- Govt waives loans of farmers who committed suicide By : Finance News
Keeping up the promise made at the time of assuming office, the LDF government today issued orders to write off agricultural loans upto Rs two lakh availed by farmers who had committed suicide. - NextStudent’s Private Student Loans Available Before Fall Semester Begins By : Finance News
Many college-bound students who require necessary funds for the upcoming fall semester still have time to apply for Private Student Loans. - Bank of Maharashtra likely to raise home loan rates By : Finance News
Bank of Maharashtra is likely to announce a hike in home loan rates tomorrow.
"Our Asset-Liability Commitee will meet tomorrow to decide on the interest rates. There is a possibility of hiking home loan rates," BOM chairman M D Mallya told PTI. - Corporate loans get costlier by 0.25-0.5 pc By : Finance News
Corporates have to to shell out 0.25-0.5 per cent more toward interest on loans, as top lenders like State Bank of India, Bank of Baroda and Punjab National Bank have hiked Prime Lending Rates along with retail loan rates. - DHFL hikes interest rates by one pc for existing customers By : Finance News
India's second-largest private housing finance company, Dewan Housing Finance Corporation Ltd (DHFL) has effected a one per cent hike in its retail home loan rates for its existing customers with effect from August one. - Home Loans for Energy By : Finance News
With home energy bills on the rise across the nation, lenders are offering homeowners financing to upgrade their homes. - Home Loans for Energy By : Finance News
With home energy bills on the rise across the nation, lenders are offering homeowners financing to upgrade their homes. - BoI to meet before taking a call on interest rates By : Finance News
Bank of India's Chairman and Managing Director, M Balachandran, today said the bank was yet to take a call on hiking its prime lending rate (PLR) and a meeting in this regard would take place shortly. - BoI to meet before taking a call on interest rates By : Finance News
Bank of India's Chairman and Managing Director, M Balachandran, today said the bank was yet to take a call on hiking its prime lending rate (PLR) and a meeting in this regard would take place shortly. - MyRichUncle Co-Founder Raza Khan Interviewed on Student Loan Network Financial Aid Podcast By : Finance News
The Financial Aid Podcast, an award-winning podcast published by The Student Loan Network, has interviewed MyRichUncle co-founder Raza Khan about his company's recent provocative advertising campaign in the New York Times and USA Today, ads which list a number of pointed questions directed at students and parents to ask of their financial aid offices. - Govt to spend Rs 342 crore on IDPL, HAL revival By : Finance News
In its bid to revive sick public sector pharmaceutical units, the government plans to spend about Rs 342 crore to bring back on track Indian Drugs and Pharmaceuticals Ltd (IDPL) and Hindustan Antibiotics Ltd (HAL). - India, Pakistan among top ten World Bank borrowers By : Finance News
India and Pakistan were among the ten largest World Bank borrowers as its lending commitments to South Asia reached $3.8 billion in the 2006 financial year ended June 30. - Reliance to raise $1.5 bn syndicated term loan By : Business India News
Reliance Petroleum Ltd (RPL) has arranged to raise $1.5 billion syndicated term loan to finance its new refinery and polypropylene unit, adjacent to its existing Jamnagar refinery in Gujarat. - Punjab National Bank endorses hike By : Finance News
Punjab National Bank (PNB) Saturday confirmed the hike in prime and home lending rates announced earlier. - A Financing Program Not Structured Like a Loan By : Finance News
If you’re in search of financing, there are lots of conventional choices out there, and you should take advantage of those that best fit your needs and are the least expensive to employ. If you haven’t applied for a loan lately, you'll soon see that if you have limited assets as collateral to borrow against, the number of choices available to you as a borrower can quickly shrink. - Media Advisory: 2006 Student Loan Fact Book Released By : Finance News
America’s Student Loan Providers releases “2006 Student Loan Fact Book Part I.” Based on independent sources, the Fact Book presents key data regarding federal student loans, especially the Family Federal Education Loan Program, the largest single source of federal financial aid. - Understanding Rebates Reward or Rip Off By : Finance News
The way a rebate works is that you pay the listed price for an item then mail in a form and the bar code to the manufacturer and they send you a refund thus reducing the price of what you paid for the item except with a time delay of several weeks. There are few rules you can follow and practice so that you would not get cheated or feel get cheated. - Simple Business Loans for Your Complex Business Needs By : Finance News
Put your financial plan into action today. Get a business loan to start or expand your business. Gain access to the capital you require with a business loan. - Personal Loans: Swift and Hassle Free Cash for All Your Needs By : Finance News
Buy a house, car, plan a home improvement or holiday with a personal loan. Choose between secured or unsecured personal loan depending on your needs. - Restore Your Financial Confidence with a Personal Loan of Your Choice By : Finance News
Take time to search for lenders, request personal loan quotes and compare loan quotes before you apply for a personal loan. Shop around for the best personal loan deal. - Opt for Personal Loans for Cheap Car Credit By : Finance News
Now, paying too much for car finance is really easy to avoid. A research has revealed that UK motorists can benefit themselves by opting for a low-rate personal loan rather than going for traditional car finance package in the form of showroom car credit. Personal loans for purchasing car can be secured or unsecured loans - Useful Tools for Webmaster and Bloggers by Debtconsolidationcare.com By : Finance News
Bloggers and webmasters can get some useful tools for their websites and blogs at the Syndication section of debtconsolidationcare.com. Six useful tools for webmasters and bloggers are already listed there under different categories. - Unemployed Baramulla youth get loan for establishing units By : Finance News
Jammu and Kashmir government has advanced Rs 3.62 crore as loan to 255 educated unemployed youth of Baramulla district for establishment of income generating units. - The StoneEagle Group Announces Aimbridge Indirect Lending’s Selection of SEcureIntegration By : Finance News
Integrated version of PowerBridge™ enables dealers to process loan applications with greater accuracy, eliminates duplicate data entry and accelerates productivity. - BMC Capital Provides $1.36M Loan for a Multifamily Property in San Antonio, Texas By : Finance News
BMC Capital announced on Monday, August 21, 2006, that it provided a $1.36 million loan for the purchase of Hutchins Palms Apartments, a 46-unit complex located at 535 Hutchins Place in San Antonio, Texas. - BMC Capital Provides $704,000 Loan for a Multifamily Property in Dallas, Texas By : Finance News
BMC Capital announced on Monday, August 21, 2006, that it provided a $704,000 loan for the purchase of 2619 Grand Avenue Apartments, a 23,356 sq. ft., 36-unit apartment complex in Dallas, Texas. - 4.34 cr farmer households under debt: Govt By : Finance News
The Government today said of the total 8.94 crore farmer households, 4.34 crore (48.6 per cent) farmers were in debt of at least Rs 300 or more. - 'Loan factories' planned in 11 centres By : Business India News
Public sector Corportion Bank has planned to open exclusive 'loan factories' in 11 centres in the country, in order to improve quality and reduce the time in providing loans, a top bank executive said today. - Going in for Dealer Finance Could Cost You £3,000 More if You Opt for Traditional Car Finance Deal T By : Finance News
Looking for your own car loan can save you more money and save you from a future financial burden, than would be the case when you opt dealer made finance deals. - Ferman Nissan Successfully Implements Aimbridge’s PowerBridge™ Solution By : Finance News
Aimbridge® Indirect Lending recently announced that Ferman Nissan has successfully implemented PowerBridge™, a system integration solution, to streamline their loan application process. PowerBridge™ is the latest addition to the AimbridgeConnect™ suite of lending tools and is a technology solution that electronically connects Aimbridge dealer partners to the Aimbridge online application tool, from their Dealer Management System (DMS). - Lenders May Tighten Lending Standards By : Finance News
Many lenders are starting to tighten their lending standards. While there are reports of some lenders loosening their requirements in order to draw in more business, other lenders are starting to feel pressure from Wall Street. - New Small Business ExpressLoans up to $50,000 By : Finance News
Government Small Business ExpressLoans are now available nationwide to fund start-up companies with up to $25,000 in "seed" capital. Young companies with 2 or more years of operating history may apply for up to $50,000. - Parsec Loans ties up funds for expansion in US By : Finance News
Parsec Loans, the Indian subsidiary of the California-based Parsec Interact Inc, has secured funding worth $3.3 million from Baring Private Equity Partners India (BPEP India) for expanding its US operations that cater mainly to people of south Asian origin. - Crisil assigns highest rating to ICICI Bank's car loan programme By : Finance News
Rating agency Crisil, today assigned its highest rating to ICICI Bank's car loan receivable securitisation programme amounting to Rs 204.8 crore. - BMC Capital Provides $2M Loan for a Multifamily Property in Seatac, Wash. By : Finance News
BMC Capital announced on Monday, August 28, 2006, that is provided a $2 million loan for the refinance of Four Seasons, a 58-unit apartment complex at 3251 S. 176th Street in Seatac, Wash., a southern suburb of Seattle. - ADB gives USD 180 mn loan to India's rural roads programme By : Finance News
Asian Development Bank has signed an agreement with the Indian government to give a USD 180 million (Rs 828 crore) loan to the rural roads development programme. - BusinessFinance.com Exposes 10 Creative Business Loan Programs By : Finance News
BusinessFinance.com has exposed 10 creative ways to obtain business financing in their Business Finance Coach. - BMC Capital Provides $2.8M Loan for an Apartment Complex in Bedford, Ohio By : Finance News
BMC Capital announced on Monday, August 28, 2006, that it originated a $2.8 million loan for the purchase of Glen Valley, a 104-unit multifamily property located at 840 Broadway in Bedford, Ohio, a suburb of Cleveland. - BMC Capital Provides $4.75M Loan for an Apartment Complex in Toledo, Ohio By : Finance News
BMC Capital announced on Monday, August 28, 2006, that it originated a $4.75 million loan for the purchase of Pine Place Apartments, a 192-unit multifamily property located at 2661 Tremainsville Road in Toledo, Ohio. - China trains professional debt collectors as bad loans mount By : Finance News
China has trained the first batch of 100 debt collectors as the profession, key to the recovery of many debt-ridden Chinese banks and financial institutions, is seeking legal status after the.... - Buying a Home? Compare Interest Only, Fixed Rate Loans By : Finance News
Upgrades to InterestOnlyLoans.com - MorSystems Helps Loan Officers Gain Referral Business Through New Referral Partner Tools By : Finance News
Free web pages/tools for all Referral Partners (Realtors, CPAs, Financial planners, developers etc). - Rising Bird, Inc Secures Hard Money Loan for the Expansion of Sage Femme Midwifery Services Inc By : Finance News
Ali Neesaneh, President and Kim Chea, Vice President of Rising Bird, Inc, a financial consulting firm, are pleased to announce the completion of hard money funding for the facility expansion of Sage Femme Midwifery Services Inc, San Francisco, California on August 25, 2006. - Repayment of 11.50 per cent Loan, 2006, due on Oct 21 By : More India News
The outstanding balance of 11.50 per cent Loan, 2006 (Second Series) of Government of India is repayable at par on October 21 and no interest will accrue thereafter. - New Legislation Brings FHA Loans Back Into Forefront By : Finance News
On July 26th, 2006, the U.S. House of Representatives voted to increase the scope and powers of the Federal Housing Administration by approving "The Expanding American Homeownership Act." At MortgageLoanPlace.com, low- and middle-income individuals can make the most out of these changes. Even if applicants have tried to get an FHA loan before and failed, these improvements to the program are so broad and powerful that anyone should consider trying again. - This Brief Examines the Five Key Factors That Are Set To Shape UK Retail Lending In 2007 and Beyond By : Finance News
Research and Markets (http://www.researchandmarkets.com/reports/c41561) has announced the addition of Five Factors That Will Shape the Future of UK Retail Lending to their offering. - Loan Franchises By : Finance News
Investing in a loan franchise could be a great business opportunity. As Gaebler Ventures puts it, "lending money has been a good way to make money since, well, the invention of money". - WatchYourWealth.com Launches Personal Finance, Consumer Loan, And Credit Information Site By : Finance News
WatchYourWealth.com provides information the credit reporting and financial industry doesn't want you to know. Featured articles include, the pitfalls of payday loans, the little known credit to auto insurance connection, and how to opt-out of pre-approved credit offers. - How Does Remortgage Loan Help? By : Finance News
Remortgage is about switching the earlier mortgage to another mortgage or to another lender for a better deal. - Look at the Factors Contributing to Cheapest Loans By : Finance News
Finding a cheap loan is of course a daunting task. But there are tricks to finding a cheap loan. Although raising funds is not always an easy task, it is necessary at.... - `Centre to ensure farm loans at reduced rate of interest' By : Finance News
Agriculture Minister Sharad Pawar today said the Centre would initiate immediate action to help the debt-ridden farmers of Wayanad district of Kerala avail loans at cheaper rates. - UWB NPAs may affect IDBI negatively: Standard and Poor By : Finance News
Global rating agency Standard & Poor's today said United Western Bank's huge bad loans may affect IDBI's financial profile negatively. - Citi Bank to pay Rs 50,000 for not providing loan details By : Finance News
A city consumer court has directed Citi Bank to pay a compensation of Rs 50,000 to a private company for the bank's failure to provide certain details of the loan disbursed to the latter. - Certain Areas Experience More Subprime Loans By : Finance News
Homeowners in the Southwest and Great Plains are twice as likely to receive a subprime refinancing loan as those in the Pacific and Northwest states. - SREI to disburse 40 pc more loans in 2006-07 By : Finance News
Infrastructure finance company SREI Infrastructure Finance Ltd today said it expects to disburse loans to the tune of Rs 3,500 crore this fiscal, up 40 per cent from 2005-06. - Educated unemployed youths to be given loan upto Rs two lakh By : Finance News
Over 27,000 educated unemployed youth in Tamil Nadu would be given loans upto Rs two lakh under the Prime Minister's Urban Youth Self-Employment Programme, Chief Minister M Karunanidhi said today. - Forceful dispossession of vehcile; ICICI to pay Rs 42,000 By : Finance News
Taking strong exeception to the forceful dispossession of a two-wheeler by the ICICI Bank Limited after the owner defaulted in loan repayment, a city consumer court has asked it to pay Rs 42,000 as compensation including the price of the vehicle. - BASAL closes India's first-ever loan syndication for NTPC Ltd By : Finance News
Banc of America Securities Asia Limited (BASAL), in association with Asian Development Bank (ADB), have closed the first loan syndication deal for an Indian corporate, NTPC Limited, under the ADB's complementary finance scheme (CFS). - India Infoline to enter Kuwait By : Finance News
Looking to tap the large Indian diaspora in the Middle-East, financial services provider India Infoline is planning to offer its services in Kuwait. - UPFC enhances loaning limits By : Business India News
The Uttar Pradesh Financial Corporation (UPFC) has decided to increase its loaning limits to companies and co-operative societies with immediate effect, an official sources said here today. - World Bank gives Rs 897 crores to Karnataka to improve health infrastructure By : Finance News
Impressed with Karnataka's performance in implementing the Health System Development and Reform Project, the World Bank has sanctioned a Rs 897 crore loan for the second phase of the scheme. - Farmers being made 'soft target' by banks: Cong CMs By : Finance News
The chief ministers of several Congress-ruled states today said farmers were being made a "soft target" by banks while recovering agricultural loans and sought to assure party chief Sonia Gandhi that they were taking precautions while alloting land for special economic zones. - Farmers to get loan on 6 pc interest soon: Pawar By : Finance News
The farmers in Maharashtra would be provided loan at an interest rate of six per cent through all the co-operative banks and co-operative societies, within 10-12 days, Union Agriculture Minister Sharad Pawar said here. - BMC Capital Provides $925,000 Loan for a Multifamily Property in Phoenix, Ariz. By : Finance News
BMC Capital originated a $925,000 acquisition loan for Highland Gardens East in Phoenix, Ariz. - Time To Pay Back Student Loans? Three Steps to Simplify and Reduce Payments Now By : Finance News
More than three million students graduated from U.S. colleges and universities last Spring. Not only did they carry a diploma, they also graduated with over $40 billion in college loans. - Amend: Fitch Rates Fremont Home Loan Trust 2006-E By : Finance News
This is a correction for a previous message issued on Dec. 6, 2006. It amends several of the amounts in the ratings list. - First Marblehead Announces Expected Revenues on $1.0 Billion Private Student Loan Securitization By : Finance News
The First Marblehead Corporation (NYSE: FMD) today announced its estimated revenues in connection with a previously announced securitization involving The National Collegiate Student Loan Trust 2006-4 (the “Trust”). The Trust expects to raise approximately $1.025 billion from the sale of asset-backed securities... - Fitch Issues Presale Report on Nelnet Student Loan Trust 2006-3 By : Finance News
Fitch Ratings has issued a presale report on Nelnet Student Loan Trust 2006-3.
The presale report is available to all investors on Fitch's corporate site www.fitchratings.com. - Fitch Rates Louisiana Public Facilities Authority Student Loan Revenue Bonds 'AAA' By : Finance News
Fitch Ratings assigns an 'AAA' rating to the $169.5 million Louisiana Public Facilities Authority's (LPFA) student loan revenue bonds series A-1, series A-2, and series A-3 (the series 2006 bonds). - Fitch Rates $1.269B Fremont Home Loan Trust 2006-E By : Finance News
Fremont Home Loan Trust issues mortgage-backed certificates, series 2006-E, are rated by Fitch Ratings as follows: - Pakistan and Japan ink 207 million dollar soft loan pact By : Finance News
Pakistan and Japan signed an agreement here on Wednesday whereby Japan would provide a soft loan of 207 million dollars (23.157 billion Yen) for two projects under its Official Development Assistance (ODA) to Pakistan. - ADB loan agreement not discussed in LDF: Viswan By : Finance News
The recent agreement signed by the Kerala government with the Asian Development Bank (ADB) for availing loan to develop five muncipalites was not discussed among the Left Democratic Front constituents, LDF convenor Vaikom Viswam said today. - TN distributes highest amount as loans through women SHGs By : Finance News
Tamil Nadu has topped among other states in disbursing the highest amount as loans through women Self Help Groups, a top official of NABARD said today. - Forest Oil Announces Completion of Alaskan Subsidiary Term Loan Financing By : Finance News
Forest Oil Corporation (NYSE:FST) (Forest or the Company) announced today that Forest Alaska Operating LLC (Alaska), a new subsidiary of Forest, has completed its previously announced placement of $375 million of term loan financing to fund a $350 million distribution to Forest and provide initial working capital for its operations. - According to Informa Research Services Pre-Approved Auto Loans Can Save You Bundles By : Finance News
According to Informa Research Services, as the world’s top automakers prepare to launch their new 2007 models at this year's auto shows, many consumers are turning to online sites like MSN Money (http://moneycentral.msn.com/loan/loan.aspx?iType=3) for the best financing deals. - Fitch Affirms COMM 1999-1 Commercial Mortgage P-T Ctfs By : Finance News
Fitch affirms Deutsche Mortgage & Asset Receiving Corp.'s commercial mortgage pass-through certificates, COMM 1999-1, as follows: - FHLBank Pittsburgh Awards $6.85 Million in Grants for 34 Projects with More Than 1,000 Units By : Finance News
The Board of Directors of the Federal Home Loan Bank of Pittsburgh (FHLBank Pittsburgh) has approved more than $6.85 million in grants under its Affordable Housing Program (AHP). The grants will help finance 34 housing projects across Delaware, Ohio, Pennsylvania and West Virginia, creating 1,017 units of housing with total development costs of more than $116 million. - Fitch Affirms Specialized Loan Servicing's Primary Servicer Ratings at 'RPS3' By : Finance News
Fitch Ratings affirms Specialized Loan Servicing, LLC's (SLS) residential primary servicer ratings for Alt-A, subprime, and home equity line of credit (HELOC) products at 'RPS3' and its special servicer rating at 'RSS3'. - Zoot Enterprises Introduces WebRules™ Business Rules Developer Version 6.1 By : Finance News
Zoot Enterprises, a leading provider of advanced instant credit decisioning and loan origination solutions, announced the release of Version 6.1 of its WebRules™ business rules developer. - $200 Million in Volume Cap Awarded to Student Lending Works By : Finance News
In 2005, the State of Ohio launched a program to offer students reduced-rate loans in an effort to drive down the cost of higher education and increase college-going rates in Ohio. - Fitch Affirms Bayview Loan Servicing's Small Balance CMBS Servicer Ratings By : Finance News
Fitch Ratings affirms Bayview Loan Servicing, LLC (BLS) primary servicer rating of 'CPS2 small loans' and its special servicer rating of 'CSS2 small loans'..... - Fitch Affirms Ocwen's Resi and Special Servicer Ratings By : Finance News
Fitch Ratings affirms Ocwen Financial Corporation's 'RPS2' residential primary servicer rating for subprime mortgages and its 'RSS2' residential special servicer rating. - Fitch Rates KnowledgeFunding Ohio Student Loan Revenue Bonds By : Fitness News
Fitch assigns ratings to the following student loan revenue bonds issued by KnowledgeFunding Ohio, Inc.: - CBT Surpasses $100 Million in Loans By : Finance News
The Connecticut Bank and Trust Company, (NASDAQ: CTBC), reported that total loans outstanding exceeded $100 million for the first time on December 20, 2006. - Fitch Rates BoAALT $335M 2006-9 By : Finance News
Fitch rates Banc of America Alternative Loan Trust 2006-9 mortgage pass-through certificates.......... - Neah Closes $1.55 Million Bridge Loan By : Finance News
Neah Power Systems, Inc., a Nevada corporation (Pink Sheets:NPWS) announces today that on December 27, 2006 and effective today, that it has entered into Bridge Loan Agreements and issued 6% Secured Promissory Notes Due May 26, 2007 to six accredited institutional investors in exchange for gross proceeds of $1,550,000. - End of road for low-cost loans; beginning for lower inflation By : Finance News
Nupur Acharya, Mumbai, Dec 31: Indians' romance with cheap loans finally ended in 2006, with the Reserve Bank industriously designing ways to make banks balance their lending and deposit portfolio. - Municipal Credit Union Employees Financial Plan Partners with Citizens Home Loan to Help Customers By : Finance News
National mortgage lender Citizens Home Loan today announced a new marketing agreement with Municipal Credit Union Employees Financial Plan (MCUEFP). - Corstone Capital Purchases $260 Million Non-Performing Loan Portfolio from China Huarong By : Finance News
Corstone Capital (Corstone) today announced a closing on the purchase of a portfolio of non-performing loans (NPLs) totaling over 2 Billion RMB (US $260 Million) in the Peoples Republic of China. - Ashford Hospitality Trust Acquires Mezzanine Loans Totaling $11.0 Million By : Finance News
Ashford Hospitality Trust, Inc. (NYSE: AHT):
Transaction Highlights:
Existing relationship with first mortgage lender and borrower leads to investment opportunity
Attractive initial yields given loan-to-value and per-key valuation
Both hotels to undergo renovation and brand conversion ... - Primus Completes $400 Million Collateralized Loan Obligation By : Finance News
Primus Guaranty, Ltd. (NYSE:PRS) has completed the offering of Primus CLO I, its first collateralized loan obligation. - Falcon Gas Storage Subsidiary Closes on $335 Million Bank Loan Facility By : Finance News
Falcon Gas Storage Company, Inc. today announced that its newly created wholly-owned subsidiary, NorTex Gas Storage Company . . . . - Fitch: U.S. Second Lien Loans Enter Mainstream, But Remain Vulnerable To Risks & Uncertainties By : Finance News
The U.S. second-lien leveraged loan market continues to evolve as market conditions dictate and is attaining more enduring status as a beneficial component of highly leveraged transactions, according to a Fitch Ratings report. Fitch notes, however, that while second lien leveraged loan volume has grown substantially since 2003, the market remains in its infancy and recovery rates for second-lien obligations are still vulnerable to many risks and uncertainties. - Citibank Announces Scholarship Program for The Fed Challenge By : Finance News
The Student Loan Corporation, a subsidiary of Citibank, N.A., that provides a full range of educational financing products to consumers and private label programs to other lenders, announced today that it will once again be the sole provider of cash scholarships, awards and grants for The Fed Challenge – a national high school economics competition sponsored by seven Reserve Banks and Branches in the Federal Reserve System. - Karnataka to consider waiver of farmers loans By : Finance News
The Karnataka government will consider waiver of farmers loans only if it earns higher revenue from auctioning government land which has been encroached by land grabbers, Deputy Chief Minister B S Yediyurappa said today. - CPI seeks more loans from SBI, Nabard for farm sector By : Finance News
CPI today sought more lending from SBI, NABARD and National Housing Bank, the three institutions in which the government will acquire control from the RBI, to agriculture and other priority sectors. - Charter Initiates Refinancing and Expansion of its Senior Secured Credit Facilities and a New Second By : Finance News
Charter Communications, Inc. announced today that it has engaged J.P. Morgan Securities Inc., Banc of America Securities LLC, and Citigroup Global Markets Inc...... - Fitch Rates Rehoboth McKinley Christian Hospital (NM) Revs 'B-'; Removed from Rating Watch By : Finance News
Fitch assigns a 'B-' rating to $7.53 million New Mexico Hospital Equipment Loan Council hospital refunding and facility improvement revenue bonds (Rehoboth McKinley Christian Hospital Project), series 2007A and series 2007A-T. In addition, Fitch affirms the 'B-' rating on the outstanding $2.705 million New Mexico Hospital Equipment Loan Council hospital facility improvement... - Freddie Mac Bans Unaffordable Subprime Home Loans By : Finance News
In recent years, lenders making higher-risk, higher-cost “subprime” home loans have flooded the market with dangerous hybrid mortgages, often approved without considering whether the borrower could afford the loan. - Federal Home Loan Bank of San Francisco Releases January 2007 Cost of Funds Index By : Finance News
The Federal Home Loan Bank of San Francisco announced February 28, 2007, that the 11th District Monthly Weighted Average Cost of Funds Index (“COFI”) for January 2007 is 4.392%. The index for December 2006 was 4.396%.
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