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Issue of June 23, 2008 |     |
Justice ServedNews that the FBI has arrested hundreds of crooked real estate agents and mortgage brokers nationwide has managed to restore some of our faith in peace, justice and the American way. ’Net Results Realtors, it seems, remain wary of the Web and fond of protectionism. Fed’s Tough Inflation Talk Hits Fragile Housing Market By Mark Felsenthal The U.S. Federal Reserve’s recent tough talk on inflation served notice to financial markets that the central bank was serious about tamping down price pressures, but it has hit the economy in one of its most tender spots – housing. As Scrutiny Increases, Bankers Must Think Like Regulators By Kenneth F. Ehrlich Current weaknesses in the housing and credit markets are causing the regulatory agencies more concern about the safety and soundness of the institutions they regulate than at any time in the past 15 years. During upcoming safety and soundness examinations, bankers should expect a closer-than-normal look at asset quality and earnings, among other related areas, and anticipate specific issues by thinking like examiners. Legislature, Governor Productive By Aaron Gornstein The Legislature Aand Gov. Deval Patrick should be applauded for a productive 2007-2008 legislative session. Check & Balance Banker & Tradesman's political cartoon. |
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