Search / 303 posts tagged commercial loans

AP - The government is weighing a bold plan to buy massive amounts of unsecured short-term debts in a dramatic effort to break through a credit clog that is imperiling the economy. The Federal Reserve is working with the Treasury Department on the plan to buy "commercial paper," a short-term financing

Wall Street Troubles Caused By Subprime Meltdown Column: Underlying the current financial turmoil is a significantly dreary problem in housing markets. The 1995 revisions to the Community Reinvestment Act specifically permitted subprime loans.

US Treasury Hiring From Housing Wire: The U.S. Department of the Treasury announced Monday that it plans to add new staff members to manage the troubled assets bought through the Emergency Economic Stabilization Act signed into law Friday by President George W. Bush.

SMEs welcome rate cuts, increased stability Customers at Maritime Bank. Reduced interest rates, more flexible lending policies and easier loan terms are helping local companies to stabilise their operations.

Ninh Thuan approves joint steel project NINH THUAN — Ninh Thuan provincial authorities have officially licensed a joint venture between Malaysia’s Lion group and the Viet Nam Shipbuilding Industry Group (Vinashin) to build a US$9.8 billion steel complex.

Chidambaram rejects myth of prosperous NE New Delhi, Oct 5 : The prosperity of the North Eastern Region (NER) in the pre-independence days, was it a reality or myth? The Region’s historians and researchers would have to delve into records all over again to establish it. Union Finance Minister, P.

Not all real estate deals are for houses or commercial buildings that are already built. Instead, they are for not only the raw land, but the production costs of building these new structures. This is called real estate development. You buy the land, and then use money to build on top of it.

Buddy, can you spare a Prozac? Oh, wait. This kind of depression won’t be cured with a pill. And a dime doesn’t buy as much today as it did in 1930. Watching the House vote on a package to rescue the economy fall apart this afternoon was as traumatic as seeing Wall St.

Refinance Rental Property From the Baltimore Sun: I wish to refinance my rental property (a townhouse). Can I refinance to take money using an equity loan? The current credit markets have made it difficult to finance rental property - even if you have a large amount of equity in the deal.

This is all Bill Clinton’s fault.   Although Senator Phil Gramm (R-TX) introduced the legislation in 1999, ultimately the burden of blame for the U.S.’s current economic crisis rests with the President who let the Gramm-Leach-Bliley Act pass.  This is the bill that overturned the part of the Banking