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AP IMPACT: Weak rules cripple appraiser oversight (AP)

Appraiser Bob Ipock is shown in Charlotte, N.C., Wednesday, May 28, 2008. (AP Photo/Chuck Burton)AP - As soaring home prices set the stage for America's great housing meltdown, a critical step in making sure those home sales were a fair deal — the real estate appraisal — was undermined from within.



 
US Treasury plays down increased Fannie, Freddie speculation (AFP)

A AFP - The US Treasury swiftly played down a media report Monday that suggested the government could be poised to extend significant financial aid to the struggling mortgage-finance giants Fannie Mae and Freddie Mac.



 
Bailout concerns slam Freddie, Fannie shares (Reuters)

The corporate logo for Freddie Mac is seen at its headquarters building in McLean, Virginia in this July 23, 2008 file photo. (Larry Downing/Reuters)Reuters - Investors dumped shares of Fannie Mae and Freddie Mac on Monday after a newspaper report said government officials may have no choice but to effectively nationalize the U.S. housing finance titans.



 
'Liar loans' threaten to prolong mortgage crisis (AP)

Salvatore Fucile, 82 and his wife, Clara, pose for a photograph in the kitchen of their Springfield, Pa., home, Friday, Aug. 15, 2008. The couple wound up in an Option ARM from IndyMac after consolidating two mortgages on their suburban Philadelphia home. (AP Photo/Tom Mihalek)AP - In the mortgage industry, they are called "liar loans" — mortgages approved without requiring proof of the borrower's income or assets. The worst of them earn the nickname "ninja loans," short for "no income, no job, and (no) assets."



 
Getting Smarter on School Loans (BusinessWeek Online)
BusinessWeek Online - For years, college students and their parents have relied heavily on credit cards, home equity, and private loans to pay for school, according to a recent survey provided exclusively to BusinessWeek. But those sources of cash are drying up. On Aug. 6, Wachovia joined the more than 150 financial firms that have fled the private student-loan business. And Morgan Stanley froze home-equity lines for some clients.
 

Credit Free Rating Report Results

Credit Card Cash Advances - The Pros and Cons
Credit card cash advances are an appealing way to get out of a tight spot quickly. Unfortunately, they can become an extremely bad habit. While cash advances are convenient when someone is handing you money, they can become very inconvenient when more and more of your weekly paycheck goes to pay off a debt months after the original cash emergency has passed.
 
Best Way to Keep Your Credit Card Interest Rate Set to 0%
This article explains how to keep your credit card interest rate at 0% throughout the presence of your card deal. If you would like to know how to do this and save yourself from slipping in to major debts, please read further.
 
Tips For Credit Card Security Management
As the era of electronic communications became the integral part of everyone's life we more often tend to use its advantages and unfortunately underestimate threats. Internet enabled almost unlimited knowledge exchange which is totally uncensored. Fraud schemes are the essential part of this knowledge shared also.
 
How to Find the Best and Cheap Credit Cards
This article explains how to obtain the best and cheap credit cards. Information on what to avoid from slipping into debt and examples of how to obtain the finest quotes will all be explained below.
 

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Credit Rating Information Services of India Limited
CRISIL is the premier credit ratings organization that presents credit ratings, capital market information, industry analysis, and detailed reports of infrastructure, finance and banking companies.















Articles
Money/Finance News
11 mileage-obsessed questions
It's never been easy to buy a car, but with soaring gas prices, you may have a lot more to ask about what's best for you. Here are the answers.


 
Urban Commercial Mortgage provides $4.26MM Loan for a Multi-Family complex in Houston, Texas
(PRLEAP.COM) Houston, Texas - Urban Commercial Mortgage announced that it originated a $4.26 million loan for HGC Properties to refinance a 140 unit apartment complex. The recently repositioned property is located close to the Houston central business district.
 
What every investor should know
I'm retiring and will soon be headed to Oxford University to begin my second act. So this will be my last column for Money. At a time like this, it's only natural to look back at one's career. So I've been reviewing my articles of the past 23 years to see where I've been right and where I've been wrong - and why.


 
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