WASHINGTON, Dec. 4 (UPI) -- The U.S. Treasury Department is considering direct intervention in the mortgage industry to drive down costs and lift the market, officials said.
WASHINGTON, Nov. 27 (UPI) -- Two new U.S. government programs to kick-start loans for consumers will take time to kick in and do not help borrowers with bad credit, experts said.
WASHINGTON, Nov. 25 (UPI) -- The U.S. Federal Reserve Board said Tuesday it would create a new program to help investors purchase credit card-, student- and auto-loan backed securities.
WASHINGTON, Oct. 13 (UPI) -- The U.S. Treasury said Monday it would implement the $700 billion bailout package with a five-point strategy.
WASHINGTON, Sept. 16 (UPI) -- The Federal Open Market Committee kept the U.S. central bank's key funds rate unchanged in spite of pressure to add liquidity to struggling financial markets.
BEIJING, Sept. 12 (UPI) -- A leading investment bank in China said the country may trim the portion of its currency reserves tied to U.S. dollars.
WASHINGTON, Sept. 12 (UPI) -- U.S. regulators are pitching in to carve out a scenario for Lehman Brothers Holdings that would have the least damage to financial markets, sources said.
TOKYO, Sept. 9 (UPI) -- Major Japanese banks as of June held about $93 billion in bonds and securities of U.S. government bailed out mortgage giants, the government said Tuesday.
WASHINGTON, Sept. 8 (UPI) -- The announced U.S. takeover of two mortgage giants sent stock indexes in Asia and Europe higher Monday.
WASHINGTON, July 22 (UPI) -- Regulators are examining the books of the two largest U.S. mortgage brokers in advance of congressional votes on a federal rescue plan, officials said.
WASHINGTON, July 15 (UPI) -- U.S. Treasury Secretary Henry Paulson Jr. said Tuesday that two troubled mortgage giants should remain in the hands of shareholders.
WASHINGTON, May 6 (UPI) -- Two companies that handled 80 percent of the U.S. mortgage business in the first quarter of 2008 may be in trouble, financial leaders in Washington said.
WASHINGTON, April 28 (UPI) -- U.S. lenders are criticizing Federal Reserve proposals they say would slow lending in an already poor mortgage market, financial experts said.
WASHINGTON, April 5 (UPI) -- Senate Banking Committee Chairman Christopher Dodd has vowed to push legislation to help struggling U.S. homeowners avoid foreclosure.
WASHINGTON, March 11 (UPI) -- The U.S. Federal Reserve announced Tuesday it will lend $200 billion in Treasury securities to help pump dollars into the U.S. economy.
