Consumers going through foreclosure typically will see their credit scores drop, raising longer-term questions about their ability to rebound financially and perhaps… — Ben Bernanke Copy Share Image
Well, the U.S., of course, is the world's largest economy. It's about a quarter of the world's output. It's also home to… — Ben Bernanke Copy Share Image
The decline in home equity makes it more difficult for struggling homeowners to refinance and reduces the financial incentive of stressed borrowers… — Ben Bernanke Copy Share Image
For many of us, owning a home signaled a passage into adulthood that coincided with the start of a career and family. — Ben Bernanke Copy Share Image
I came home from school one day, and there was a phone call for me. And I picked up the phone. They… — Ben Bernanke Copy Share Image
Home purchases that are very highly leveraged or unaffordable subject the borrower and lender to a great deal of risk. Moreover, even… — Ben Bernanke Copy Share Image
Many savers are also homeowners; indeed, a family's home may be its most important financial asset. Many savers are working, or would… — Ben Bernanke Copy Share Image
The crisis and recession have led to very low interest rates, it is true, but these events have also destroyed jobs, hamstrung… — Ben Bernanke Copy Share Image
We do not expect significant spillovers from the subprime market to the rest of the economy or to the financial system. — Ben Bernanke Copy Share Image
In the past, Federal Reserve chairmen have not generally gone directly to the public. — Ben Bernanke Copy Share Image
The U.S. government has a technology, called a printing press (or, today, its electronic equivalent), that allows it to produce as many U.S. dollars… — Ben Bernanke Copy Share Image
The Depression was an incredibly dramatic episode - an era of stock-market crashes, breadlines, bank runs and wild currency speculation, with the storm clouds… — Ben Bernanke Copy Share Image
Community development has a long history of innovation and learning from experience. — Ben Bernanke Copy Share Image
To be sure, the provision of liquidity alone can by no means solve the problems of credit risk and credit losses; but it can… — Ben Bernanke Copy Share Image
Consumers going through foreclosure typically will see their credit scores drop, raising longer-term questions about their ability to rebound financially and perhaps pursue a… — Ben Bernanke Copy Share Image
If you are not happy with yourself, even the loftiest achievements won't bring you much satisfaction. — Ben Bernanke Copy Share Image
High levels of homeownership have been shown to foster greater involvement in school and civic organizations, higher graduation rates, and greater neighborhood stability. — Ben Bernanke Copy Share Image
...the Federal Reserve has the capacity to operate in domestic money markets to maintain interest rates at a level consistent with our economic goals — Ben Bernanke Copy Share Image
