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15 min ago | Reuters
Getting a mortgage in the United States may be easier than many borrowers think, according to a survey released Monday by Wells Fargo & Co ( Nearly two-thirds of respondents thought that a very good credit score was necessary to buy a home, and more than 40 percent thought they needed a down payment equal to at least 20 percent of the purchase price to buy a home. Under government-backed programs, first-time home buyers with subprime credit scores can get a mortgage insured by the Federal Housing Administration, and they can put down as little as 3.5 percent of the purchase price.
1 hr ago | Wall Street Journal
SANTANDER, Spain-In Ana Patricia BotA n first official appearance as chairwoman of Banco Santander SA she vowed to build on the work of her father, the bank's former chairman who died last week. Ms. BotA n said that her father, Emilio BotA n, worked for almost 30 years as Santander's chairman to transform it into the "No.
Shares slump early as poor Chinese data shakes investor confidence and threatens to push the local dollar below 90 US cents ahead of the US Fed meeting this week. The J ames Hardie Industries asbestos compensation fund is headed for a funding shortfall and is seeking approval from the NSW Supreme Court to pay some victims in instalments rather than lump sums.
Fatfish, an Australian-listed company that invests in internet ventures, has brought a stake in Malaysian-based mobile games provider, AppXplore Sdn Bhd.
Twenty other troopers with ties to Northeast Pennsylvania have died in the line of duty since 1909, according to the Pennsylvania State Trooper Association's In Memoriam page. We welcome user discussion on our site, under the following guidelines: To comment you must first create a profile and sign-in with a verified DISQUS account or social network ID.
The Toronto stock market closed little changed Friday with traders in a risk-averse mood going into the weekend ahead of next week's U.S. Federal Reserve meeting on interest rates and a referendum that will decide whether Scotland leaves the United Kingdom. Hudson's Bay Co.
The U.S. Federal Reserve may give clearer hints on when it will hike the cost of borrowing in the United States in the coming week, as struggling Europe braces for a tight vote in Scotland on whether to leave the United Kingdom. As the U.S. economy picks up pace, its central bank is inching closer to raising interest rates, a move that will send ripples across the globe.
London-based lender HSBC Holdings became the latest financial firm to settle claims by the US government over the sale of mortgage-backed securities that led to the 2008 financial crisis. The Federal Housing Finance Agency said the US unit of HSBC would pay 550 million dollars to resolve claims that it had violated securities laws when it sold the securities.
With the fall semester of colleges across the country officially in swing, much has been made about ballooning student debt, rising costs, and the questionable job prospects for recent graduates. The remarkable benefits In a series exploring the debate surrounding a college education, the Federal Reserve Bank of New York provided a fascinating post that examines the true value of a higher-education degree.
Large corporations such as Bank of America Corp. and Wells Fargo & Co. are working to reduce the size of their real estate portfolios and do a better job of making use of the space they have, according to a panel of real estate executives who spoke at a CoreNet Global event yesterday at Carmel Country Club.
Hackers accessed dozens of servers at JPMorgan Chase & Co in a cyberattack launched in June, though no money was taken, the New York Times reported on Friday, citing people familiar with the investigation into the case. "We are confident we have closed any known access points and prevented any future access in the same way," the paper quoted JPMorgan spokeswoman Kristin Lemkau as saying.
Apple is no stranger to secrecy. The company works hard to keep its software and hardware plans under heavy wraps until they're announced to the world.
Mark Vitner of Wells Fargo Securities gave his best prediction on when the current business cycle will end: some time between Nov. 2016 and May 2019. The economic recovery hasn't been too wonderfully exciting but even it has had some bright spots to it, says Wells Fargo Securities economist Mark Vitner .
B2Gold Corp. . Miner. Down two cents, or 0.85 per cent, to $2.34 on 7.6 million shares.
Citigroup Inc., Societe Generale SA and Commerzbank AG say prices will start swinging again after European lawmakers resumed talks this week on setting up a reserve to reduce a permit glut that drove the market to a record low. Sixty-day volatility for carbon futures surged by a quarter in April 2013 after politicians threatened to block a rescue plan designed to support prices.
The Toronto stock market looked to open slightly higher as traders digest the latest data on U.S. retail sales and consumer sentiment. Overseas developments also caught traders' focus as the European Union levied another round of sanctions on Russia for its involvement in Ukraine fighting.
Updated: Mon Sep 15, 2014 03:56 am
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