The loan blog

Mortgages plc confirms redundanciesMortgage Introducer, UK -16 hours agoPeter Beaumont, deputy chief executive at Mortgages plc, said: “Mortgages plc, in common with most non-conforming lenders, has reduced its new business …

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MFs buy securitised debt to step up returnsEconomic Times, India -6 hours agoCorporates, banks and other large institutions invest their surplus cash with liquid, liquid plus and short-term income funds of various fund houses. …

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Payday Loan in Canada –Quick Cash But At A PriceAmerican Chronicle, CA -15 hours agoPayday loan in Canada is also known as Canada cash advance payday loan and is a short-term loan, which is borrowed for less than a month period. …

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Property ''still a good investment'' – buy to let mortgagesMortgages for Business, UK -10 hours agoWith 900000 buy to let investors already present in the UK market, the popularity of Buy to Let Mortgages has surged in recent years, and the firm believes …

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Turkish Press

Federal Reserve cuts fed funds rate quarter pointMortgages at Quicken Loans, MI -6 hours agoFor the second consecutive meeting, the Federal Reserve Open Market Committee ("Fed") dropped short term interest rates. The Fed cut the Federal Funds Rate, …Fed cuts key rate another quarter-pointUSA TodayFed cuts rates to 4.5%CNNMoney.comall 2,042 news articles

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The Dominion Post

Banks losing their Midas touchMelbourne Herald Sun, Australia -14 hours agoFurther it and the other banks are facing a damned if they do and damned if the RBA doesn't short-term future. There are two broad scenarios for 2008. …Westpac posts annual profit riseThe Ageall 70 news articles

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The Asian Banker (subscription)

Fitch revises outlook on Chinatrust Group's ratingsThe Asian Banker (subscription), Singapore -1 hour agoThe agency upgraded the Long-term foreign currency Issuer Default Rating (IDR), Short-term foreign currency IDR, National Long-term and Individual Rating of …

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Finance Markets

Big banks get tiny showing in 250 best mortgagesScotsman, United Kingdom -2 hours agoHOMEOWNERS are being short-changed by mortgages from Britain's biggest banks and should stick to traditional building societies, a consumer investigation …Building societies 'offering better mortgages'The Mortgage Provider OnlineBuilding societies offer 70% of top mortgages, says Moneyfacts.co.ukMortgage Strategyall 11 news articles

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The Asian Banker (subscription)

Fitch upgrades Sumitomo Trust's long-term IDR & individual ratingThe Asian Banker (subscription), Singapore -1 hour agoFitch believes that profitability could be affected in the short term but it does not expect changes to the overall creditworthiness of the bank as it has …Fitch downgrades Bank of Fukuoka upon consolidation of Shinwa BankThe Asian [...]

Defaults on Insured Home Mortgages Rise 22 Percent (Update2)Bloomberg -14 hours agoBy Josh P. Hamilton and Erik Holm Oct. 31 (Bloomberg) — US homeowners defaulted last month on 22 percent more privately insured mortgages than a year …

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