lending Archive
DJ Europe Mulling New Role For ECB, Lending To IMF-Greek FinMin
Hint of German support? *DJ Europe Mulling New Role For ECB, Lending To IMF-Greek FinMin
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mtg apps dip
Fed, Housing, Interest Rates
Jun 29, 2011
How does that go again about low rates helping housing? Mortgage Applications Dipped Last Week June 29 (Reuters) — Applications for U.S. home mortgages slipped last week as demand waned, even as mortgage rates dropped, an industry group said Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage application
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Small banks being crushed by Fed’s game of musical chairs
Small banks, already penalized with a higher cost of funds than the large banks (link) have more recently been forced to contract due to ‘wholesale funding’ restrictions being imposed by the regulators. Bank regulators distinguish between what they call ‘retail’ and ‘wholesale’ funding, and have set limits of small banks for ‘wholesale’
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mtg apps for new purchases fall again
Housing
Jul 07, 2010
Seems the fall off after the tax credit ended April 30th has yet to fully run its course: US Mortgage Applications Soar on Refinance Demand July 7th (Reuters) —Refinancing drove total U.S. mortgage applications to a nine-month high last week, while demand for loans to purchase homes sunk to a near 13-year
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CCB to Reduce New Lending by 70% as Risks ‘Evident,’ Zhang Says
China
Aug 07, 2009
[Skip to the end] This looks ominous if not ‘replaced’ by deficit spending. CCB’s Second Half New Loans to Fall, President Says Bloomberg News August 7th (Bloomberg) — China Construction Bank Corp. will reduce new lending by about 70 percent in the second half after a surge in loans in the first
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New Fed securities purchases
Fed
Nov 26, 2008
[Skip to the end] I like this part, after all the criticism of lenders who relied on credit agency ratings: “Each month, the Fed will auction off a fixed amount of one-year loans based on competitive bids to borrowers who will use the loans to purchase newly- or recently-issued AAA-rated consumer and
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Re: Fed to lend to CBs in unlimited quantities
Email
Oct 13, 2008
[Skip to the end] (email exchange) > > On Mon, Oct 13, 2008 at 3:00 PM, Craig wrote: > > Since nobody understand the local currency / foreign currency distinction and > since these obligations are part of the normal financial commerce of these > countries, is it possible that these loans will allow the markets
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