Today: MONEY News, Loans, Funds News, Jul 03, 2011

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Jul 3, 2011

MONEY News, Loans, Funds News, Jul 03, 2011

CBK warns banks not to use its review to raise loan rates
Business Daily Africa
Mr Burgei said that “the banking circular introduced an operational interest rate for the CBK Discount Window to enhance the penalty for accessing funds through the Discount Window.” He said the move was aimed at minimising arbitrage activities by ...
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Business Daily Africa
In Greek crisis, investors face new risk
Deccan Herald
They faced another cost when, amid the panic, redemptions were frozen and they could not get to their money. There were also bigger systemic costs since US corporations that borrowed from money funds were shut out of the market for a time. ...
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Deccan Herald
Six Ways to Fund a Non-Profit, Without an Investor
Business Insider
Personal loans are certainly an option, but should be avoided if possible. As in any company, they can lead to employee problems, or messy legal issues. A non-profit can also issue bonds to board members and members as a way of borrowing funds from ...
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Choice between paying off mortgage early and saving money
The Star-Ledger - NJ.com
She recommends you make only the required payments on your loans and put the excess cash into a savings account. "Aim to create an emergency fund of three to six months of living expenses, which should be kept in liquid assets like an FDIC-guaranteed ...
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Bond issue to raise Crossrail funds
Financial Times
The mayor's advisers say the bond will prove around 0.17 per cent cheaper than the loan board. If used for future borrowings, the strategy could give the GLA the option to repay its loans earlier, potentially shortening the period that the business ...
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You can find a way to build an emergency fund
Charlotte Observer
That's like a 100 percent return on your money. After that, pay toxic debt, such as high-interest credit cards and payday loans. Once you've eliminated consumer debt - probably excluding a mortgage and low-interest student loan - you have flexibility ...
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Charlotte Observer
Strictly Business: Hector car dealer highlights critique of small business ...
Elmira Star-Gazette
One is the money, or more specifically, the lack of it. It would be nice if the banking regulators would quickly finish their work and let the Small Business Lending Fund money flow. But when the money does start to flow, it doesn't mean small ...
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McIvor's Landsolve turns white knight to Equititrust
Sydney Morning Herald
The information memorandum for the Landsolve fund reports that investors' money will be invested in ''loans to managed investment schemes, including those managed by the trustee, the licensee …'' - a reference to Landsolve Partners and Equititrust ...
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Sydney Morning Herald
Women empowerment fund to ease hurdles
Times of Zambia
Just like in Chipata, women in Lusaka are walking with pride and hope after accessing the women empowerment fund from the Government. “The money has changed our lives as we are able to give loans to one another and help each other,” said Hellen ...
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3 Most Common Reasons for Being Denied a Mortgage
Home Buying Institute
So for the 19.9 percent of home buyers who were denied for a mortgage loan in 2010, this was the number-one reason. They lacked down-payment funds. Lenders today are less willing to “over invest” in properties. They want borrowers to have more skin in ...
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Home Buying Institute
No loans without conditions
Times of Swaziland
It said, please do not just give Swaziland a loan because it will just continue to do what it always has done - spend public funds keeping those who are already rich, happy, those who are loyal, comfortable and those who are in power, unaccountable. ...
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Times of Swaziland
Federal loan programs in limbo
AberdeenNews.com
American News Photo by John Davis BY JEFF NATALIE-LEES jnatalie-lees@aberdeennews.com Aberdeen is in danger of losing two Rural Development home loan programs that have helped fund the purchase of 753 homes locally since 2003, said United States ...
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Legislators skirt big financial decisions
The News Journal
... improvements and bond bill Markell signed includes $3.7 million to relieve 27000 Delaware employers of paying off interest accrued on federal government loans to the state to pay unemployment benefits. The trust fund ran out of money in March 2010. ...
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Young adults becoming more money-savvy
Independent Online
Medium-term savings: you need to earn higher returns on these savings than those offered by bank savings accounts or money market funds. Examples of savings vehicles that may offer higher returns include endowment policies, collective investment ...
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Independent Online
Anger at failure of £2bn fund to help bands
The Guardian
... scheme partly aimed at helping musicians and promoters launch new bands and other music ventures has approved just two music-sector loans in more than two years. One of the successful applicants received money only after making nine attempts. ...
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The Guardian
Dr. Joseph Salerno Explains Everything you Wanted to Know About Money
Right Side News
In fact, some free bankers have admitted that bank deposits are actually "call loans" which are extended to brokers by banks and which mature daily. This being the case, it would be explicitly stated in the contract that the "depositor's" funds were ...
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Hedge fund heroes lose secret weapon
Financial Times
Strategies trading illiquid assets, such as distressed debt, bank loans, and convertible debt, typically carry higher leverage, and ran as high as four times capital at the peak. “Now you are lucky to get two turns of leverage, if you are the right ...
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Financial Times
State plans raid on redevelopment funds
Santa Maria Times
Just over $1 million is used to pay back major loans the agency has taken out in recent years, usually to fund capital improvement projects. The current California budget calls for RDAs to continue to give up a percentage of their tax revenue each year ...
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Liquidity Pressure Stalls Savannah,SGBN Comeback Bids
THISDAY Live
If they open their branches and their customers swoop on them for their deposits, where will these banks get the money?” The source, said there is no way the banks can meet their obligations because depositors' funds which were used as loans have not ...
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Ohioans embrace new reality
Cincinnati.com
In Butler County's Liberty Township, state Local Government Fund money accounted for 29 percent of the township's $2.1 million general fund budget last year. "None of this comes as a surprise," said Liberty Township trustee Dave Kern, who also chairs ...
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Ireland's second richest man targets Anglo's €10bn loans
Irish Independent
Grayken and Lone Star are making a massive bet on the recovery of global property markets through the pursuit of distressed property loans and assets. Last month, the group, wheadquartered in Dallas, raised €3.8bn for a real-estate investment fund. ...
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How can you engineer a carefree retirement?
SignOnSanDiego.com
“I know about finance and feel like I've always been good with my money, but I was really at a loss as to what I should be doing to ensure I have a retirement fund that I'm comfortable with. I was worried I was going to have to make a serious lifestyle ...
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Reverse mortgage defaults threaten seniors
Pittsburgh Post Gazette
Available to people age 62 and older, none of the money -- which might be used for medical bills, home repairs or day-to-day living expenses -- has to be repaid as long as the borrower remains in the home. Still, the loan can end up in default if the ...
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Pittsburgh Post Gazette
A bullock cart for Ramrao
Daily News & Analysis
Tadpalliwar has spent the better part of the week going to the tehsil office and pleading with contacts so that he can get a loan from a money lender before it is too late. Ask him why he can't go to a bank, and he laughs. “That is all for big people ...
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Greece Receives Bailout Funds, Crisis Averted
New York Magazine
European finance ministers signed off today on $17 billion in loan money for Greece, enough to keep the country from defaulting on its loans and its government whirring away for another few weeks. The money is part of a more than $150 million aid ...
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Collateral demand rises for interbank lending
Financial Times
Lending using collateral, which is also backed by a clearing house, ensures that a bank will get at least some of its money back in the event of a failure of the bank it has offered loans to. In Europe, this form of short-term repurchase, or repo, ...
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Palestinian civil servants put on half pay: Fayyad
AFP
Salam Fayyad warned at a press conference in the West Bank town of Ramallah that the Palestinian Authority (PA) was dealing with a "financial crisis" because promised donor funds were behind schedule. "The government has decided to pay employees half ...
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AFP
REC mulls investment in equities for higher returns
Economic Times
"Through ECB, we are just waiting for the RBI approval and already we have given the mandate for USD 300 million (to be raised) to Bank of Tokyo and Mitsubishi for arranging money through syndication of loans...," he noted.
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Writers on the Range: Local food, local business, local loans
Denver Post
Parr hired a law firm to draft the loan paperwork. State securities rules meant that she couldn't advertise for investors, so last fall she sent e-mails to 1400 customers, friends and family members, and held a couple of fund-raising parties. ...
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HUD Foreclosure Help Almost Nobody Knows About
Firedoglake
Since June 20 th , the Department of Housing and Urban Development (HUD) has opened to homeowners in 27 states up to July 22, 2011 to file preliminary applications for the Emergency Homeowner's Loan Program (EHLP): money ($1 billion) provided in the ...
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Opinion: For-profit colleges drain public resources, run students into debt
NJ.com
We are using public money to prop up private schools and colleges, while students acquire crushing debt and questionable credentials. More than half of them default on their student loans. All the while, lobbyists run interference for the institutions, ...
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NJ.com
Bank credit to private sector reaches SR767.9bn in Kingdom
Arab News
The government, as per King Abdullah's decrees in March, has recently taken steps to invite those Saudis who qualify to register for a SR500,000 loan from the Saudi Real Estate Development Fund (REDF) without the requirement of owning a piece of land. ...
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Bad Credit Personal Loans: Funds for Impaired Creditors | Money ...
Bad Credit Personal Loans: Funds for Impaired Creditors Article by Anton Gabriel There are. ... money buzz. Your FREE Personal Financial Advisory Service! ...
www.moneybuzz.org/bad-credit-personal-loans-funds-for-imp...
Can small businesses bank on loan fund? - Josh Boak - POLITICO.com
In theory, money from the fund would free up capital so that banks could then grant more loans to companies looking to buy new equipment and hire more ...
www.politico.com/news/stories/0611/57453.html
Wary U.S. money funds seen cutting European ... - Financial News Blog
NEW YORK (Reuters) - Some U.S. money market mutual funds are being forced to cut ... Roever said the length of loans to European banks was dropping from a ...
www.nathanhamm.net/.../wary-u-s-money-funds-seen-cutting-...
Money | RPT-US Money Funds Seen Cutting European Exposure | RSS News
News and RSS everyday ... JPM sees drop in exposure of money funds to Europe in Q2. * Duration of money funds loans to European banks shrinks ...
rssnews.tv/.../money-rpt-us-money-funds-seen-cutting-europe...
Wary U.S. money funds seen cutting European exposures | Reuters
Related News. EU leaders to renew battle over Greek crisis at summit. Wed, Jun 22 2011 ... Duration of money funds loans to European banks shrinks ...
www.reuters.com/.../markets-money-idUSN1E75L1U8201106...
City loan program assists downtown business - The Northwoods River ...
River News Reporter The Downtown Works revolving loan fund continues to ... money in the last two years to establish a revolving loan fund to assist ...
www.rhinelanderdailynews.com/main.asp?SectionID=6...
PayPal to Discontinue Money Market Fund | Peer to Peer Lending News
PayPal announced earlier in the week that it would be closing its money market fund as of July 29th, 2011. The PayPal Money Market Fund currently allows.
www.p2plendingnews.com/.../paypal-to-discontinue-money-m...
06/27/2011: EPA Awards Funds to Cleanup and Revitalize Springfield ...
News Releases By Date ... The $12.55 million in grant and Revolving Loan Fund money awarded by EPA to a variety of New England communities and organization ...
yosemite1.epa.gov/.../4c51386b68032084852578bc006a0e82...
Despite slowing inflows, retail loan funds remain attractive ...
United States All US News ... In May, the collective assets under management of loan mutual funds grew by another $3.5 billion, ... Loan managers say that investors remain comfortable leaving money at work in the loan asset class for ...
www.lcdcomps.com/lcd/f/article.html?rid=800&aid...
Geithner defends small business loan fund - TODAY News - TODAY.com
"We are being careful with the taxpayers' money." More must-read stories ... The more they increase their lending with the funds, the lower the rate they ...
today.msnbc.msn.com/.../geithner-defends-small-business-loan...
Sunday Papers: Lloyds to repay government loans early - money and ...
Funds: Limit your risk by spreading your money across a range of ... Sunday Papers: Lloyds to repay government loans early - money and other news ...
citywire.co.uk/money/sunday-papers-lloyds.../a503514
Gus's Site - News > Hard Money Loans
Banking institutions and personal buyers (i.at the. hard fund service provider lenders) hand out money loans attached simply by current property : rentals, ...
gusgray717.terapad.com/index.cfm?fa=contentNews...
Free Times: Government - Feds Freeze City Funds
City Manager Steve Gantt found out about the loan fund suspension just a few weeks ago ... The fund has been in the news recently for other reasons. ... However, the money for the Tapp's loan came from a separate pot of money funded by ...
www.free-times.com/index.php?cat=1992912064017974...
Geithner defends small business loan fund - Yahoo! News
"We are being careful with the taxpayers' money." ... The more they increase their lending with the funds, the lower the rate they will pay. ...
old.news.yahoo.com/s/nm/.../us_treasury_geithner_smallbiz
Students loans vs. mutual fund | Getting Personal | Marketplace ...
NEWS & ENTERTAINMENT PROGRAMS; American RadioWorks Award winning documentaries ... Students loans vs. mutual fund. Question: My question is about how best to pay ... In other words, taking a chunk of money from savings to make progress ...
www.publicradio.org/.../question_my_question_is_about.html
PayPal ending money market fund | Hard Money Loans
PayPal ending money market fund. Jun.28, 2011 in Business Lending. Linda Young – AHN News Writer. New York, NY, United States (AHN) – Online money movement ...
jumplanet.com/paypal-ending-money-market-fund/
Fast Cash Loans Fund Quickly for Money Today
Fast cash loans are the quick budgeting solution for people that have financial challenges and are in need of help fast. This type of loan can provide ...
paydayloansonlinehub.com/.../fast-cash-loans-fund-quickly-fo...
Short term installment loans: perfect funds to ... - Money Manager
To begin with, it will be amazing news to you, when you do come to know that these loans are unsecured in nature. This means, you can avail the funds, ...
www.moneymananger.com/short-term-installment-loans-perfe...

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