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Govt mulls Rs 75,000 cr refinance window - Business StandardThe broad plan is to provide refinancing through India Infrastructure Finance Company Ltd (IIFCL), the government-owned special purpose vehicle set up in 2006, National Housing Bank (NHB) and Small Industrial Development Board of India (Sidbi), a ...
Centre mulls Rs 75K crore refinance window - MSN IndiaNew Delhi: The government and Reserve Bank of India are working on opening a massive Rs 75,000 crore refinance window to provide concessional funds for infrastructure, housing and small and medium enterprises by partly leveraging the country's ...
Dow slips below 8,000 on growing fear of deflation - WTOP RadioWASHINGTON (AP) - A growing fear of economic deflation helped take the air out of the stock market Wednesday, and another white-knuckle final hour on Wall Street pushed the Dow Jones industrials under 8,000 to their lowest close since the financial ...
Latest Pictures - Newstrack Indiato the merger of the State Bank of Saurashtra with the State Bank of India to enable... Bank of Saurashtra by the State Bank of India , in terms of section 35(2) of the State Bank of India Act, 1955 ii) to introduce Bill (a) repealing State Bank of ...
Columbia Bank is an Approved FHA Mortgage Lender - Biloxi Sun HeraldFAIR LAWN, N.J., Nov. 21 /PRNewswire/ -- Columbia Bank today announced that it has begun accepting applications for Federal Housing Administration (FHA) Residential Mortgage Loans within New Jersey. As an approved FHA lender, Columbia Bank has been ...
Congress set to question Paulson, Bernanke - Newsweek(NEW YORK) The two top salesmen for a $700 billion financial bailout are in for a grilling by Capitol Hill lawmakers just one week after the administration officially ditched the original strategy behind the rescue. Federal Reserve Chairman Ben ...
Lawmakers press Paulson on bailout plan changes - Seattle Post IntelligencerWASHINGTON -- Faced with exasperated lawmakers upset by shifts in bailout strategy, Treasury Secretary Henry Paulson launched a spirited defense Tuesday of his handling of the $700 billion program and expressed fresh reservations about tapping the ...
Paulson says bailout not for mortgage guarantees - Seattle Post IntelligencerWASHINGTON -- Treasury Secretary Henry Paulson expressed fresh reservations Tuesday about tapping a $700 billion bailout pool to provide mortgage guarantees to help stem soaring home foreclosures. Paulson and Federal Reserve Chairman Ben Bernanke ...
NHB may help construct more roofs for aam aadmi - Economic TimesNEW DELHI: In yet another move to provide more funds to cash-strapped housing finance companies (HFCs), the Reserve Bank of India (RBI) is looking at augmenting the resources of the National Housing Bank (NHB). NHB can use the funds to extend greater ...
RBI stimulus for strapped credit mkt - Economic TimesMUMBAI: A day after the G20 global leaders’ meet on tackling the financial crisis, the Reserve Bank of India took the lead among central banks in moving to boost credit markets. The central bank removed the additional capital requirement placed on ...
Today's Mortgage Terms starting with H
Home Equity Line of Credit: A type of revolving credit in which your home is used as collateral.
Home Equity Loan: A revolving line of credit or loan based on the equity in the mortgagor's property. The property is the collateral for the loan, which is usable for any purpose.
Housing and Urban Development (HUD): A U.S. government agency created to introduce federal housing and community development programs; manages the Federal Housing Administration.
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