6 ways to sabotage savings
Hate the idea of having a big savings account? Follow these six tips to ensure that you never have money in a savings account or emergency fund.
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HSBC in US$45 billion bailout for two structured investment vehicles HSBC Holdings PLC, Europe's largest bank, said Monday it will consolidate two structured investment vehicles, Cullinan Finance Ltd. via Canadian Business Magazine read more...
IndyMac eyes IPO for blossoming reverse mortgage biz (Market Watch) NEW YORK (MarketWatch) - IndyMac Bancorp Inc. said Monday said it's considering an initial public offering for its Financial Freedom Senior Funding Corp. as net income at the reverse mortgage
Sharp increase in mortgage arrears at Northern Rock (Independent) Northern Rock revealed yesterday that the number of mortgage borrowers in arrears has increased sharply since the bank was nationalised, as tougher economic conditions bite. read more...
U.S. dollar steady after jobless claims decline The U.S. dollar held steady early Thursday morning after labour reports showed a decline in initial jobless claims for the previous week.read more...
Luminent Mortgage Capital, Inc. Announces 2nd Quarter Earnings (PR Newswire via Yahoo! Finance) Luminent Mortgage Capital, Inc. today reported net income for the quarter ended June 30, 2005 of $6.2 million, or $0.16 diluted earnings per share, and REIT taxable net income
Regulators Close Two U.S. Banks Regulators Close Two U.S. Banks Federal regulators have closed two banks in the U.S. West, saying they were undercapitalized due to the poor performance of home mortgage loans.read more...