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Housing not yet out of the woods: Bernanke

The improving housing market is "far from being out of the woods," Federal Reserve Chairman Ben Bernanke said on Thursday, arguing that overly tight lending standards are part of the problem.

Bernanke calls long-term unemployment a national crisis and urges more help from Congress

Federal Reserve Chairman Ben Bernanke said Wednesday that long-term unemployment is a “national crisis” and suggested that Congress should take further action to combat it. He also said lawmakers should provide more help to the battered housing industry.

Bernanke says banking regulators are investigating foreclosure practices

The Federal Reserve chairman says the review is 'seeking to determine whether systematic weaknesses are leading to improper foreclosures.'

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