Tag - Business
Sales of houses have decreased and are experiencing a 4 year low. As per the National Association of Realtors, the median price has also taken a dive for the tenth month now. Homeowners are experiencing a very bad situation as they would have to...
You brought a credit card from the company thinking that the lower interest rate would make your life heaven but wait as this may cause more woes proving to be an expensive deal for you. Those attractive looking interest rates or APRs may cost you a...
Finance ministers of G8 have strictly warned not to give easy and cheap loans to the African countries, as they need to struggle a lot for repaying. After a two-day meeting held in Germany, a statement has been issued regarding the financial position...
The US Supreme Court in a path breaking ruling held that units of national banks were largely exempt from state regulation. The decision has infuriated critics who argue that it would further wear away the ability of California and other states to...
Reacting to the recent subprime-mortgage crisis the Federal resrve Chairman, Ben Bernanke, has said that a 30-year-old U.S. law requiring banks to serve their communities` credit needs must evolve. Speaking in a Fed Community Affairs Research...
Mortgage finance giant Freddie Mac has decided to buy as much as $20 billion in mortgages to help borrowers with high-priced loans stay on their survival course. Freddie Mac, the US mortgage finance provider, said that it would offer backing for up..
In case you have been denied credit don't feel dejected since only you only have the solution for it. Though you cannot really get into a tussle with the credit bureau but you can surely clean up your credit report. Before you go for a mortgage you...
In order to dissipate the heat out of the investment boom in China the country has decided to raise the amount of money which the banks are required to hold in reserves. This decision has been taken for the fourth time in this year in order to avoid...
Alan Greenspan, the former chairman of the US Federal Reserve and a well-known specialist on interest rate policy, has been roped in as a consultant by the operator of the world's biggest bond fund, the Allianz-owned Pacific Investment Management,...
These days an internet scam is troubling IRS taxpayers under which fraudulent emails are being sent to taxpayers of IRS which appear to have been sent by them. The email contains a link which asks the taxpayers for their personal and financial...
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