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Latest Federal Reserve System Stories

2014-02-11 16:24:11

MIAMISBURG, Ohio, Feb. 11, 2014 /PRNewswire/ -- NewPage Holdings Inc. ("NewPage") today announced that its wholly-owned subsidiary, NewPage Corporation, closed on financing consisting of a new $750 million term loan facility led by Credit Suisse Securities (USA) LLC (the "Term Loan Facility") and a new $350 million ABL Facility led by Barclays Bank PLC (the "ABL Facility" and, together with the Term Loan Facility, the "Facilities"). Amounts drawn under the Term Loan Facility will bear...

2014-02-11 08:25:12

CAMBRIDGE, Mass., Feb. 11, 2014 /PRNewswire/ -- Economists at The Brattle Group have prepared a report for the Federal Energy Regulatory Commission (FERC) that assesses the economic and reliability implications of different resource adequacy standards. Released by the FERC Sunday at the FERC-NARUC Collaborative, the report finds that the common one-day-in-ten-years ("1-in-10") resource adequacy standard varies greatly in how it is applied across North America. The Brattle report surveys...

2014-01-28 23:00:59

Blue Loan Services takes a look at the current situation and gives some advice for mortgage seekers. San Diego, CA (PRWEB) January 28, 2014 As a full service mortgage company, Blue Loan Services and its team of experienced mortgage professionals has been providing California mortgage borrowers with the best loan products, the lowest rates and fees, and access to the top lenders and realtors for many years. The company also works to inform their clients of any changes in the finance or...

2014-01-21 16:22:49

TheStreet and RateWatch Report Top National & Regional CD Rate Issuers NEW YORK, Jan. 21, 2014 /PRNewswire/ -- RateWatch, a premier banking data and analytics service owned by TheStreet, Inc. (NASDAQ: TST) reported today that national averages for 5-year and 3-year CD rates each increased this week by a basis point, while other durations remained unchanged as the Federal Reserve has continued to keep the short-term federal funds rate at a range of zero to 0.25% since late 2008....

2014-01-14 16:23:23

TheStreet and RateWatch Report Top National & Regional CD Rate Issuers NEW YORK, Jan. 14, 2014 /PRNewswire/ -- RateWatch, a premier banking data and analytics service owned by TheStreet, Inc. (NASDAQ: TST) reported today that national averages for 3-year CD rates decreased one basis point this week, while other durations remained unchanged as the Federal Reserve has continued to keep the short-term federal funds rate at a range of zero to 0.25% since late 2008. (Logo:...

2013-12-09 23:27:33

LoanLove.com comments on recent speculation about the Fed’s buyback program and how its eventual tapering will affect mortgage borrowers. San Diego, CA (PRWEB) December 09, 2013 LoanLove.com is a borrower advice website that focuses on providing borrowers with all that they will need to find a loan that they will love via in-depth information that is provided in a concise, easy to understand and even entertaining way that both new loan borrowers and experienced home owners will be able...

2013-12-07 23:03:13

LoanLove.com comments on the recent rate increases and explains how the Fed’s Bonds Buying Program affects home loan borrowers. San Diego, CA (PRWEB) December 07, 2013 LoanLove.com is a borrower advice website that provides detailed insights into the mortgage industry in a fun and entertaining way. The team at LoanLove.com is devoted to help empower both first time and experienced homeowners with valuable resources, first-class knowledge and connections to top-rated industry...

2013-12-05 23:27:22

LoanLove.com comments on the recent speculation about whether or not the Fed will decide to taper their spending this December and explains why this decision will have a big impact on mortgage borrowers. San Diego, CA (PRWEB) December 05, 2013 LoanLove.com is a borrower advice website that offers information and tools that can help even the most experienced homeowner, in a clear and simple way that even the newest potential loan borrower will understand. With their connections to some of...


Word of the Day
vermicular
  • Like a worm in form or movement; vermiform; tortuous or sinuous; also, writhing or wriggling.
  • Like the track or trace of a worm; appearing as if worm-eaten; vermiculate.
  • Marked with fine, close-set, wavy or tortuous lines of color; vermiculated.
  • A form of rusticated masonry which is so wrought as to appear thickly indented with worm-tracks.
This word ultimately comes from the Latin 'vermis,' worm.
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