Mortgage and Financial News From 2008-2-28 Page 7

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• ASIC silent on finance licence

  News.com.au - ... to comment on the circumstances surrounding a financial services licence issued last year to a subsidiary of a mortgage ... According to the licence conditions ASIC has some discretion to calculate an "adjusted" net asset formula that in certain ...
  2008-02-27 04:43:00

• What bad banking news means to you

  CNN - ... re worried you don't have enough insurance on your accounts, the FDIC Web site has a tool that will allow you to calculate ... If you took out a loan with a bank, for example an auto loan or a mortgage, those interest rates and terms of interest ...
  2008-02-28 10:59:00

• Thai Central Bank Maintains Key Interest Rate

  RTT News - Thai Central Bank Maintains Key Interest Rate 2/27/2008 3:31:37 AM The Thai central bank held its key interest rate on Wednesday. ... economy slowed toward the latter half of last year, as the external economic environment was plagued by the US sub-prime ...
  2008-02-27 12:23:00

• Bank of Thailand Refrains From Rate Cut on Inflation (Update1)

  Bloomberg - Feb. 27 (Bloomberg) -- Thailand's central bank refrained from cutting its benchmark interest rate after a report showed the ... Prime Minister Samak Sundaravej said a week later the government will use monetary policy to support economic growth.
  2008-02-26 11:54:00

• J. Alexander's Corporation Reports Results for Fourth Quarter and 2007 ...

  MSN MoneyCentral - These conditions seem to be exacerbated for many consumers by higher mortgage interest rates associated with the reset of variable rate mortgages, as ... The Company's menu features a wide selection of American classics, including steaks, prime rib of ...
  2008-02-28 01:08:00

• Materialize your Expansion of Business Ventures

  Best Syndication - Commercial loan rates are also available in the sub-prime financial market. This means that businessmen having low credit rating can also take benefit of business funding by paying a little higher rate of interest.
  2008-02-28 12:32:00

• Housing Woes Put Bush, Hill At Odds White House Opposes Use of Tax ...

  Washington Post - The most controversial, however, is Durbin's proposal, which would allow bankruptcy judges to cut the interest rates of housing loans to the prime rate plus a "reasonable" premium for homeowners who cannot afford their subprime mortgages or other ...
  2008-02-26 08:55:00

• New York Money Market Rate Indications

  FXStreet.com - ... 09 6M 2.98 9M 3.00 1Y 3.00 Federal funds: days high 3.12; low 3.00: latest bid 3.06; offered 3.12; prime lending rate at ... Jones content includes facts, views, opinions and recommendations of individuals and organizations deemed of interest.
  2008-02-28 12:53:00

• South Africa January inflation 8.8 pct vs 8.6 pct in December

  Forbes - The central bank has increased the prime interest rate eight times on the back of rising inflation since April 2005, to its current level of 14.5 percent.
  2008-02-27 04:19:00

• Rules of the cards

  Chicago Tribune - Interest rates should be exactly the same as the prime rate, which is the rate banks charge their best customers. (When the Federal Reserve Board increases or decreases the federal funds rate, changes in the prime rate generally follow.
  2008-02-26 11:54:00

• Sapient Reports Fourth Quarter 2007 Results

  MSN MoneyCentral - ... of the securities held by the Company were collateralized by residential, commercial mortgages or sub-prime loans. The auction rate securities held by the Company are private placement securities with long-term maturities for which the interest ...
  2008-02-28 01:22:00

• CreditCards.com: Weekly Credit Card Rate Report

  Raleigh News & Observer - ... rate cuts can be expected when the central bank meets on March 18. A majority of banks index their credit card APRs to the prime rate, which moves in lock step with Fed decisions. According to the Fed, 54 percent of issuers tie card interest rates to ...
  2008-02-28 11:42:00

• Bernanke predicts banks will go under

  Guardian Unlimited - Analysts are forecasting another interest rate cut by the Fed next month to help shore up the economy. ... US economy · Sub-prime crisis · Banking sector Politics Economic policy
  2008-02-28 03:45:00

• U.S. subprime crisis, poverty hand-in-hand - study

  Forbes - ... The impact of the housing crisis is landing hardest among the nation's poorest home owners, a study by a public interest ... Where there is a pocket of poverty, you can be sure there is a high rate of subprime lending," said David Beckmann ...
  2008-02-28 12:46:00

• Centro Asks Investors to Snub Rival Bid to Run Trusts (Update2)

  Bloomberg - The Melbourne-based company said in December it was struggling to refinance debt amid the global credit crunch, triggering a 90 percent plunge in its market value.
  2008-02-26 09:38:00

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