elizabeth a. duke

Simone Baribeau

Restructurings haven’t yet worked on a large scale with home mortgage loans, but that hasn’t stopped the Fed from being hopeful that commercial real estate might benefit.

In a speech today to community bankers, Fed governor Elizabeth A Duke, said: Read more

Simone Baribeau

Federal Reserve governor Elizabeth A. Duke today spoke to the Mortgage Foreclosure Policy Conference about the conditions that led to the housing crisis and her vision of the future of housing finance.

“A speculative mentality took hold among investors and consumers who expected limitless house price appreciation,” she said. Read more