To Furnish or not to Furnish Your Buy to Let Property
January 11, 2010
Knowing whether or not to invest in furnishing for your buy to let property can be tricky. Find out if you can afford the additional expense, and if it will reap or secure any rental return.
If you are a first time landlord, one of the things you may be asking yourself is whether or not [...]
Federal Home Loan Bank of San Francisco’s Board of Directors Appoints Three New Members to Affordable Housing Advisory …
February 8, 2010
SAN FRANCISCO—-The Board of Directors of the Federal Home Loan Bank of San Francisco has appointed three new members to its Affordable Housing Advisory Council — Jasmine Borrego of TELACU; Joel Jacinto of Search to Involve Pilipino Americans ; and Dean Matsubayashi of Little Tokyo Service Center Community Development Corporation .
Mortgage networks under the spotlight
February 8, 2010
It is difficult to get an up-to-date picture of the state of mortgage distributors’ finances as most have only recently filed their accounts for 2008 but the figures act as a useful pointer to the financial position for some networks and big distributors.
Loan Value Group Launches RH Reward Program for Responsible Homeowners; Major U.S. Investor Is First User of New …
February 8, 2010
RUMSON, NJ– – Loan Value Group LLC today announced the launch of an incentive-based program to address the potential for strategic default in the more than 10 million homes in the U.S. with substantial negative equity — representing nearly $2 trillion of mortgage debt.
2010-02-08 16:40 Russia Sberbank pays $1 bln loan ahead of schedule
February 8, 2010
MOSCOW, Feb 8 – Sberbank, Russia’s biggest lender, has redeemed a $1 billion subordinated loan ahead of schedule, the bank said on Monday. State-controlled Sberbank, home to half of Russians’ deposits, has said said it had no plans to return to the external debt market in the first half of 2010 “The decision was made according to international practice..
MNB to support forint mortgage lending with bond purchases up to HUF 100 billion
February 8, 2010
The National Bank of Hungary on Monday announced a program to support growth on the forint-denominated mortgage loan and mortgage bond market through bond purchases up to HUF 100 billion and regulatory initiatives based on a decision by rate-setters.
AccuFund Enhances Loan Tracker
February 8, 2010
AccuFund has upgraded the Loan Tracker module in the latest version of its accounting software for nonprofit, municipal and government organizations.
Russia Sberbank pays $1 bln loan ahead of schedule
February 8, 2010
MOSCOW, Feb 8 – Sberbank , Russia’s biggest lender, has redeemed a $1 billion subordinated loan ahead of schedule, the bank said on Monday.
‘Irregular’ $2.5m loan sparks Marac investigation
February 8, 2010
Missing paperwork relating to an “irregular” $2.5 million loan is at the centre of an internal investigation at Marac.
Bad loan costs Marac $2.5m
February 8, 2010
Pyne Gould Corp’s Marac finance unit will take a $2.5m hit after it turned up an irregular loan which had been arranged by a single member of staff.
‘Irregular’ $2.5m loan sparks Marac investigation
February 8, 2010
Missing paperwork relating to an “irregular” $2.5 million loan is at the centre of an internal investigation at Marac. Yesterday, Pyne Gould Corporation, parent company of Marac, issued a statement to the New Zealand stock exchange, revealing it had found irregularities.