Reduce liability for losses on commercial accounts by adhering to four requirements.
The Beige Book is published eight times per year by the Federal Reserve Bank. Each Federal Reserve Bank gathers anecdotal information on current economic conditions in its district through reports from bank and branch directors and interviews with key business contacts, economists, market experts and other sources. The Beige Book summarizes this information by dstrict and sector. An overall summary of the 12 district reports is prepared by a designated Federal Reserve Bank on a rotating basis.
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FHFA: Fannie and Freddie Of Little Value Without Government Guarantees
May 6 - The Federal Housing Finance Agency has released reports prepared by Fannie Mae and Freddie Mac on their multifamily businesses. The reports were conducted at the direction of FHFA pursuant to... >>more
OCC: Independent Foreclosure Review Payments Near $1.7 Billion
May 6 - More than 1.8 million people have cashed or deposited nearly $1.7 billion in checks related to the Independent Foreclosure Review Payment Agreement through May 2, 2013, according to the... >>more
FHFA Limiting Fannie, Freddie Loan Purchases to Qualified Mortgages
May 6 - The Federal Housing Finance Agency has announced that it is directing Fannie Mae and Freddie Mac to limit their future mortgage acquisitions to loans that meet the requirements for a... >>more
OCC to Host Workshops in South Dakota
May 2 - The Office of the Comptroller of the Currency will host two workshops in Sioux Falls, S.D., at the Holiday Inn Sioux Falls – City Centre, June 11-12, for directors of national community banks... >>more
Freddie Mac: Mortgage Rates Keep Pushing Lower
May 2 - Freddie Mac (OTCQB: FMCC) has released the results of its Primary Mortgage Market Survey showing average fixed mortgage rates moving lower for the fifth consecutive week amid the weaker than... >>more