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Relevant details, please go to:
- Hale "Bonddad" Stewart: An Explanation Of The Fed's Commercial Paper and Coordinated Rate Cut Policy (HuffingtonPost)
www.huffingtonpost.com Lenders are so concerned about a borrowers solvency even in the short-term that no one is making even the shortest loan.
- Renting without reassurance (San Diego Union-Tribune)
www.signonsandiego.com Whether you own or rent, you're bound to end up with furniture, clothing, electronics and a whole lot of other stuff. But that's where the common ground ends.
- Fitch Places Citigroup's 'AA-' IDR on Watch Negative; Lowers Wachovia Corp. to 'BB-' (Centre Daily Times)
www.centredaily.com The strategic benefits of Citigroup Inc.'s (Citi) acquisition of Wachovia Corporation's (Wachovia) retail, corporate/investment and private banking operations are tempered by Citi's own escalating asset quality challenges, according to Fitch Ratings. Fitch has placed Citi's 'AA-' long-term Issuer Default Rating (IDR) on Rating Watch Negative following the announced agreement.
- Wachovia selects BWC Mortgage for loan restructuring in California - Bizjournals.com
www.bizjournals.com Wachovia selects BWC Mortgage for loan restructuring in California Bizjournals.com, NC - Oct 8, 2008 Wachovia may provide a new second mortgage to cover needed financing exceeding current FHA and conforming loan limits, BWC said in its release. ...
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