Archive for May, 2011

Tuesday May 31, 2011 12:48

NBFCs big takers of bank credit

Even as RBI has withdrawn priority sector status for bank credit to NBFCs for the purpose on on-lending, loans to NBFCs have risen sharply by 55.7% year-on-year in April , 2011. This is way above the growth reported in 2010-11 of 24%. View full post on All Stories

New York Times Tuesday, May 31, 2011 Housing prices fell in March to their lowest point since the downturn began, erasing the last little bit of recovery from the depths plumbed two years ago, according to data released Tuesday. The Standard & Poor’s Case-Shiller Home Price Index for 20 large cities fell 0.8 percent from [...]

Tuesday May 31, 2011 00:26

Housing market set for recovery

House prices are predited to be 16 per cent higher by the end of 2015 following a four-year recovery in the market due later this year. Related Stories Lohan begins prison sentence View full post on All Stories

“Federal Court shuts down Augusta tax return preparers” is categorized as “local”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page. If you are a new American Banking & Market News reader, we would like to welcome you to our website. American Banking [...]

First Heritage Bank was closed Friday by the Washington Department of Financial Institutions. Sidus Financial LLC said that it was halting new lock requests from mortgage brokers and correspondent customers. Including banks and credit unions, the failure or closing of 65 mortgage-related operations have been tracked by MortgageDaily.com during 2011. View full post on Mortgage [...]

Santo Domingo.- The construction sector’s current difficulties stem from sagging housing sales and stalled constructions, and what’s worse, many buyers have had to return properties bought with loans, revealed the new president of the Housing builders and promoters grouped in (Acoprovi. View full post on Business Stories

Monday May 30, 2011 14:00

Towns reflect on tornado anniversary

As they dig out, tornado victims in the South and Midwest might find it hard to see past the wreckage of their communities to a future in which homes and businesses are rebuilt and life is back to normal. View full post on United States Stories

The information in your credit report can make or break you when it comes to getting a loan. Lenders will look at that information to see what type of financial history you have before they decide to lend or not to lend. A new study finds some of that information can be wrong. View full [...]

Monday May 30, 2011 12:31

O.C. homebuilder plans hit 5-year high

Orange County homebuilders ignored signs of a weakening housing market and took out more building permits last month than for any April in the past five years, new figures from the non-profit Construction Industry Research Board show. And the number… View full post on All Stories

UAE. Banks in the United Arab Emirates should bring down interest rates on loans as much as possible since they are awash with liquidity, a daily on Monday quoted the country’s central bank governor as saying. Bank deposits in the world’s No.3 oil View full post on All Stories

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