Archive for December, 2006

Glowing S&P report signals warning about Bermuda s straining … - Royal Gazette

Thursday, December 28th, 2006

Glowing S&P report signals warning about Bermuda s straining … - Royal Gazette
Glowing S&P report signals warning about Bermuda s straining …Royal Gazette, Bermuda - 2 hours agoS&P was commissioned by the Government to give the Island a sovereign credit rating, which is a measure of a government s credit risk and is a service …

Little-known tax credit aids charities (Tucson Citizen)
Many charities are struggling to get the word out about a little-known tax credit that benefits them, in contrast to the tax-credit marketing machinery of public and private schools at the end of the year.

‘You have to give credit to India’ - Prince (Cricinfo via Yahoo! UK & Ireland Sport)

Thursday, December 28th, 2006

‘You have to give credit to India’ - Prince (Cricinfo via Yahoo! UK & Ireland Sport)
South Africa v India, 2nd Test, Durban, 2nd day

Radian Applauds President Signing Mortgage Insurance Tax Deductibility Law 

Thursday, December 28th, 2006

Radian Applauds President Signing Mortgage Insurance Tax Deductibility Law 
PHILADELPHIA, Dec. 20 /PRNewswire-FirstCall/ — President Bush today signed into law a bill making mortgage insurance premiums tax deductible.

Lesson of Dodge & Cox Balanced Fund: slow, steady path to profit 
What’s a simple old-fashioned bond investor to do? Yields remain stubbornly skimpy everywhere you look in the market for interest-bearing securities. The going rate on 10-year Treasury notes, at a bit more than 4.5 percent, languishes far below its average of 6.3 percent over the past 20 years.

Will you people stop doing drugs!!!!

Wednesday, December 27th, 2006

Will you people stop doing drugs!!!!
Rolling Stone - Was the 2004 Election Stolen?Rolling Stone - Rolling Stone - Poor Credit Home Improvement Loan Poor Credit Home Improvement Loan - Open Thread: Was the 2004 Election Stolen? | 7/7/2006, 2 Open Thread: Was the 2004 Election Stolen? Rolling Stone

BUSINESS NEWS
OregonLive.com - SAN FRANCISCO (AP) Wells Fargo & Co. is launching a new program to help mortgage borrowers with poor credit records improve their plight and help the bank shake off years of accusations depicting it as a predatory lender. New chip provides

California Mortgage Brokers And Lenders Loan Approvals With Good
Best Syndication - Mortgage brokers have the ability to locate the perfect home loan for your credit type. Before lenders began offering a range of home loans, getting approved for a mortgage loan with poor credit was impossible. View our Recommended California

Deadbeats get a brake
Toronto Sun - Motorists with poor credit ratings often hit a dead end trying to buy or lease a vehicle. But credit-challenged drivers can now opt to have an on-board device installed on their car that not only warns a driver when payments are

Sprint Names Gary Forsee As Chairman
Associated Press - Company officials have estimated they will continue to attract smaller numbers of subscribers well into next year as they try to weed out poor credit risks and other low-paying customers. Sprint shares, which have traded in a 52-week range of $15.92

Budget gets Cabinet’s OK despite failing to address future social …

Tuesday, December 26th, 2006

Budget gets Cabinet’s OK despite failing to address future social …
The Japan Times, Japan - Dec 24, 2006… It means that the benefits of soaring tax collections may only be temporary,” Standard & Poor’s credit analyst Takahira Ogawa wrote in a report. …

Dormant Accounts Will Be Used as Loans for Poor
Korea Times, South Korea - Dec 21, 2006… livelihoods. Low-income households with poor credit ratings have trouble borrowing money from banks or other financial services companies. …

Beacon Mortgage Solutions Warns Home-buyers Over ‘Unscrupulous’ …
Emediawire (press release), WA - Dec 13, 2006… Lenders can make big money out of borrowers with poor credit ratings, and mortgage brokers frequently fail to make basic checks - and even lie about clients …

S&P affirms General Motors’s ratings
Hemscott, UK - Dec 13, 2006… GM’s ability to generate adequate profitability and cash flow in this key region for the foreseeable future,’ said Standard & Poor’s credit analyst Robert …

Avoid Mortgage Traps
Motley Fool - Dec 13, 2006… They’re exceptionally common in loans made to those with poor credit scores, but according to mortgagetrap.org, “about 10% of all ARMs (adjustable-rate …

How To Make Factories Play Fair

Tuesday, December 26th, 2006

How To Make Factories Play Fair
BusinessWeek - Refinance Your Mortgage - Bad Credit OK Do you have bad credit? Need to refinance your mortgage? Complete a brief online form (takes less than 60 seconds!) and get up to four home refinance quotes today. This offer is restricted to US residents

A Matter Of Lifestyle
Local 6 - Insurers worry that people with bad credit or a bankruptcy in their past might not pay their insurance premiums, says Termassistant.com’s Place. And since it takes an insurance company roughly five or six years to break even on the underwriting

Who’s in Charge?
American Progress - Why do credit card companies continue to issue cards to customers who are such bad credit risks? What aspects of credit cards most often lead consumers into debt traps? What specifically can policymakers do to solve these problems, and are these

Online Press Release
PRWeb - The recognized leader in online news and press release distribution service for small and medium-sized businesses and corporate communications. PRWeb pioneered Free Press Release Distribution and continues to set the standard for online news

NO CASH, NO HOME
Myrtle Beach Online - Lenders willing to take risks on low-income buyers with bad credit, sometimes based on misleading or falsified loan applications. Long-term mortgages with high interest rates and other costs for homes that may lose rather than gain value over the life

Fitch Affirms Gramercy CRE CDO 2005-1 

Monday, December 25th, 2006

Fitch Affirms Gramercy CRE CDO 2005-1 
NEW YORK—-Fitch affirms all classes of Gramercy CRE CDO 2005-1, Ltd. notes as follows: $513,000,000 Class A-1 floating-rate affirmed at ‘AAA’; $57,000,000 Class A-2 floating-rate affirmed at ‘AAA’; $102,500,000 Class B floating-rate affirmed at ‘AA’; $47,000,000 Class C floating-rate affirmed at ‘A+’; $12,500,000 Class D floating-rate affirmed at ‘A’; $16,000,000 Class E floating-rate affirmed …

Moody’s Corporation Acquires Wall Street Analytics 
NEW YORK—-Moody’s Corporation announced today that it has acquired Wall Street Analytics, Inc., a leading developer of sophisticated structured finance analysis and monitoring software.

Ratings agency upbeat on SKorea but warns of Nkorea nuke threat 
An official at the central Bank of Korea arranges bank notes at the bank’s basement in Seoul. According to Standard and Poor’s report, South Korea’s economy will have a good year in 2007 but North Korea’s nuclear ambitions remain a threat to stability.

Shuttered homes, blighted blocks

Monday, December 25th, 2006

Shuttered homes, blighted blocks
Denver Post - Poor credit? First-time buyer? Call for a free two-minute pre-approval,” another urges. From August to October, the median sale price on existing homes in Green Valley Ranch was $185,450, down from $201,000 during the same months a year ago

CityTalk Signs Definitive Agreement to Acquire Wireless Tower
TMCnet - Those with poor credit tend to use traditional prepaid services with per minute costs that are four-to-ten times higher than CTI’s services.” Sullivan continued: “The experience of the CTI team in executing acquisitions, growing operations, building

High-Cost Mortgages Putting Many Homeowners at Risk
Washington Post - A record number of homeowners with high-cost mortgages have fallen behind on their payments or are facing foreclosure, a side effect of the growth in lending to people with poor credit, according to an industry group survey released yesterday. About

Utah too lax on payday lenders?
Deseret News - Pignanelli says payday lenders must charge high interest because they are dealing with people with poor credit whose loans are not secured. He says companies need to cover the costs of loan processing and make a profit. He says any interest rate cap

Credit Challenged Car Buyers Find Help Online
WLNS - Yet credit experts agree that demonstrating responsibility by buying a car on credit, and making regular payments, is a good way to help improve a poor credit score. “Credit challenged consumers can become trapped in a bad credit conundrum,” says

Identity Theft: It Could Happen To You 

Monday, December 25th, 2006

Identity Theft: It Could Happen To You 
Identity theft, we always believe it will never happen to us. | Betty Eskew felt that way, but now as an identity theft victim she must deal with frozen assets and a bad credit rating for the next seven years. | | Betty Eskew opened up Hairvoyant hair salon 13 years ago. | For 13 years she never experienced any problems, but a few weeks ago, all that changed…

1997 Pontiac Sunfire from North America 
What things have gone wrong with the car? Replaced the battery once, alternator once and fuel tank. General comments?

1998 Dodge Ram 1500 Van from North America 
What things have gone wrong with the car? I hope there is enough room. To start with from the begining the engine has spark knocked. Per owners book this is OK only if it is not a heavy spark knock.

2001 Oldsmobile Alero GL from North America 
“Best domestic small car out there!” What things have gone wrong with the car?

Bah and humbug - and keep your online offers 
If it is not too late, here is a list of things I don’t want for Christmas. Please, don’t give me any more hand or body lotion, at least until I’ve used up the 10-year supply I’ve amassed over the last, say 10 years.

Dealing with parents’ big credit card debt (Bankrate.com via Yahoo! Finance)

Saturday, December 23rd, 2006

Dealing with parents’ big credit card debt (Bankrate.com via Yahoo! Finance)
What’s a son or daughter to do when the parents are frail but deep in credit card debt? The Debt Adviser outlines the ugly possibilities.

Microsoft declares dividend - BusinessWeek
Microsoft declares dividendBusinessWeek - Dec 21, 2006Refinance with Bad Credit - Low Rates Compare up to 4 FREE offers from problem credit mortgage experts! Save $1000's. Serious refinance inquiries only. …

Getting a Mortgage with Bad Credit - phillyBurbs.com
Getting a Mortgage with Bad CreditphillyBurbs.com, PA - 13 hours ago(ARA) - Having bad credit is not the end of the world and it s not impossible to get a loan. Generally, credit scores below 600 are considered sub-prime and …

An epidemic of bad governance (Daily News)
DISEASES: All credit to the Deputy Epidemiologist, Dr. Paba Palihawadana, for coming out with the truth with regard to the rapid spread of Chikungunya in the country.