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Congressman wants hearings on rental-backed securities (access required)

U.S. Rep. Mark Takano of California has asked the House Financial Services Committee to hold hearings examining the rise in investor owned rentals and the new rental-backed securities being created by Blackstone Group and American Homes 4 Rent, the two ...

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Fed to reduce pace of bond buying by another $10B (access required)

WASHINGTON  — The Federal Reserve is pushing ahead with a plan to shrink its bond-buying program because of a strengthening U.S. economy. It’s doing so even though the prospect of reduced Fed stimulus and higher U.S. interest rates has rattled ...

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UPDATED: Yellen faces challenges as Fed trims bond buys (access required)

WASHINGTON — Janet Yellen will take the helm of a Federal Reserve facing a significantly different economic landscape from the one that dominated Ben Bernanke’s tenure as chairman, confronting her with different decisions as well. Bernanke’s eight years leading the ...

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