Time to Step Up Spending? - Oregonian: How is it after railing against budget deficits for 8 years, liberals like Paul Krugman, quickly change their tune when they think their pals will have control of the government? Usually an increase in government spending is followed by and increase ...
Non-bank lenders fail to pass on interest rate cuts - News.com.au: While both sides of politics pressure the big banks to pass on official interest rate cuts, non-bank lenders are getting away with charging as much as 5 per cent more than the big four on a standard home loan, The Sunday Telegraph reports. Because ...
Barack Obama threatens finance reform: John McCain - Chicago Sun-Times: COLUMBUS, Ohio — The vast sums of money Barack Obama is raising for the presidential campaign risk the post-Watergate financing reforms, Republican rival John McCain charged Sunday. Speaking a few hours after Obama’s campaign reported raising a ...
Discount interest rate war begins - News.com.au: NAB and Aussie Home Loans have joined the rush to cut interest rates, following the ANZ's surprise move to change rates independent of the Reserve Bank for the first time in over a decade. NAB yesterday dropped its standard variable home loan by 20 ...
Mortgage loan costs will keep on risisng - Focus Infomation: Sofia. In an interview for Trud Daily , Tihomir Toshev, executive director of CreditCentre, comments on the all-encompassing financial crisis ans its impacts on the local bank market, and particularly on the prices of loans and mortgages. He reminds ...
Westpac launches home loan promotion - Fiji Sun: Westpac Banking Corporation would today launch a home loan promotion that would offer homebuyers a discount on their first year fixed rate and establishments fees. This is in a bid to urge along the home loan market. The bank is offering a discount ...
Discount interest rate war begins - News.com.au: NAB and Aussie Home Loans have joined the rush to cut interest rates, following the ANZ's surprise move to change rates independent of the Reserve Bank for the first time in over a decade. NAB yesterday dropped its standard variable home loan ...
Comments about: McCain-Palin campaign has come to 'lies, attacks' - MaineToday.com: The Community Reinvestment Actapplies to depository banks. But many of the institutions that spurred the massive growth of the subprime market weren't regulated banks. They were outfits such as Argent and American Home Mortgage, which were ...
Yvette Cooper tells banks to cut repossessions as 2m predicted to fall ... - Daily Telegraph: Following predictions that 2 million homeowners will fall into negative equity, Yvette Cooper, the chief secretary to Treasury, pledged the Government would act to prevent tens of thousands of people from losing their homes. The Government has ...
Banks tangle in home loan price war - Skynews.com: A price war in Australia's mortgage market is underway, with National Australia Bank following ANZ and Aussie Home Loans in reducing its interest rates on home loans. NAB's announced it's dropping the interest rate on its standard variable home loan ...

NAB joins the rush on mortgage relief - News.com.au: A FULL-scale mortgage rate war has broken out with a second major bank to cut its standard variable rate independent of the Reserve Bank. The National Australia Bank will slice 0.2 percentage points from its variable mortgage rate from next Monday ...
Mortgage bankers unite - Marketwatch: Plus, as finger pointing about problems in the mortgage market persists, the industry has the task of repairing its bruised reputation too. "The mortgage banking industry clearly has issues raised regarding its reputation, it's credibility with ...
Housing ads blitz attacked - News.com.au: AN advertising blitz encouraging first home buyers to spend the Federal Government's latest hand-out on their house deposit has been slammed as irresponsible. RAMS published full-page advertisements yesterday, flashing the words "No Deposit? No ...
Getting mortgage easier than some other credit - San Francisco Gate: Sunday, October 19, 2008 But what about mortgages and real estate? Can you still get a home loan with less than a 20 or 30 percent down payment? Or with a credit score below 720? Absolutely. It would be a big stretch to label housing the sunny side ...
Caisse d'Epargne Had EU600 Million Derivatives Loss (Update2) - Bloomberg: Oct. 17 (Bloomberg) -- Groupe Caisse d'Epargne, the French customer-owned bank in merger talks with Groupe Banque Populaire, reported a 600 million-euro ($807 million) loss on equity derivatives after stock markets plunged last week. The loss ...
Dollar Libor Logs First Weekly Drop Since July on Cash Funding - Bloomberg: Oct. 17 (Bloomberg) -- The cost of borrowing dollars in London fell, rounding off the first weekly decline since July, after central banks around the world pumped unprecedented amounts of cash into money markets and governments backed loans. The ...
Britain's Northern Rock "most aggressive" on home repossessions - Monsters and Critics: London - Nationalized Northern Rock mortgage lender was Friday accused of being the 'most aggressive' among British banks on the sensitive issue of home repossessions, a charge it immediately rejected. A BBC report, based on information gained from ...
Renters caught in foreclosure meltdown - Detroit News: Renters caught in foreclosure meltdown Genesee sheriff halts evictions of tenants whose landlords default on mortgages; others may follow suit. Doug Guthrie / The Detroit News With Michigan's home foreclosure rates among the highest in the nation, at ...
Bond Trading, Not Bailout, Is How to Rescue Banks: Sandy Lewis - Bloomberg: Oct. 17 (Bloomberg) -- U.S. Treasury Secretary Henry Paulson 's big mistake was to cast his $700 billion financial rescue plan of the financial industry as a bailout. He did so because it was, and remains, a bailout. The trouble is it won't work. The ...
Norway c.bank allots $438 in liquidity loan - Forbes: OSLO, Oct 17 (Reuters) - Norway's central bank allotted on Friday 2.85 billion Norwegian crowns ($437.5 million) in six-month, crown-denominated liquidity, called an 'F-loan', to participants in the Norwegian money market. F loans are the bank's main ...

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