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U.S. Telecom and Cable Credit Profiles to Weaken in 2009

Debt ratings agency, Fitch has updated a ratings report issued last month and now says that it expects that revenue growth will be negatively impacted by growing local exchange carrier access line [more...]

Date: 2009-01-11 21:21:17

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Internet Identity Theft: How to Stay Safe

Identity theft is an issue that we all need to take seriously ... out. Another way to prevent identity theft is by monitoring your credit report. Keep an eye ... will have no problem accessing your personal information. He can use it to ruin your credit rating, which [more...]

Date: 2009-01-04 16:50:25


CD Calculator

CD Calculator AIG Bank High Yield Money Market Account eBank 1 Year Certificate of Deposit Rate Bank of Internet 3 ... a Car Purchase Online Banking Getting a Copy of Your Credit Report Imperial Capital Bank CD Rates [more...]

Date: 2009-01-04 20:48:14


It is soooo coold.. brr. Post Roundup

YEAH! Its melting Creative Commons License photo credit: *Micky The past few days have been extremely cold here in Minnesota, ... With Good Ones Time To Chck Your Annual Credit Report! Problems with Gift Receipts? Debt? What Debt? Mortgage Refinance Rates Continue to Fall The New Frugal Forum @ frugalhacks.com Free Advice [more...]

Date: 2009-01-14 16:21:15


New Year’s Financial Resolutions

Guest Post by Dara DuguayEach year, the most popular New Year’s Resolutions usually alternate between losing weight and getting one’s finances under ... report and affect your credit history.4. Contribute the maximum to a retirement savings plan ... , come with fees and interest rate charges that are usually higher than your credit card purchases [more...]

Date: 2009-01-09 05:34:00


Rating cannot be construed as a substitute for an exhaustive audit or a fraud detection

Sep 26, 2009Accounting, Audit The credit crisis has exposed weaknesses in many financial intermediaries. How can rating agencies ensure their views are more accurate and unbiased?  Despite due diligence, there is always scope for improvement. Credit rating agencies (CRA) do not carry out a separate audit but takes cognisance of the information available from annual reports, submissions from management, secondary sources and opinions from lenders/ investors. [more...]

Date: 2009-09-26 05:31:47


US$ Gains Despite Terrible Retail Sales Report

The US$ is relatively unchanged this morning against most major currencies ahead of this mornings Retail Sales data ... as European nations face credit warnings from international ratings agencies.   The EUR is weaker this morning as more Euro Zone nations were warned that their credit rating may be reduced in 2009 [more...]

Date: 2009-01-14 14:08:02


Four Quick Ways to Build A Strong Credit Rating

#fullpost{display:inline;} ... report from Experian, Equifax and Transunion via annualcreditreport.com. After we use up our annual ... Nov 18, 2008: Much has been written about credit rating and how we can go about improving [more...]

Date: 2008-11-18 05:21:00


Hudson City Savings Bank CD Rates

Hudson City Savings Bank CD Rates Mandatory 401K Withdrawals Suspended? ... Account Financing a Car Purchase Online Banking Getting a Copy of Your Credit Report Imperial ... of America 3 Month CD Rate Get $50 from TradeKing FDIC List of Troubled Banks and the Texas Ratio [more...]

Date: 2008-12-14 14:16:18


Sterling Exchange Rate Forecast

This report will focus on the outlook for Sterling, and how further interest rate cuts by the Bank of England this week may affect the pound ... rate, with the country's largest mortgage lender, Halifax, reporting a 16.2 percent annual decline ... since the recession of the early 1990s. The credit crunch has led to thousands of job cuts in many [more...]

Date: 2009-01-05 08:54:00


Mortgage Rates: Crude and Unemployed

Today’s Job’s Reports revealed the highest unemployment in twenty years ... below is based on owner occupied with a minimum credit score of 720, “full doc” purchase with a sales ... .   Bad news with the Jobs Report is what’s keeping mortgage rates from teetering significantly [more...]

Date: 2008-06-06 19:11:41


M&A Activity in the Property-Casualty /Reinsurance Sector Discussed in Wall Street Transcript Insurance Report

posted by Steven Wevodau 67 WALL STREET, New York–January 14, 2009 - The Wall Street Transcript has just published its Insurance issue, ... to TARP funds, Treasury loan to AIG, Credit ratings, Trader’s market and pair trades, Investor ... a report offering a timely review of the sector to serious investors and industry executives [more...]

Date: 2009-01-15 00:02:41


Fed “Shock & Awe,” What 0% Means, 2008 Pay Raises, Controversial Auto Survey and More!

Fed saves us from ourselves… details of the historic FOMC decision… Dan Amoss and James Turk on the implications of 0% interest rates… Dollar gets ... to further support credit markets and economic activity.” “This announcement,” Dan Amoss wrote ... metals.” In anticipation of this “shock and awe” rate decision, Dan helped his Strategic Short Report [more...]

Date: 2008-12-18 19:08:51


Credit Bankruptcy - Essential Information

Someone once said that bankruptcy is essential in order for capitalism to survive ... s credit rating is affected by bankruptcy, with Chapter 7 (basic liquidation) being kept on report ... if they know that this action will remain on their credit record for a long period of time. Even from the beginning, debtors [more...]

Date: 2009-01-16 00:24:18


NY TIMES: Buffett to Offer Details on Derivatives

Warren E. Buffett has long been an proponent of transparency and a critic of murky financial instruments ... by 2019. On Monday, Mr. Buffett said he would disclose in the next annual report more information ... of companies and stocks with the highest possible credit rating, have tumbled 36 percent since Oct [more...]

Date: 2008-11-25 04:21:48


Mortgage Rates January 15, 2009

The Producer Price Index (PPI) came out and reflected virtually no inflation on the wholesale side of things ... payment, 740 credit scores, and verifiable income and assets. Rates vary based on borrower profile ... of this report will likely have a significant affect on the markets. I would say that today is a good [more...]

Date: 2009-01-15 20:03:13


S&P: Credit losses will rise into 2010

Credit ratings agency Standard & Poor’s expects nonperforming loans to continue to rise through 2009 and into 2010, ... for Biz2Credit. Biz2Credit is a small business marketplace that provides entrepreneurs ... to increase amid the widening economic downturn, Standard & Poor’s said in a new report released [more...]

Date: 2009-01-11 02:34:39


Banks? Credit Quality Expected to Worsen

Kerry E. Grace reports: Although government support has buoyed U.S ... s bankruptcy caused the credit markets to seize up in September. The ratings agency also expects ... . banks, the industry will likely experience overall credit quality deterioration at least through [more...]

Date: 2009-01-06 09:09:00


The Affects of the Fed's Rate Cut on Consumers - December 17, 2008

So what does yesterday’s Fed rate cut mean for the average consumer? In a statement made Tuesday afternoon, Fed Chairman Ben Bernanke confirmed the report ... . It would be here that home-equity line of credit and certain credit cards with variable interest rates [more...]

Date: 2008-12-17 20:49:00


N.J. man learns modifying mortgage to cut payments may impair credit rating

by Moe Bedard on September 29, 2009 · 0 commentsin American Nightmare To confuse consumers even more, not all lenders follow the guidelines.That may change on November 1, when lenders can use a new code to report them as a “loan modification under government program.” The code will clarify which borrowers have taken modifications, but because the modification process itself is not streamlined, it won’t be the only worm squiggling out of the can.The bigger impact on credit scores may depend on how [more...]

Date: 2009-09-29 13:48:05


Timeline for Negative Credit History

Commercials that advertise ways to obtain a free credit report often emphasize the importance of doing so because of the serious problems you can run into because of having a negative credit history. A person with a negative credit history will have an impaired ability to borrow money, get a good interest rate, and sometimes even get a good job. [more...]

Date: 2009-01-01 08:19:32


Working on Building Credit in Your Name

Being married carries many responsibilities as a couple. One of these responsibilities is applying for loans and credit as a couple ... is to get your free annual credit report. Work with your lawyer to have all joint accounts closed. Transfer ... with high annual fees and interest rates. Find out more from Credit-land.Com. Take your time. Avoid [more...]

Date: 2008-11-28 09:34:19


Friday morning links

#fullpost{display:inline;}TOP STORIESManufacturing Cools Around the World - NY TimesRussia, ... befuddled the experts - Sacramento BeeFED/TREASURY/BANKINGPaulson blames global imbalances for credit crisis: report - APCredit crunch to intensify, Bank of England warns - TelegraphCredit rating [more...]

Date: 2009-01-02 13:40:00


US Pending Home Sales Continue Decline

In another sign of home owner fear, it was reported today by the National Association of Realtors that fewer Americans signed up to purchase homes ... , it seems that institutional banks are also playing their part in this grave statistic. As the credit crisis continues to loom over markets, bankers will forever keep lending rates high and credit [more...]

Date: 2008-12-09 18:53:56


Dan Gainor on Fox News, Discusses Decline of Media

Vice President for the Business & Media Institute, Dan Gainor, spoke with Gretchen Carlson, host of "America's News HQ," ... , as reported in the paper Dec. 7. The Times said its credit rating from Standard & Poor's recently ... bankruptcy and cut jobs in many print news bureaus. [more...]

Date: 2008-12-10 15:32:25


Obama Stimulus Consigns US to ‘Banana Republic’ Territory

The Washington Times reports: The United States will “look like a banana republic” unless it gains control over its budget deficit and federal debt, ... one measure of America’s creditworthiness — credit default swap spreads — already shows some deterioration. The worse a nation’s credit rating becomes, the more its CDS spread rises. U.S. sovereign [more...]

Date: 2009-01-16 16:52:42


Mortgage Rates January 9, 2009

Mortgage rates are off to an outstanding start for 2009 ... of your credit report.  You are allowed 1 free copy every 12 months, and the inquiry will not be reflected ... credit dispute letter” and find hundreds of free or sample dispute letters to send out. The next [more...]

Date: 2009-01-09 15:17:37


Things to Consider Before Availing Car Loans

Everyone has a dream to own a car. Cars have become a basic need in our life ... interest rates, a secured loan is a good option • Get hold of your credit report to avoid the chance ... to keep your property at risk, then go for unsecured loans. Many people having poor credit history [more...]

Date: 2009-01-16 11:53:13


Did Obama Get a “Sweetheart” Mortgage Deal?

Did Obama Get a “Sweetheart” Mortgage Deal? July 10th, 2008 by JAZZ SHAW As reported by The Hill, ... Obama’s home mortgage. Judicial Watch, a conservative legal watchdog group, filed the report after ... such as competitors’ rates, how much of a down payment you make, your credit history, income, and a variety [more...]

Date: 2008-07-10 10:54:54


Friday’s Rates

Mortgage rates continue to be very volatile.  They are improved from last week’s rate report yet higher than the low point (mid 5’s for 30 year) ... properties).  The conforming rate quote below is based on owner occupied with a mid-low credit score ... .  Pricing based on credit score of 620 or better [more...]

Date: 2008-09-12 21:26:07


Oracle Shares Under Pressure Ahead Of Earnings Thursday

Oracle (ORCL) shares are off to a rocky start this morning as several analysts weigh in on conditions at the software giant ahead of its earnings report for fiscal Q2 ended November, which is due after the close on Thursday. Credit Suisse ... rating. “One of our primary theses on software has been that enterprise applications are more directly [more...]

Date: 2008-12-15 16:16:38


Oracle Shares Under Pressure Ahead Of Earnings Thursday

Oracle (ORCL) shares are off to a rocky start this morning as several analysts weigh in on conditions at the software giant ahead of its earnings report for fiscal Q2 ended November, which is due after the close on Thursday. Credit Suisse ... rating. “One of our primary theses on software has been that enterprise applications are more directly [more...]

Date: 2008-12-15 17:36:12


A Trillion Dollars Ain't What it Used to Be

There is a report floating around arguing that with the collapse of the consumer credit market, ... markets without causing rates to get squirrely. That strikes me as an awfully simplistic view of things. First, there is a reason why consumer credit has gone south, and that plays back into debt [more...]

Date: 2008-12-23 20:17:00


Outlook Worsening for US Transportation Companies

A rapidly deteriorating U.S. economy, slowing growth worldwide, ... , the report notes. Around half of the rating outlooks for North American trucking, car rental ... and credit market dislocations are stepping up the pressure on North American transportation [more...]

Date: 2009-01-14 19:05:32


Consumer Headaches: 15 ways to get help

My two-month-long fight with Qwest, which barring a stroke of luck will no doubt go on a lot longer, ... serious problems that might damage your credit rating or cost you big bucks requires you to roll ... and all sorts of enlightening reports will come up. This is where I learned that Qwest had pulled the “let [more...]

Date: 2008-10-26 02:56:28


Right Question, Wrong Direction

Permalink | Email Author The title and subhead of an ABC News report from a bit earlier: Are They to Blame for the Meltdown? Congress to Grill Credit Rating Executives on Capitol Hill Today I wonder, when is somebody going to grill members of Congress over their responsibility for the mortgage meltdown? Our elected [more...]

Date: 2008-10-22 20:00:15


Port Moresby not a murder capital

Police Commissioner Gari Bari on Friday, January 9, 2009, ... over an international report by Foreign Policy magazine listing Port Moresby as the fifth murder ... credit ratings and will have serious negative implications on our development aspirations.We [more...]

Date: 2009-01-11 23:54:00


Mortgage Rates following a Dismal Jobs Report

This mornings Jobs Report was ugly. 240,000 non-farm jobs lost in October (higher than the expected 200,000) and unemployment at 6.5% ... with a sales price of $500,000 and a loan amount of $400,000. Rates are priced based on a low-mid credit score [more...]

Date: 2008-11-07 16:48:53


Latest News in Refinancing Home Mortgages - Dec 04, 2008

Mortgage applications up 112.1% last week, due to drop in rates: ... economy and troubled credit markets. Mortgage applications were up 112 percent during the week ... one proposal, Treasury would seek to lower the rate on a 30-year … Mortgage Lenders Report Rise In Number [more...]

Date: 2008-12-04 14:07:14


Friday morning links

TOP STORIES U.S. Payrolls Fell 84,000; Jobless Rate Jumps to 6 ... differ on inflation outlook - MarketWatch Credit Crunch: The Sequel - US News and World Report Fed's ... bank may need government bailout - MarketWatch The Abuse of Credit, And Why You Care - The Market [more...]

Date: 2008-09-05 13:23:00


Nuclear Reaction - A Greenpeace blog about nuclear power: Nuclear News for December 8th 2008

Some other stories from the nuclear industry you may have missed: Bloomberg: ... , church members have reported that Taitung county police department and Taitung investigation bureau ... its top grade credit rating as it invests billlions in acquisitions and plant renewal.’ Contract [more...]

Date: 2008-12-08 12:46:16


Just Tricks…No Treats for Friday’s Rates

Mortgage rates continue to trend upwards like mummies crawling out of their graves.  (Sorry…bad reach. Booooo).  October has been terrible for rates! ... and FHA jumbo loans.    We’ll end next week with the goulish Jobs Report.  Most traders should ... credit score of 720-739, “full doc” purchase with a sales price of $500,000 and a loan amount [more...]

Date: 2008-10-31 19:48:17


Small Bizs Feeling the Chill

The New York Times: Some small companies say they are no longer able to get loans from newly cautious banks as credit tightens across the country, ... credit — at 30 percent a year. Mr. Snyder does not want to borrow much at that rate. “ ... , the Census Bureau reports, and they outpace large companies in generating new jobs. Photo by Kevin Moloney. [more...]

Date: 2008-10-07 15:08:55


Today’s best mortgages: How to Qualify

by Mortgage Wizard Equity The amount of equity you currently have your is a large factor when determining if you qualify for the best mortgage rates ... . (excluding utilities and other miscellaneous debts that do not get reported to the credit agencies [more...]

Date: 2009-01-04 20:51:44


Fed Day: Expect A Cut, But I Say Save The Bullets!

A: No shock here folks, the markets are expecting between 50 & 75 bps of easing to the funds rate and likely discount rate as well ... leaving inflation risks aside. ben-bernanke-money-thumb.jpg The report and decision ... quarters. We have a 16 month credit crisis going on, and one could argue that the duration of very [more...]

Date: 2008-12-16 18:31:42


Why Can’t I Get That Low Mortgage Rate Advertised?

There is a perfect storm in the mortgage market right now.  Those who do not need credit can obtain it while those that do need credit cannot obtain ... was submitted and the appraisal and credit report came back within two weeks and the loan went [more...]

Date: 2009-01-05 00:51:01


UAE banks assigned negative outlook

Financial Times: Moody’s Investors Service, the credit rating agency, has placed the United Arab Emirates banking sector on a negative outlook, ... . ... Tightening credit conditions, liquidity constraints, a collapse of regional equity markets and tumbling oil prices will also contribute to increased strains at UAE banks, Moody’s added in its report [more...]

Date: 2009-01-15 16:23:15


Decoupling to world: "I'm still not dead yet!"

The last time that some version of the title you see above appeared in these pages was way back in November, ... at such things as internal credit markets, saving rates, and a host of other factors while at the same ... . Such is the case in this report in The Economist: Over the five years to 2007, emerging economies [more...]

Date: 2009-01-12 00:17:06


Links for 2008-10-23 [del.icio.us]

Subscribe to my News Feed .delicious-posts ul {list-style-type:none; margin: 0 0 1em 0; padding: 0 } .delicious-tag,.delicious-extended { ... of economic inequality that rival cities in Africa, according to a U.N. report published ... roughly two months ago.Bernanke May Seek New Ways to Ease Credit as Fed Rate Nears 1% - Bloomberg [more...]

Date: 2008-10-24 10:46:08


Thursday Links

Too Big To Fail - “Shares of Bank of America, the largest U.S. bank, were a top drag on the Dow, with a drop of more than 18 percent to $8.35 ... to a report by the U.S. Joint Forces Command on worldwide security threats.” Junk - “Another of the nation’s leading credit rating agencies has downgraded [more...]

Date: 2009-01-15 15:54:50



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