June 15, 2008

Purchase a new home or refinance an existing loan

Has the credit crunch hit your home equity line? - Christian Science Monitor
For many high school seniors, spring graduation marks the start of the transition to college. It is also the time when parents finalize their college-financing plans. Unfortunately, those preparing to write large checks this fall to cover college
Source: www.csmonitor.com

Obama had better hire vetter to vet the vetters - St. Petersburg Times
Story Tools Before we leave the subject of Barack Obama's ill-fated selection of James A. Johnson to vet potential vice presidential candidates, we should consider what it says about the presumptive Democratic presidential nominee's judgment and his
Source: www.tampabay.com

Nothing left but bank's bad name - Minneapolis Star Tribune
Investors always need to do their homework on anything they get involved in. Don't trust relatives or anyone to make decisions with your read more money. When it comes down to it People will play with others money. This is not the 1940's and 50
Source: www.startribune.com

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The Alberta government

Hedge investors hunt for next blockbuster strategy - MSN MoneyCentral
LONDON (Reuters) - Top hedge fund bosses will debate whether an upturn in distressed investing or profitable macro strategies offer 2008's blockbuster trade, just as short subprime was in 2007, when they meet in Monaco this week. GAIM International
Source: moneycentral.msn.com

Who's revved up, who's stalled - Detroit Free Press
CNN: Cable network enjoys 50% boost in viewers, topping Fox and MSNBC, due mainly to political junkies following drawn-out Obama-Clinton primary battle. Can Obama-McCain hold 'em through the fall? MICHAEL CURRY: Former Pistons player named new head
Source: www.freep.com

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June 11, 2008

Pensions

Negative equity: Mortgage lenders seek transparency over valuations - Guardian Unlimited
Housebuilders will be required to tell mortgage lenders about any incentives they have given homebuyers, under changes designed to reduce the chance of new-build properties falling into negative equity. Announced today, the measures are a result of
Source: www.guardian.co.uk

Tight credit won't slam home values - Seattle Times
Rising defaults and foreclosures and an oversupply of homes are more likely to stunt a real-estate recovery than tighter mortgage standards, lenders say. "I think improvement [in the real-estate market] can occur while standards are still this tight
Source: seattletimes.nwsource.com

UK housing market: 'beyond tipping point' - Daily Telegraph
The UK housing market has "gone beyond tipping point", according to Merrill Lynch, raising the prospect that prices may be headed for a steep downturn similar to that Britain saw in the early 1990s. The investment bank said there was increasing
Source: www.telegraph.co.uk

Mortgages With No Money Down Still Available - Washington Post
Despite the bursting of the housing bubble, it's still possible to buy homes with no money down. In fact, it's possible to borrow up to 105 percent of the purchase price, leaving the buyer with more debt than the house is worth. It might sound like a
Source: www.washingtonpost.com

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June 5, 2008

Stocks and Shares

Estate Planning Trusts

Source: digg.com

Wondering About Charitable Remainder Trusts

Source: www.ctmbooks.com

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June 4, 2008

Horse and Pony

Welcome to the Horse and Pony website.

Our interactive and knowledge base website is here to help you.

Now you can share your questions and experiences with other like-minded horse owners, riders and experts.

If you need some advice, type your question in the search box above. If you want to share your thoughts, just click on the question that interests you and submit your comment.

Please visit our website for more information www.horseandpony.us

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June 3, 2008

New York Post

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Fitch Ratings has taken the following rating actions on Wisconsin Avenue Securities Mezzanine REMIC pass-through certificates Fannie Mae REMIC Trusts. Unless stated otherwise, any bonds that were previously placed on Rating Watch Negative are removed. Affirmations total $44.2 million and downgrades total $9 million. …more

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June 2, 2008

Investment trusts are selling nearly 2 trillion yen

Fred Olsen Energy secures new $1.5 billion credit facility - CNBC
OSLO (Thomson Financial) - Fred Olsen Energy ASA said it has secured a new six-year credit facility of up to $1.5 billion. The credit facility, set up via FOE's wholly-owned Dolphin International subsidiary, "will be used to prepay existing loans and
Source: www.cnbc.com

Letters: A rebuttal on foreclosures - Philadelphia Daily News
Like a good conservative, he blames the government, and, in this case, I agree with him, but not for his cited reasons. The government never forced mortgage brokers into given loans to unqualified applicants. It was the conservatives running our
Source: www.philly.com

Mortgage lending: Approvals hit record low - Guardian Unlimited
Approvals for home loans fell to a record low in April, according to figures released by the Bank of England today. Mortgage approvals fell to 58,000 from 63,000 in March - 7,000 less than the 65,000 total predicted by analysts. The figure is the
Source: www.guardian.co.uk

Asset-Backed Bond Sales Slump in Europe as Delinquencies Soar - Bloomberg
June 2 (Bloomberg) — Sales of asset-backed bonds in Europe have slowed to the least in 10 years as the contagion from the subprime mortgage collapse causes loan delinquencies and borrowing costs to rise. Banks and financial institutions sold 22
Source: www.bloomberg.com

Nomura to enter U.S. retail mutual fund market - Reuters
TOKYO (Reuters) - Nomura Holdings Inc (8604.T: Quote , Profile , Research ) has inked a deal to become the investment manager of a U.S. mutual fund specializing in Japanese issues, marking its full-scale entry into the U.S. retail mutual fund market
Source: www.reuters.com

Mortgage approvals at record low - Western Telegraph
The number of mortgages approved for people buying a home fell to a new low for the second successive month in April, the Bank of England said. Just 58,000 loans were approved in April, the lowest since the Bank began collecting data 15 years ago
Source: www.westerntelegraph.co.uk

B&B says 2008 UK house price expectations worsen - Reuters
LONDON, June 2 (Reuters) - British mortgage bank Bradford & Bingley (BB.L: Quote , Profile , Research ) has brought down its expectations of a "modest" fall in UK house prices this year, as part of its re-evaluation of previous, "over-optimistic
Source: www.reuters.com

Nomura launches $3.3 bln distressed Europe fund - Guardian Unlimited
TOKYO, June 2 (Reuters) - Nomura Holdings Inc., Japan's largest brokerage firm, said it had started a 2.1 billion euro ($3.3 billion) fund to buy distressed European assets, positioning itself for the end of the credit crunch, and getting its global
Source: www.guardian.co.uk

Barclays and RBS raided by OFT in loans probe - Times Online
Barclays and Royal Bank of Scotland have been raided by the Office of Fair Trading (OFT) as part of an investigation into price fixing in loans to professional services firms. In a statement, the the consumer watchdog confirmed it had raided two
Source: business.timesonline.co.uk

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Investment trusts are selling nearly 2 trillion yen

Abandoned by family, these women from small towns perhaps know best what it means to have nothing; no food, no shelter and no support. But they were rescued from inevitable penury by an unexpected saviour, a driving academy for women. May 15 marked ..more

The ailing California budget has state officials looking at ways to cut the ranks of Medi-Cal recipients who are no longer eligible for the program that provides critical medical coverage for the poor, elderly and disabled. Advocacy groups, however ..more

Sherry and Frank Rutherford, of Renton, live in a house that is paid for and they pay off credit cards every month. This is the latest in a series of monthly "financial makeovers" by The Seattle Times for readers who want to get real about their ..more

The Australian Retailers Association, which represents more than 5000 retailers, said apparel sales were slashing prices as shoppers struggled with tough economic conditions. "Quite clearly there's been a downturn and the retailers are not into full ..more

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It's a familiar tune, played this time with frenetic urgency. After tens of thousands of job losses and decades of talk about fuel efficiency, Detroit's automakers say that this time they are serious about slashing costs and shifting from trucks to ..more

I'm talking about your money, specifically the paycheck you get every week or two weeks or each month. You deposit it and pretty soon you realize that most of it is gone. If you're fortunate, by the time you realize most of it is gone, the next one ..more

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May 26, 2008

Comparison Centre demystifies mortgages

Unrest in housing industry affecting Iowa banks - Chicago Tribune
DES MOINES, Iowa - Unrest in the nation's housing industry is having an impact on Iowa banks, who saw a surge in the number of problem loans last year. According to a copyright story in The Des Moines Register, reports filed with the Federal Deposit
Source: www.chicagotribune.com

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May 25, 2008

Calyon faces task to recover reputation

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