Sign in or signup

3,781 active users!!Bandwidth
THURSDAY
DEC 8, 2016
Home
NewsSITE
Events & Blogs
New Audio & Video
BroadcastersNew Stuff!
Local Church Finder
Live Webcasts
Sermons by Bible
Sermons by Topic
Sermons by Speaker
Sermons by Date
Staff Picks
CommentsALL -13 min
Top Sermons
VideosPDFs
Daily Log
PhotosNew Stuff!
Stores
Online Bible
Hymnal
Daily Reading
About | $1 Signup!
Submit Sermon
Members Only

Breaking News Home | All | Religion | Society | Tech | Choice | FF | SA News
FRONT PAGE  |  12/8/2016
SATURDAY, OCT 13, 2012  |  6 comments
Booming banks say consumers may not see lower mortgage rates
JPMorgan Chase and Wells Fargo, the nation’s largest mortgage lenders, said Friday they won’t make home loans much cheaper for consumers, even as they reported booming profits from that business.

Those bottom lines have been padded by federal initiatives to stimulate the economy. The Federal Reserve is spending $40 billion a month to reduce mortgage rates to encourage Americans to buy homes. Instead, its policies may be generating more benefits for banks than borrowers.

“The government can’t force banks to give out loans at lower rates any more than they can force Macy’s to sell me sheets for a dollar,” said Karen Shaw Petrou, managing partner at consulting firm Federal Financial Analytics.

Since the Fed announced its mortgage initiative, rates have ticked down. But banking analysts say the cost of issuing the loans has fallen much more, significantly boosting bank profits. ...


CLICK HERE to Read Entire Article
www.washingtonpost.com

Response to economic crisis?
  START  
  Recommended sermons | more..
•  Biblical Economics • Pastor John MacArthur | 6/15/2010
•  The Rich Fool • Pastor John MacArthur | 4/23/2010
•  Is My Name Demas • Dr. Bob Jones III | 1/12/2007
•  Response to economic crisis?Dr. Alan Cairns | 3/9/2009

   03/14/15  |  Another One Bites the Dust • 2 comments
   03/11/15  |  God Doesn't Want Matt Chandler to be Your Pastor • 21 comments
   01/08/14  |  Christian Post: Warning, this article may offend many Christians • 93 comments
   01/01/14  |  Michelle Obama praises lesbian TV anchor • 17 comments
   12/29/13  |  U.S. Slams 'Conservative Gender Norms' • 377 comments
MORE RELATED ( ) NEWS | MORE..
   12/07/16  |  YouTube bans Prager U video of Muslim denouncing anti-semitism... • 6 comments
   12/06/16  |  Ken Ham Responds to Muslim Reporter Who Asks if He's Going to... • 69 comments
   12/05/16  |  Can Donald Trump and Betsy DeVos Really End Common Core? • 9 comments
   12/05/16  |  Ohio Bill Protecting Pastors Clears House Committee • 4 comments
   12/05/16  |  ISIS Threatens President-elect Trump with Assassination • 3 comments
OTHER CHOICE NEWS | MORE..
   12/02/16  |  Feedback Friday for 12-02-16
   11/27/16  |  SermonAudio Tip: Truly Unlimited Sermon Uploads for Broadcasters • 2 comments
   11/25/16  |  Feedback Friday for 11-25-16 • 2 comments
   11/23/16  |  Mungu Kwanza: A New Documentary Film Project • 2 comments
   11/18/16  |  Feedback Friday for 11-18-16 • 2 comments
MORE SPECIAL | MORE..
   12/08/16  |  Ohio Passes Bill Banning Abortions after 6 Weeks • 2 comments
   12/08/16  |  Pope warns media over 'sin' of spreading fake news • 1 comments
   12/08/16  |  Gay bureaucrat wages war with Christian ministry • 1 comments
   12/08/16  |  Methodist Churches Converting to “Virtual Mosques” For Muslim...
   12/08/16  |  Obama Makes Shocking Move With Planned Parenthood • 1 comments
OTHER RECENT NEWS | MORE..
COMMENTS | show all | add new  
    Sorting Order:  
· Page 1 ·  Found: 6 user comment(s)
News Item10/15/12 9:50 PM
Kyle | Connecticut  Find all comments by Kyle
So you found my comment funny (not sure why), and then you trailed off onto a rant about oil companies? I don't follow the thread.
6

News Item10/15/12 8:33 AM
Christopher000 | RI  Find all comments by Christopher000
I guess I should explain what I meant by "criminally" in case I get taken to task. For the bankers, the rampant fraud and financial raping of the little guy. The oil tycoons: I think it's criminal that they charge what they do for a barrell, create false shortages, etc, just because they can. It's no different than if I was charging $300 for a hotdog to someone who was starving that had no other options. We should have been energy independent long ago and even if we took the iniative now, we're still looking 10 years into the future before we begin reaping any benefits.
5

News Item10/15/12 7:53 AM
Christopher000 | Rhode Island  Find all comments by Christopher000
34 hours ago
Kyle from Connecticut writes:
Whatever...home prices are still too high.

Oh my gosh...that cracked me up.

Sickening how incredibly, and criminally wealthy, the bankers and oil tycoons are.

That's it. I know I can get pretty deep sometimes. Ha-ha.

4

News Item10/13/12 9:35 PM
Kyle | Connecticut  Find all comments by Kyle
Whatever...home prices are still too high.
3

News Item10/13/12 3:30 PM
Jim Lincoln | Nebraska  Find all comments by Jim Lincoln
True, Scott, and too much profit is being stuffed into bank officials pockets anyway. Apparently the repub. VP candidate had a good idea, Paul Ryan: ‘I Agree’ We Need To Reinstate Glass-Steagall. But he's the VP candidate and can't do anything about bankers and financiers. I doubt if Mitty wants to do anything to them.

I read somewhere the statues of Limitations are protecting a lot of the crooks, but this fellow does have an interesting observation, A modern Pecora Commission could right Wall Street wrongs.

But of course there need to be some fixes to Congress ‘Evil’ lobbyist Jack Abramoff talk US politics (short YouTube) in particular and the federal government, A Culture of Corruption. Something that the Republicans have so far refused to do. If a politician doesn't want to fix these problems be he Republican or Democrat -- don't elect him

2

News Item10/13/12 6:08 AM
Scott McMahan | Internet  Find all comments by Scott McMahan
Local banks offer better rates and better service on mortgages than the huge national banks.
1
There are a total of 6 user comments displayed | add new comment |Subscribe to these comments
Last PostTotal
Obama Makes Shocking Move With Planned Parenthood
louise from bloomington, minnesota: "every time i see this man's face all i can..."
-11 min 
Ohio Passes Bill Banning Abortions after 6 Weeks
connor from ca: "jim wrote: ' prohibiting abortion is like prohibiting booze.' ..."
-1 hrs 
Christian artists face jail time for refusing to make same-sex...
connor from ca: "b.m.c wrote, ' please, it is advisable to let the topic rest,..."
-2 hrs 66 


Derek Carlsen
The Evolution of Ethics?

Thessalonians Series
Sunday Service
Covenant Reformed Church
Play! | MP3 | RSS

Joshua, An Intro
John Kuvakas

Don Green
Toward True Thanksgiving

Truth Community Church
Midweek Service
Transcript!Play! | MP3

E. A. Johnston
How God Sees Sin

Evangelism Awakening
Special Meeting
Play! | MP3

Dr. Peter Masters
Our Resistance to God

Sunday Evangelistic Message
Metropolitan Tabernacle
Video!Play! | MP4

Rob Ham
The Benefit of Knowing Christ

KHPC Daily Devotional Podcast
Keystone Heights...
Play! | MP3

Sermon: How God Avenges His Elect
Ken Wimer

SPONSOR | 400+

SPONSOR




                   
Prayer requires more of the heart than of the tongue. ... Adam Clarke

Gospel of John
Cities | Local | Personal


MOBILE
iPhone + iPad
Church App
Android
Church App
Kindle + Nook
Chromecast TV
Apple TV
ROKU TV
Amazon Fire TV
Apple Watch
Android Wear
Kindle Reader


HELP
Knowledgebase
Broadcasters
Listeners
Q&A
Uploading Sermons
Uploading Videos
Webcasting
Tips & Tricks
YouTube Screencasts

FOLLOW
Weekly Newsletter
Staff Picks Feed
Site Notices New!
RSS | Twitter | Facebook
SERVICES | ALL
Local Church Finder | Info
MP3 Play & Download
Mobile Apps
Podcasting
Video Support
Live Webcasting
Transcription
PowerClips
Business Cards
SOLO | MINI | Domain
Favorites | QR Codes
Online Donations
24x7 Radio Stream

INTEGRATION
Sermon Browser
HTML Codes
WordPress
Twitter
Facebook
Logos | e-Sword | BW
JSON API

BATCH
Transfer Agent
Protected Podcasts
Upload via Email
Auto-Upload Sermons
Auto-Blog Import
Picasa | FTP | Dropbox
ABOUT US
The largest and most trusted library of audio sermons from conservative churches and ministries worldwide.

Our Services | Articles of Faith
Broadcast With Us
Advertising | Local Ads
CONTACT
info@sermonaudio.com
Support Us | Feedback Fridays New!