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- Utility company representatives said Tuesday that they support a proposal to offer no-interest payment plans to customers behind on their bills so long as the debts are repaid before heating bills start increasing again next winter. "When you start ...
- United Western Bancorp, Inc. UWBK (the “Company”), a Denver-based holding company whose principal subsidiary, United Western Bank® (the “Bank”), is a community bank focused on expansion across Colorado’s Front Range market and selected ...
- DETROIT (Reuters) - Ford Motor Co said on Monday it has slashed automotive debt by 38 percent, or $9.9 billion, bolstering its finances amid a deep auto industry downturn, and its shares were up about 19 percent. Ford said the debt restructuring ...
- As the housing bubble inflated, you saw hundreds of programs about how to buy a house with 0% down. Don't expect to find that strategy will work for you today. While you may still find some foreclosure deals that allow 0% down if the bank wants to ...
- LONDON (Reuters) - HSBC Holdings ( HSBA.L ) said it has earmarked 1 billion pounds for new mortgage products for borrowers with a deposit as small as 10 percent, targeting first-time buyers who have seen offers dry up. Europe's biggest bank said the ...
- Cebu City – The Home Development Mutual Fund (Pag-IBIG Fund) here has already released around P317 million in the first quarter this year for 451 housing loan borrowers. Pag-IBIG Cebu City assistant department manager for operations Rio Teves said ...
- Income levy rates doubled to 2%, 4% and 6%. Cigarettes up 25 cent and diesel up five cent a litre. New asset management agency to take bad loans off the banks' balance sheets. Early childcare supplement halved from 1 May, and scrapped altogether next ...
- Former US Fed chief Alan Greenspan is now reviled for nurturing asset bubbles. By contrast, former RBI governor Y V Reddy is praised for caution in financial liberalisation, and for his unpopular but brave monetary squeeze when Indian asset prices ...
- April 8 (Bloomberg) -- Iceland’s central bank lowered the benchmark interest rate by 1.5 percentage points after the severest recession in half a century forced the biggest monthly consumer price drop in at least seven years. Policy makers lowered ...
- April 8 (Bloomberg) -- Iceland’s central bank lowered the benchmark interest rate by 1.5 percentage points after the severest recession in half a century forced the biggest monthly consumer price drop in at least seven years. Policy makers lowered ...
- * Not one of top four banks passes on full RBA cut (Adds Westpac cut) SYDNEY, April 8 (Reuters) - Australia and New Zealand Banking Group Ltd (ANZ) ( ANZ.AX ) and Westpac Banking Corp ( WBC.AX ) will lower their home loan rates by 0.1 percentage ...
- April 8 (Bloomberg) -- Australian home-loan approvals rose for a fifth month and consumer confidence jumped by the most since August, adding to signs a record round of interest-rate cuts and government handouts are boosting the economy. The number of ...
- As congressional Democrats work to solidify finance industry reforms, a growing push to rein in payday lenders is running smack into a formidable barrier: the rising influence of the lenders themselves. Not only has the industry stepped up its ...
- Different types of repayment: Interest only mortgages Confronting the large marketplace full of mortgages for the first time can be a daunting task for the first time buyer. An array of mortgage products are packaged up in a variety of ways by the ...
- FIRST home buyers continue to drive new home loan volumes, spurred on by a temporary boosts to first home owner grants, economists say. Australian housing finance commitments for owner-occupied housing rose 0.4 per cent in February, seasonally ...
- April 8 (Bloomberg) -- A record round of Australian central bank interest-rate cuts, which have taken the benchmark lending rate to a half-century low, may be coming to a close. Policy makers, having cut the overnight cash rate target by 4.25 ...
- Boston Private Financial Holdings, Inc. BPFH today reported a third quarter GAAP loss of $273.4 million or $5.92 per share. This was the result of non-cash charges totaling $227.0 million, net of tax, with an impact of $4.45 per share, and an ...
- WASHINGTON—Michigan lawmakers intend to urge Federal Reserve Chairman Ben Bernanke and Treasury Secretary Henry Paulson to use their regulatory powers to loosen up credit to help finance car loans. The members of Congress said in a letter obtained ...
- NEW YORK (AP) _ How could a $24 billion loss possibly be good news? When it comes from Wachovia as an effort to primp itself for its acquisition by Wells Fargo. Wachovia Corp.'s staggering loss for the third quarter resulted primarily because it ...
- NEW YORK (AP) _ How could a $24 billion loss possibly be good news? When it comes from Wachovia as an effort to primp itself for its acquisition by Wells Fargo. Wachovia Corp.'s staggering loss for the third quarter resulted primarily because it ...
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