Archive for October, 2008

China is getting wealthy amid global financial crisis (cmi valparaíso)

Tuesday, October 28th, 2008

Is global financial crisis reshaping world politics, finance, banking, trade and outsourcing? Profiting from rising Chinese trade, yuan and stock market? How do over a half million international companies make profits in China?
Source:China is getting wealthy amid global financial crisis (cmi valparaíso)

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BRIC to coordinate efforts to overcome global financial crisis:Russ (New Kerala)

Tuesday, October 28th, 2008

Moscow, Oct 25: Russia plans to coordinate efforts jointly with BRIC countries, which comprise Russia, India, China and Brazil, to tackle the continuing global financial crisis.
Source:BRIC to coordinate efforts to overcome global financial crisis:Russ (New Kerala)

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FDIC boss touts mortgage-loan guarantees to help homeowners (Miami Herald)

Tuesday, October 28th, 2008

Sisters Annette and Karlene Parker said they broke down when their lender told them last week it was foreclosing on the Miramar home they have shared since 2006.
Source:FDIC boss touts mortgage-loan guarantees to help homeowners (Miami Herald)

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Interthinx(R) Mortgage Loan File Review Business Sees Explosive Growth, Bolsters Automated Fraud Detection (Business Wire via Yahoo! Finance)

Tuesday, October 28th, 2008

SAN FRANCISCO—-Agoura Hills, Calif.-based Interthinx® announced from the 95th Annual Mortgage Bankers Association’s Conference and Expo that, due to historic lender demand, the company is now completing more than 4,000 mortgage loan file investigations and quality control reviews each month — a 400 percent increase from a year ago.
Source:Interthinx(R) Mortgage Loan File Review Business [...]

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Bank regulator urges mortgage loan guarantees (Washington Post)

Tuesday, October 28th, 2008

WASHINGTON (Reuters) - A top U.S. banking regulator said on Thursday the government must do more to guarantee mortgage loans to persuade lenders to modify their terms and help ward off a rising wave of foreclosures.
Source:Bank regulator urges mortgage loan guarantees (Washington Post)

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