Fed Urges Action on Housing Bank Warns Congress That Tight Lending Standards Threaten Wider Economy

Yesterday’s WSJ reports that: “The Federal Reserve, in an unusual foray into housing policy, expressed alarm over the battered home market and called for more aggressive action from Congress and other policy makers.” Full article requires subscription and can be found here. This, once again, underscores the importance of housing for the economy. Check out the video interview of WSJ reporter, Nick Timiroas, a leading national authority on real estate.

4 Responses to “Fed Urges Action on Housing Bank Warns Congress That Tight Lending Standards Threaten Wider Economy”

1. Karen Donaldson says:

   February 1, 2012 at 2:27 am

   Congress has already help the housing market soo much. I'm sure they can fix this problem too in a day. N-O-T!
2. suzanne Valentin says:

   February 2, 2012 at 8:52 pm

   jeez.. not more restrictions
3. karen donaldson says:

   February 2, 2012 at 10:22 pm

   It's possible if people dont speak up
4. Deadra Spurr says:

   February 19, 2012 at 6:42 pm

   Great justification. I like to see clearly IMDB