Bolivia to fund road projects with Venezuelan US$300 millions (Updated)

Updates: "Morales, Lula and Chavez sign agreements to build roads of integrationRiberalta (Beni), July 18 (ABI).-  Presidents of Brazil, Luiz Inacio Lula Da Silva; Venezuela, Hugo Chavez Frias and Bolivia,...

IndyMac Fails, Seized by U.S. Regulators

IndyMac Bancorp Inc. became the second-biggest federally insured financial company to fail today after a run by depositors left the California mortgage lender short on cash. "FDIC Establishes IndyMac Federal Bank,...

Japan says giving 300-million-dollar climate loan to Indonesia

Money? It's easy for the rich country like Japan."Toyako (ANTARA News) - Japanese Prime Minister Yasuo Fukuda on Wednesday announced a loan to Indonesia of 300 million dollars in the first batch of aid under Tokyo's...

Woman in India 'has twins at 70'

A woman in India, who is believed to be 70 years old, has given birth to twins after taking IVF treatment."Omkari Panwar has no birth certificate but if her age is proven it would make her the world's oldest mother. ...

'Girls Gone Wild' sued for $2 million in gambling debt

"LAS VEGAS, Nevada (AP) -- "Girls Gone Wild" founder Joe Francis is being sued by a Las Vegas Strip casino for $2 million in gambling debts from February of last year. Francis spokesman Ronn Torossian said Tuesday that the man who built the soft porn empire already had...

TransUnion launches Personal Loan Score

"Chicago and Hong Kong, (ANTARA News/PRNewswire-AsiaNet) - TransUnion today announced the launch of Personal Loan Score, the industry's first credit scoring tool designed to help businesses reduce delinquency of unsecured loans for the Hong Kong market. This scoring solution...

Huge Goverment Housing Bail Out Almost Ready

According to reliable sources, House and Senate banking committee leaders are close to an agreement on a landmark housing bill on which the Senate might vote on this week. This legislative package would, in part, authorize the Federal Housing Administration (FHA) to refinance...

New Dubai mortgage options will keep house prices moving up « Peter J. Coope...

" Now we have Amlak Finance’s Easy Start mortgage which offers lower payments over the first four years of a home loan with increased payments from year five. On a Dhs1 million loan this cuts payments from Dhs9,500 on the normal finance rate of 7.75 per cent to Dhs6,458,...

Wife Mortgaged to Loan shark

We have heard of  excesses of loan recovery agents. But in a shocking incident in India's eastern state of West Bengal a man was forced to keep his newly married wife as mortgage after failing to repay loan. "You could call it Bengal’s heart of darkness. Unable to...

The Vetter needed Vetting, Johnson resigns from Obama's VP Search

The Vetter needed Vetting, Johnson resigns from Obama's VP SearchA manager of Democrat Barack Obama's vice presidential search team resigned Wednesday amid criticism over his personal loan deals."Jim did not want to...

Bad Credit Mortgage Loans - Get Approved With a Recent Bankr

"A few years ago, if you had a bankruptcy or a foreclosure on your credit report, you could forget about trying to get a mortgage loan. If you were lucky enough to find someone who would finance you, your interest rate would be through the roof and plan on putting 10-20% down."

Six Proposed Goverment Financing Changes

FNMA and FHLMC have proposed 6 major changes to help stabilize the housing and home financing market. These changes include: 1.   The elimination of the "declining market" designation whichforced lenders to...

California Foreclosure Auction Sales Show 40-50% Discounts From Prior Sales

From a recent report by ForeclosureRadar it was show that: In April,it took California lenders an average of 140 days from Notice ofDefault to the property being sold at auction.Average discounts at auction were 25%, but nearly half of allproperties taken to auction offered...

Don't Let the Credit Crunch Smash College Dreams

As rebate checks arrive in households across the nation and recessionlooms in the balance, people continue to struggle with how to get aheadwithout falling behind. Many are looking to invest in themselvesthrough education, but are challenged to find the financial aidnecessary...

Archbishop attacks growing debt culture

Like in the US, the British have become additcted to borrowing. Today the utspoken and controversial leader of the Anglican church decried the creation of a debt culture that encourages people to spend what they don't have even in times of prosperity."Archbishop of Canterbury...

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