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India's Inflation Rate Falls to 7-Month Low; Reserve Bank May Lower ... - BloombergDec. 4 (Bloomberg) -- India's benchmark stock index rose the most in three weeks, led by banks, after inflation unexpectedly fell to a seven-month low, giving the central bank room to reduce borrowing costs to spur growth. ICICI Bank Ltd ., India's ...
UPDATE 2-Citi's General Growth stake tied to Pershing Square - ForbesNEW YORK, Dec 4 (Reuters) - Citigroup Inc has taken a 5.3 percent stake in General Growth Properties Inc , with most of the position intended to hedge a derivatives trade the bank entered with hedge fund Pershing Square. Citigroup (nyse: C - news ...
Babcock & Brown shares double after new bank deal - ForbesSYDNEY, Dec 4 (Reuters) - Shares in Australian investment firm Babcock & Brown Ltddoubled in value on Thursday, after creditor banks threw the firm a lifeline, agreeing to refinance its debts. Babcock shares were up 106 percent at A$0.51 at 2304 GMT ...
Concern grows over Cattles' future funding - yorkshirepostFEARS are mounting over credit firm Cattles' ability to fund its lending in a recession. Analysts are concerned Cattles, which lends money to people who have been turned down by the traditional high street banks, may struggle to refinance its debt in ...
NBFC prefer sitting on funds to lending - Times of IndiaMUMBAI: About a month ago, the lending-borrowing business in the economy had come to a near standstill with intermediaries in the financial market not ready to trust each other over transactions. Through a series of concerted moves, the finance ...
Tata Motors Offers Depositors 11% to Help Fund Jaguar Purchase - BloombergDec. 1 (Bloomberg) -- Tata Motors Ltd. , the maker of Jaguar and Land Rover vehicles, will borrow from the public for the first time in 13 years as the credit crunch limits its ability to refinance loans used to acquire the luxury brands in June ...
American Apparel Reports November 2008 Comparable Store Sales - EarthtimesLOS ANGELES - (Business Wire) American Apparel, Inc. (NYSE Alternext US: APP) today announced the company’s comparable store sales for the month of November 2008. American Apparel reported that for the month of November 2008, sales for stores open ...
Tata Motors to borrow at 11% to fund JLR buy - Times of IndiaTata Motors Ltd, the maker of Jaguar and Land Rover vehicles, will borrow from the public for the first time in 13 years as the credit crunch limits its ability to refinance loans used to acquire the luxury brands in June. Tata Motors will pay as ...
Indian exports fall as demand dampens - Gulf NewsNew Delhi: India's exports declined for the first time in seven years as recession in its biggest markets in the US and Europe damped demand for the nation's products. Overseas shipments in October dropped 12.1 per cent to $12.8 billion (Dh47 billion ...
GE rushes to cap its losses in Australia - The AustralianGIANT US conglomerate GE's Australian retail finance operations are showing that even the best-run companies in the world can hit potholes where their operations involve non-bank housing loans, high interest rate credit cards and defaulting unsecured ...
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.
View all Terms