US Treasury Secretary Henry Paulson is pressing the US mortgage industry to help large groups of borrowers automatically, worried lenders will be unable to staunch a worsening morgage crisis if they try to fix loans one-by-one. In an interview with the Wall Street Journal published overnight, Mr Paulson said he was "aggressively encouraging" the mortgage servicers to develop new criteria that would speed the qualification of certain borrowers for better terms more quickly as...
Fed to auction $75 billion in Treasuries to ease credit woes
Stockhouse
Stockhouse
The Federal Reserve announced Wednesday it will auction an additional $75 billion in super-safe Treasury securities to big investment firms, part of an ongoing effort to help strained credit markets. The auction the fifth of its kind will be held...
Fed auctions $59 billion in Treasury securities
Houston Chronicle
Houston Chronicle
TOOLS WASHINGTON - The Federal Reserve has auctioned $59.46 billion in super-safe Treasury securities to big investment firms, part of an ongoing effort to help strained credit markets. The auction - the fifth of its kind - was held today and fetched...
Fed auctions $59.46 billion in Treasury securities
Fresno Bee
Fresno Bee
WASHINGTON (AP) The Federal Reserve has auctioned $59.46 billion in super-safe Treasury securities to big investment firms, part of an ongoing effort to help strained credit markets. The auction - the fifth of its kind - was held Thursday and fetched...
Fed to auction another $75 billion in Treasury securities to relief stressed credit markets
Star Tribune
Star Tribune
WASHINGTON - The Federal Reserve announced Wednesday it will auction an additional $75 billion in super-safe Treasury securities to big investment firms, part of an ongoing effort to help strained credit markets. The auction — the fifth of its...
Treasury Ramps Up Pressure On Mortgage Companies
Wall Street Journal
Wall Street Journal
WASHINGTON -- The Treasury Department is ramping up pressure on mortgage companies and will...
Fed auctions $24.12 billion in Treasuries to ease credit
Buffalo News
Buffalo News
The Federal Reserve has auctioned $24.12 billion in super-safe Treasury securities to big investment firms, part of an ongoing effort to ease credit problems. The auction - the sixth of its kind - was...
Fed auctions $59.46 billion in US Treasury securities to investment firms
International Herald Tribune
International Herald Tribune
: The Federal Reserve has auctioned $59.46 billion (€37.71 billion) in super-safe Treasury securities to big investment firms, part of an ongoing effort to help strained credit markets. The auction - the fifth of its kind - was held Thursday...
Fed auctions $24 billion in Treasuries to ease credit
Houston Chronicle
Houston Chronicle
TOOLS WASHINGTON - The Federal Reserve has auctioned $24.12 billion in super-safe Treasury securities to big investment firms, part of an ongoing effort to ease credit problems. The auction - the sixth of its kind - was held today and fetched bids...
Fed auctions $59.46 billion in Treasury securities to investment firms
Star Tribune
Star Tribune
WASHINGTON - The Federal Reserve has auctioned $59.46 billion in super-safe Treasury securities to big investment firms, part of an ongoing effort to help strained credit markets. The auction — the fifth of its kind — was held Thursday...
Fed auctions $24.12 billion in Treasuries, part of ongoing effort to ease credit stresses
Star Tribune
Star Tribune
WASHINGTON - The Federal Reserve has auctioned $24.12 billion in super-safe Treasury securities to big investment firms, part of an ongoing effort to ease credit problems. The auction — the sixth of its kind — was held Thursday and...
Treasury Plans to Press Lenders
Wall Street Journal
Wall Street Journal
WASHINGTON -- The Treasury Department, in an effort to make its main program for helping home borrowers hit by the subprime mess more effective, plans to step up pressure on mortgage companies. Officials have called a six-hour meeting Tuesday with...


