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LeasePlan plans 2-year guaranteed bond -IFR - ForbesLONDON, Dec 4 (Reuters) - Leaseplan Corporation, the car leasing affiliate of Volkswagen which is guaranteed by the Dutch state, plans to raise up to 1.5 billion euros ($1.9 billion) via a two-year bond, IFR said on Thursday. Guidance on the bond has ...
Citigroup, Wells Fargo, GE Selling FDIC-Backed Debt (Update2) - BloombergDec. 2 (Bloomberg) -- Citigroup Inc. , the second-biggest U.S. bank by assets, Wells Fargo & Co. and GE Capital Corp. are among banks selling bonds backed by the U.S. government to take advantage of cheap funds to refinance debt. Citigroup sold $5.5 ...
FDIC-backed debt soars as banks cash in - Financial TimesUS banks have rushed to sell bonds backed by the Federal Deposit Insurance Corp, taking this new type of debt issuance to more than $25bn in a week. Goldman Sachs, JPMorgan, Morgan Stanley and Bank of America have all raised billions of dollars by ...
Geithner Seeks to Push FDIC’s Bair Out After Clashes (Update1) - BloombergDec. 4 (Bloomberg) -- Timothy Geithner , President-elect Barack Obama ’s choice for U.S. Treasury Secretary, is seeking to push Federal Deposit Insurance Corp. Chairman Sheila Bair out of office. Geithner, president of the Federal Reserve Bank of ...
BOND REPORT: Treasurys Gain With Yields At Multi-decade Lows - CNN MoneyTreasurys advanced Thursday, pushing benchmark 10-year note yields to multi-decade lows, as a report showed initial claims for unemployment benefits unexpectedly fell in the latest week. Ten-year note yields (UST10Y) fell 5 basis points, or 0.05%, to ...
A Rush Into Refinancing as Mortgage Rates Fall - The LedgerThe housing market may finally be getting some relief, with lower mortgage rates already encouraging refinancing and Treasury officials considering ways to entice new buyers. Click to enlarge Low rates enticed Javier and Irina Lattanzio to refinance ...
Preview from Europe: Falling Mortgage Rates Give Late Boost to Stocks - Seekingalpha.comMortgage rates fell for the first time in aeons yesterday (to 5.5%) giving homebuilding stocks a bid and driving a tentative late rally. There is an expectation that this could soon fall to 4.5%, giving hard pressed homeowners a chance to refinance ...
Mortgage rate drop sparks surge in consumer interest - San Jose Mercury NewsBorrowers descended on the home loan industry Wednesday after the federal government's latest move to shore up the financial system sparked a sharp drop in interest rates. Valley brokers said business picked up immediately as rates dropped from 6 ...
Risking the Country's Credit for Homeowners - Seekingalpha.comI would like your opinion on an alternative to stimulate housing instead of the government meddling with rates to 4.5% and buying up loans from GSEs. It's such a bad idea and they are digging this country into a debt ridden hole. Why not tweak the ...
Register for FREE - Wall Street JournalPlease register to gain free access to WSJ tools. An account already exists for the email address entered. Wells Fargo: Clearly, there are numerous pitfalls that Wells Fargo will need to navigate, but in the short run, at least, it won. Wells Fargo ...
Today's Mortgage Terms starting with W
Walk Through: A final inspection of a home to look for problems that may need to be addressed before closing.
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