PORTAL Finance Blog

Category Archives: Federal Reserve Bank

Funny Money – Made in the U.S.A.

The Federal Reserve Bank disclosed yesterday that it made $3.3 trillion in loans during the “crisis of confidence.” No, it’s not a joke. Yes, that’s trillion with a “t.” The Fed “loans” reached all over the planet. Unbelievable. If the … Continue reading →

December 3, 2010 at 3:09 pm | Federal Reserve Bank, Financial

Don’t Mess with The Fed

Once in a blue moon, the light bulb clicks in my head and I think I get the big picture.  Just as I was questioning why The Federal Reserve Bank would want to continue to inflate the money supply for … Continue reading →

November 8, 2010 at 11:17 pm | Federal Reserve Bank, Financial

Fed wants to expand the Money Supply again: Why?

In an effort to boost the suffering U.S. economy, The Federal Reserve Bank wants to print more (borrowed) dollars and use them to buy Treasury bills in an effort to reduce long term interest rates.  The theory is that lower … Continue reading →

November 1, 2010 at 11:58 pm | Federal Reserve Bank, Financial

Big Change to Mortgage Rules

The Federal Reserve Bank finally banned “yield spread premiums” (YSP).  Banks and mortgage brokers used YSP to give you a higher interest rate on your mortgage and get additional compensation for it.  Here are the basics on how that practice … Continue reading →

August 20, 2010 at 12:57 pm | Federal Reserve Bank, Financial

The Joke is on Small Business….

Every day we hear in the news about how the government is using all of its available tools to help small businesses rebound.  Representatives from The Federal Reserve Bank told me right to my face that small business accounts for … Continue reading →

July 17, 2010 at 2:28 pm | Federal Reserve Bank, Financial

SBA and The Federal Reserve Bank

Recently, I had the pleasure of being invited to participate in a “Small Business Access to Credit Roundtable” which was hosted by The Federal Reserve Bank.  It is rare for the King (Federal Reserve Bank) to summon the peasants (small … Continue reading →

July 5, 2010 at 12:45 pm | Business, Federal Reserve Bank, Financial, SBA Small Business

The Problem Children: Fannie Mae and Freddie Mac

Have you ever read an article and hoped that the math that they were using was wrong?  I just had that experience on Saturday while reading an article about Fannie Mae and Freddie Mac.  You didn’t forget about them did … Continue reading →

June 22, 2010 at 9:55 pm | AIG, Automotive, Chrysler, Fannie Mae, Federal Reserve Bank, Financial, GM, Investing, Real Estate

The Federal Reserve Bank and Small Business Credit

The Federal Reserve Bank wants to learn about innovative solutions that can help to alleviate the current small business credit crisis.  The Fed’s concern is certainly noble, but what is different about this crisis from previous ones? Every ten years … Continue reading →

June 13, 2010 at 8:06 pm | Federal Reserve Bank, Financial

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