Archive for July, 2010
The Week Unzipped: Older employees ‘face loss of perks’ at work
PENSION reform remained at the top of the government’s agenda last week with changes to the retirement age and tax regime.
Britain’s banks bounce back
Britain’s five biggest banks are forecast to report bumper half-year profits totalling more than £12bn this week, just a year after the sector was reeling from multi-billion-pound losses.
Lenders reject nine out of 10 applicants welcome to the 90 per cent loan
Banks and building societies are tripping over themselves to be seen as helping first-time buyers arguably the most sidelined group of borrowers since credit crunch hit nearly three years ago.
Negative Equity Breakdown
Here is some data from a recent congressional briefing by Mark Zandi, Chief Economist of Moody’s Economy.com, and Yale Professor Robert Shiller.
How to Be a "Super Saver"
Couple That Makes $80K Annually Saves Half of Every Paycheck, Have Banked $2 Million for Retirement
Barclays Cuts Rates on its 80 Percent Loan to Value Mortgages and Introduces ‘Drop Lock’ Facility
Barclays is reducing rates on its Woolwich mortgages by up to 0.21 percentage points from Thursday 29th July and at the same time introducing a drop lock facility for all new mortgage customers.
Nervous About Social Security? Better Prepare Now
If the government has to change Social Security, people may need to put aside a lot more money to make up for any reduction in benefits.
Fitch Downgrades Bear Stearns Series 1999-WF2; Assigns Outlooks, LS and Recovery Ratings
NEW YORK—-Fitch Ratings downgrades and assigns Loss Severity Ratings, Recovery Ratings and Rating Outlooks to the following Bear Stearns Commercial Mortgage Securities Trust, series 1999-WF2 commercial mortgage pass-through certificates: –$9.5 million class J to ‘B-/LS3′ from ‘B+’, Outlook Negative; –$10.8 million class K to ‘C/RR2′ from ‘B-’, Outlook Negative.
Fitch Affirms MLMT 2004-MKB1; Assigns Loss Severity Ratings
NEW YORK—-Fitch Ratings has affirmed, assigned Loss Severity Ratings and Rating Outlooks to Merrill Lynch Mortgage Trust commercial mortgage securities, series 2004-MKB1 as follows: –$87.1 million class A-2 at ‘AAA/LS1′; Outlook Stable;–$65 million class A-3 at ‘AAA/LS1′; Outlook Stable;–$169.7 million class A-4 at ‘AAA/LS1′; Outlook Stable;–$105.1 million class …
BNCCORP, INC. Reports Second Quarter Results
BNCCORP, INC.
