke shares the new set of rules coming from the Fed this summer to a big bank near you. CNBC's Steve Liesman has the details....(read more)

The MBA agrees with us, the mortgage industry is no where near ready to implement new originator compensation. Originator Compensation Reform: Putting the Cart Before the Horse From the MBA.... On Thursday, December 16, 2010, the Mortgage Bankers Association (MBA) sent the attached letter to Ben Bernanke, Chairman, and Saundra Bernstein, Director, Consumer and Community Affairs Division, of the Federal Reserve, requesting written guidance to help the industry implement the Board’s final rule on loan originator compensation and steering published on September 24, 2010. In the letter, MBA President and CEO John Courson asks for written guidance confirming previous direction that the Board staff has graciously provided MBA and its members either verbally or in person. MBA, on behalf of its...(read more)