3 Articles match "Chicago","Prediction"

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Bernanke: Free Market Can Curb Foreclosures
In remarks he made yesterday in Chicago, Federal Reserve Board Chairman Ben S. And he predicted "further increases in delinquencies and foreclosures this year and the next as many adjustable-rate loans face interest-rate resets." Bernanke talked extensively about how he believes the Federal Reserve Board should respond to rising foreclosures — specifically in the subprime mortgage market. His conclusion came down in favor of the free market: "Credit market innovations have expanded opportunities for many households.
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Mayors Predict Rising Foreclosures in 2008
Nearly 130 cities around the country will face sluggish growth, as economic activity expansion is reduced by more than a third in 65 metro areas alone, the report predicts. billion, Dallas and Washington at $4 billion each, and Chicago at $3.9 Tell us what you think. Posted 11-29-2007 7:46 AM by Octavion Filed under: Foreclosure Mounting home foreclosures will lead to “profound” effects on the economy next year, bleeding billions of dollars in lost tax revenues, shrinking job growth and reducing consumer spending in the nation’s major metropolitan areas, according to a new report released this week by the U.S.
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Recession Risk Rising
We can’t take growth for granted,” Bush said last week in Chicago, acknowledging that “recent economic indicators have become increasingly mixed.” Meanwhile, Federal Reserve Chairman Ben Bernanke said this week that the central bank is not predicting a recession, but sees “slow growth ahead.” “The Federal Reserve is not currently forecasting a recession,” explained Bernanke , responding to a question asked after his speech. “We Amid fears the economy could be slipping into a recession , President George W. Bush abandoned his usually sunny rhetoric last week and painted
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Mayors Predict Rising Foreclosures in 2008
    Nearly 130 cities around the country will face sluggish growth, as economic activity expansion is reduced by more than a third in 65 metro areas alone, the report predicts. billion, Dallas and Washington at $4 billion each, and Chicago at $3.9 Tell us what you think. Posted 11-29-2007 7:46 AM by Octavion Filed under: Foreclosure Mounting home foreclosures will lead to “profound” effects on the economy next year, bleeding billions of dollars in lost tax revenues, shrinking job growth and reducing consumer spending in the nation’s major metropolitan areas, according to a new report released this week by the U.S.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Recession Risk Rising
    We can’t take growth for granted,” Bush said last week in Chicago, acknowledging that “recent economic indicators have become increasingly mixed.” Meanwhile, Federal Reserve Chairman Ben Bernanke said this week that the central bank is not predicting a recession, but sees “slow growth ahead.” “The Federal Reserve is not currently forecasting a recession,” explained Bernanke , responding to a question asked after his speech. “We Amid fears the economy could be slipping into a recession , President George W. Bush abandoned his usually sunny rhetoric last week and painted
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Bernanke: Free Market Can Curb Foreclosures
    In remarks he made yesterday in Chicago, Federal Reserve Board Chairman Ben S. And he predicted "further increases in delinquencies and foreclosures this year and the next as many adjustable-rate loans face interest-rate resets." Bernanke talked extensively about how he believes the Federal Reserve Board should respond to rising foreclosures — specifically in the subprime mortgage market. His conclusion came down in favor of the free market: "Credit market innovations have expanded opportunities for many households.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE