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NEW YORK -- Standard & Poor's has cut its investment-grade credit ratings on PNC Financial Services Group Inc. by one notch, due to some concerns over the bank's acquisition of National City Corp. Standard & Poor's Ratings Services said the ratings ...
Read moreS&P cuts PNC ratings after National City purchase - Cleveland Plain Dealer Blog
WASHINGTON , Jan. 8 /PRNewswire-USNewswire/ -- The subprime market for home loans has dried up for now, but the bad subprime loans made at the height of the mortgage bubble continue to damage neighborhoods and drown the economy in foreclosures. New ...
Read moreNew Research: Fallout from Reckless Lending Continues as Foreclosures ... - Earthtimes
TOKYO: The Bank of Japan said on Thursday it will provide 1.22 trillion yen ($13 billion) in emergency loans to financial institutions as part of a new program to spur lending to the country's businesses. Japan is mired in a recession with little ...
Read moreBank of Japan starts emergency loan program - Economic Times
Thursday, January 8, 2009 Japan is mired in a recession with little relief in sight, and many of its major banks have tightened their purse strings, cutting back on purchases of bonds and commercial paper from domestic companies. This can paralyze ...
Read moreBank of Japan starts emergency lending program - San Francisco Gate
Scott Burns was a Dallas Morning News columnist for 21 years. Today he is a syndicated columnist and a principal of Plano-based investment firm AssetBuilder Inc. E-mail questions to scott@ scottburns.com. I just received my new credit card statement ...
Read moreGot a high credit card rate? Take control and break even! - Dallas Morning News
TOKYO - THE Bank of Japan said on Thursday it will provide 1.22 trillion yen (S$19 billion) in emergency loans to financial institutions as part of a new programme to spur lending to the country's businesses. Japan is mired in a recession with little ...
Read moreBoJ starts loan program - Straits Times
Sales of new and existing homes continue to decline in the U.S., as assets of all stripes are re-priced lower and consumers become more risk averse. But the news in real estate is not all bad, and in some of the hardest-hit areas, like California ...
Read moreReal Estate Resurrection Begins - Forbes
( THIS OLD HOUSE ) -- If you dare to look out your window at houses for sale, you might be surprised at what you can buy and with how little money. Prices are falling, and inventory is plentiful; it's a buyers' market. Alas, credit is so tight ...
Read moreBest bet for a home loan now - CNN
WASHINGTON - January 8 - Â In 1902, faced with an outbreak of smallpox, the City of Cambridge, Massachusetts, adopted a mandatory vaccination law. Challenged by a Mr. Henning Jacobson as an unconstitutional infringement upon his liberties, this ...
Read moreREPORT: Time to Quarantine the Foreclosure Epidemic - Common Dreams
Florida regulators have proposed sweeping changes to state law that would make it tougher for mortgage professionals to get and retain licences and that would cap fees at 2 percent of a loan's value. The changes -- aimed at providing greater ...
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