Sheila C. Bair: Stop selling the long term short
Sheila C. Bair: Stop selling the long term short
The nation is still struggling with the effects of the most serious financial crisis and economic downturn since the Great Depression. But Wall Street seems all too ready to return to the same untenable business practices that brought it to its knees less than three years ago. And some in government who claim to be representing Main Street seem all too ready to help.
Read more on The Capital Times
UK new mortgages, home sales up slightly
UK new mortgages, home sales up slightly
The number of new mortgages and home sales in the UK grew slightly in May, according to the Council of Mortgage Lenders (CML).
Read more on Property Guru via Yahoo! Singapore News
Categories: No Interest Loans Tags: Home, Mortgages, Sales, slightly
U.S. to lower ceiling on mortgages it backs
U.S. to lower ceiling on mortgages it backs
On Oct. 1, in a continuing effort to extricate itself slowly from the mortgage business, the federal government will reduce the size of loans it will back from $729,700 to $625,500.
Read more on The Philadelphia Inquirer
Go slow on loans to commercial real estate projects: RBI to banks
Go slow on loans to commercial real estate projects: RBI to banks
The Reserve Bank of India (RBI) has asked banks to go slow on lending to the commercial real estate sector. The regulator fears an asset price bubble.
Read more on Business Standard India
Categories: No Interest Loans Tags: banks, Commercial, Estate, loans, Projects, real, Slow
Analysis: JPMorgan close to becoming the top U.S. lender
Analysis: JPMorgan close to becoming the top U.S. lender
NEW YORK (Reuters) – JPMorgan Chase & Co is close to vaulting past Bank of America Corp to become the biggest bank in the United States, but it will likely get there in an odd way — by shrinking less than its rival.
Read more on Reuters via Yahoo! News