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Latest No Equity Loans news:Home-Saving Loans Afoot
Pressure is growing on U.S. banks to ease terms for distressed homeowners on home-equity loans and other second-lien mortgages.
Read more News Source - WallStreet Journal via Yahoo! Finance
Publish date - 18:02:26 03/08/10
Fitch Affirms American Equity's Ratings and Removes Watch Negative; Outlook Stable
NEW YORK----Fitch Ratings has affirmed the Issuer Default Rating of American Equity Investment Life Holding Company at 'BB+' and the Insurer Financial Strength ratings at 'BBB+' for its insurance operating subsidiaries, American Equity Investment Life Insurance Company and American Equity Investment Life Insurance Company of New York.
Read more News Source - Business Wire via Yahoo! Finance
Publish date - 22:38:48 03/09/10
CIMB to maintain loans growth
PETALING JAYA: CIMB banking group is maintaining a loans growth target of 12% this year despite a higher interest rate environment. According to group chief executive officer (CEO) Datuk Seri Nazir Ra...
Read more News Source - MalaysiaNews.net
Publish date - 02:02:30 03/09/10
Solutions aren't easy for underwater mortgages
The underwater mortgage problem has no easy solution, particularly in places like Michigan, which has shed nearly a million manufacturing jobs in the past decade.
Read more News Source - Detroit Free Press
Publish date - 00:28:42 03/11/10
CIMB to maintain loans growth
PETALING JAYA: CIMB banking group is maintaining a loans growth target of 12% this year despite a higher interest rate environment.
Read more News Source - The Star
Publish date - 23:55:45 03/08/10
RPT-GLOBAL MARKETS-Asian stocks ease after China data
(Repeating to additional subscribers with no changes to text)
Read more News Source - Reuters via Yahoo! Malaysia News
Publish date - 05:29:28 03/11/10
ICBC Plans No Fund Raising; Loans Jump to Record in 2009
March 8 (Bloomberg) -- Industrial & Commercial Bank of China Ltd. , the world’s largest lender by market value, said it has no fund-raising plans even after boosting new loans by 24 percent to a record last year.
Read more News Source - Bloomberg
Publish date - 04:31:01 03/08/10
N.S. gov't lauds deal for TrentonWorks, confident dividends will come
HALIFAX, N.S. - The Nova Scotia government is downplaying the risks taxpayers face in their equity stake in a manufacturing plant in Trenton that is going to make wind turbine components.
Read more News Source - The Canadian Press via Yahoo! Canada News
Publish date - 22:03:50 03/10/10
Bank of China, Fuyao, Gemdale, SAIC Motor: China Equity Preview
March 10 (Bloomberg) -- The following companies may have unusual price changes in China trading. Stock symbols are in parentheses, and share prices are as of the last close.
Read more News Source - Bloomberg
Publish date - 01:06:16 03/10/10
Eton Properties, MTR, SAIC Motor: Asia Ex-Japan Equity Preview
March 10 (Bloomberg) -- The following is a list of companies whose shares may have unusual price changes in Asian markets excluding Japan. Stock symbols are in parentheses after company names and prices are from the last close.
Read more News Source - Bloomberg
Publish date - 21:01:17 03/09/10
GM CEO says U.S. will make money on bailout
General Motors Co will pay back roughly $8 billion in debt to the United States and Canada before June and could go public in a way that would allow taxpayers to make a profit on the bailout, Chief Executive Ed Whitacre said on Wednesday.
Read more News Source - Reuters via Yahoo! News
Publish date - 00:59:53 03/11/10
Fact And Comment
Oh, no! Fannie and Freddie are back!
Read more News Source - Forbes
Publish date - 23:16:57 03/10/10
Lending interest rates may become unbearable
VietNamNet Bridge – Negotiated interest rates for medium and long-term loans have reportedly reached 18 percent per annum, which financial experts believe is nearly the outer limit that businesses can afford.
Read more News Source - Vietnam Net
Publish date - 09:50:26 03/10/10
Subprime crisis still grips boro, Comrie says
City Councilman Leroy Comrie (D-St. Albans) told St. John’s University students last week that he still is fighting predatory lenders in the wake of a subprime mortgage crisis that has caused thousands of borough residents, especially in southeast Queens, to lose their homes.Unscrupulous lenders are continuing to push...
Read more News Source - New York Post
Publish date - 01:03:20 03/11/10
AIG sells unit to repay loans
American International Group announced Monday the sale of one of its major global insurance units to MetLife for $15.5 billion, the latest step in the insurance giant's quest to pay down its massive debt to U.S. taxpayers. Under the complex agreement, MetLife will pay $6.
Read more News Source - The Monterey County Herald
Publish date - 14:21:56 03/09/10
Bank of China says aims to issue new HK shares soon
* BOC planned H share offer equal to 20 pct of share capital
Read more News Source - Reuters via Yahoo! Malaysia News
Publish date - 05:29:31 03/11/10
Reserve Bank Agrees There is a Housing Shortage in Australia
RBA assistant governor Philip Lowe said in a speech in Sydney yesterday that constraints on home building are restricting the supply of homes in Australia. The shortage is one factor keeping prices up. Nothing was said about the lending boom.
Read more News Source - The Daily Reckoning
Publish date - 04:39:55 03/11/10
Younger people have trouble getting credit
Getting credit? Not easy in this market. But it's even more difficult if you're between the ages of 22 and 34 according to a new survey.
Read more News Source - CNN Money
Publish date - 16:39:46 03/10/10
Senate Banking Committee Negotiators Favor Placing New Consumer Financial Protection Agency at Fed
In a move that’s raising red flags among some consumer advocates, top negotiators for the Senate Banking Committee signaled Wednesday they favor establishing a new consumer financial protection agency within the Federal Reserve as part of a compromise financial regulation reform bill.
Read more News Source - Fox News
Publish date - 03:53:49 03/11/10
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