The Federal Reserve Bank of San Francisco: Economic Research, Educational Resources, Community Development, Consumer and Banking Information

The Federal Reserve Bank of San Francisco

FRBSF Highlights


	2007 Annual Report: The Subprime Mortgage Market Learn about the factors that led to the subprime mortgage crisis, the impact of these developments on the nation and the Twelfth District, and "lessons learned" that may contribute to financial market stability going forward. Find out about the major foreclosure prevention initiative the Community Development department launched in 2007 to understand the impact of the crisis on low- and moderate-income borrowers and neighborhoods and help homeowners in hard-hit communities avoid foreclosure.

	Discount Rate Change The Board of Governors approved a 25-basis-point decrease in the discount rate to 2 1/4 percent. (more)

	Foreclosure Mitigation Resource Center For the latest information on the Federal Reserve's efforts to mitigate the impact of foreclosures, including local data presentations and research reports, visit our new Foreclosure Mitigation Resource Center.

	Asian Banking and Finance Conference Please join the Federal Reserve Bank of San Francisco for our annual Asian banking and finance conference on The Changing Landscape: Asia's Role in Global Finance.

Credit, Housing, Commodities, and the Economy

Speech to the Chartered Financial Analyst Institute, Annual Conference
Vancouver, British Columbia
May 13, 2008

Small Business Lending and Bank Competition

This Letter examines what the data say about the relationship between the degree of competition in and total volume of small business lending in local geographic banking markets.
—Laderman; 2008-15

About the Federal Reserve Bank of San Francisco
One of twelve regional Federal Reserve Banks across the U.S. that, together with the Board of Governors in Washington, D.C., serve as our nation's central bank.

Areas Served:		Offices:
Alaska Arizona California Hawaii Idaho Nevada	Oregon Utah Washington American Samoa Guam Northern Mariana Islands	Los Angeles Portland Salt Lake City San Francisco Seattle Phoenix

The largest District, it covers 36 percent of the nation's landmass, ranks first in the size of its economy, and is home to approximately 20 percent of the nation's population.