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Last updated on April 23, 2014 at 21:24 EDT

Latest Federal Reserve System Stories

2013-09-26 23:28:13

Getting a poor credit business bank loan is next to impossible. Alternative capital resources are filling the void for small businesses, franchises and restaurants with simple applications, affordable rates, and fast funding. Nationwide (PRWEB) September 26, 2013 Small business loan providers are ubiquitous, but lending is still tight across the country. Big banks continue to hedge risk by requiring substantial collateral, a personal guarantee, along with a spotless credit record. With...

2013-09-19 23:19:18

McGeough Lamacchia Realty says the housing market will benefit from the Federal Reserve’s decision that it will not taper the bond buying program. Waltham, MA (PRWEB) September 19, 2013 The Federal Reserve released a statement* Wednesday at 2:00 PM that it will not taper quantitative easing, the $85 billion-a-month mortgage bond purchasing program designed to keep interest rates low to encourage people to borrow and invest. The Fed said it needed to see more improvement in the economy...

2013-09-18 20:20:43

NEW YORK, Sept. 18, 2013 /PRNewswire/ -- Roubini Global Economics (RGE), an independent, global macroeconomics and strategy research firm, highlights its out-of-consensus call that the U.S. Federal Reserve would not "taper" the pace of quantitative easing at its September policy meeting, an assessment confirmed by the Federal Open Market Committee (FOMC) in a statement today. RGE first expressed this view at the beginning of the year, and the following key points from the FOMC's press...

2013-09-17 16:22:07

TheStreet and RateWatch Report Top National & Regional CD Rate Issuers NEW YORK, Sept. 17, 2013 /PRNewswire/ -- RateWatch, a premier banking data and analytics service owned by TheStreet, Inc. (NASDAQ: TST) reported today that national averages for CD rates remain unchanged at record-low levels. (Logo: http://photos.prnewswire.com/prnh/20130219/NY62571LOGO )(Logo: http://photos.prnewswire.com/prnh/20130102/NY35868LOGO-b ) "CD rates showed no deviations this week as financial...

2013-09-17 12:31:50

GREELEY, Colo., Sept. 17, 2013 /PRNewswire/ -- JBS USA, LLC ("JBS USA"), a wholly owned subsidiary of JBS S.A. ("JBS"), today announced that it intends to exercise the early purchase option in respect of the previously announced offer to purchase for cash (the "Tender Offer") any and all of the outstanding 11.625% Senior Notes due 2014 (the "Notes") issued by JBS USA and JBS USA Finance, Inc. (together with JBS USA, the "Issuers") and the related consent solicitation (the "Consent...

2013-09-10 23:31:04

Popular alternative lender, Business Cash Advance Guru, announces that it is making available an expanded business commercial loan product. Small businesses are urged to contact the lender immediately to learn about all the options. Nationwide (PRWEB) September 10, 2013 Companies medium and small can now find an affordable business commercial loan option through alternative lender, Business Cash Advance Guru. The news is welcomed by the small business community, particularly those...

2013-09-08 23:03:48

LoanLove.com helps home loan borrowers understand how the recent jobs report will affect rates with a new article. San Diego, CA (PRWEB) September 08, 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 professionals and has the...

2013-09-06 23:21:45

Small businesses, still having to cope with the after effects of the national and worldwide economic downturn, will be pleased to learn that alternative lenders are offering affordable resources for small business loans. Nationwide (PRWEB) September 06, 2013 While large corporate banks hold nearly $2 trillion in their reserves and are not extending lines of credit, there are other resources for small business loans besides credit unions, which have also posted declines in lending...

2013-09-03 23:24:24

Small businesses seeking where to find business working capital with bad credit should take a look at the alternative lending market. Nationwide (PRWEB) September 03, 2013 For years, large corporate banks have actually reported decreases in their business lending, which in turn, costs average consumers more for everyday goods and services. “Small, mid-size and large banks have each reported a steady decline in small business loans since the recession, and each has followed a downward...

2013-09-03 23:00:57

A new article from LoanLove.com takes a look at the Fed's bonds buying activity and explains the effect it has on mortgage interest rates. San Diego, CA (PRWEB) September 03, 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...