Testifying before the Senate Banking Committee on risk management and systemic risk, Federal Reserve Vice-Chairman Donald Kohn said that while liquidity pressures have eased, the Federal Reserve must protect the markets from a possible relapse.
Kohn said that home loan losses are increasingly significantly and that the commercial real estate market needs to be supervised closely. [...]
Entries Tagged as 'Home Loans'
Fed Must Protect the Markets from Relapse, Kohn Says
June 21st, 2008 · No Comments
Tags: Home Loans