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bad credit mortgage financing News
Credit Markets Loosen Slightly - Wall Street Journal
NEW YORK -- The binds around credit loosened further Tuesday, as investors flocked to assets such as high-grade corporate bonds and mortgage securities. Although participants expect economic data to remain grim, some say spreads, or risk premiums ...
Read more...New Orleans renovation project delays threaten lucrative GO Zone ... - New Orleans Times-Picayune
Matt Rose / The Times-Picayune Hopes are strong that $225 million in GO Zone bonds will be used to repair the Hyatt Regency hotel, which has been shuttered since Hurricane Katrina. Similar renovation projects using GO Zone money are delayed or ...
Read more...Construction spending shows gains - Dubuque Telegraph Herald
WASHINGTON (AP) -- Construction spending fell less than expected in November as record activity on nonresidential projects helped offset another steep decline in housing. But the outlook remains bleak as credit is tight for builders trying to stay ...
Read more...Flaherty says government, banks working to ensure people get loans - News1130.com
MONTREAL - The federal government and the country's banks have agreed to form a group to work on ensuring adequate availability of credit and financing in Canada, Finance Minister Jim Flaherty said Tuesday. "We all have responsibilities to ensure ...
Read more...Economist explains why credit still frozen - Record Searchlight
Unless you've lost your job in the past 12 months, the recessionary symptom that affected you most directly was the knotting of America's credit market. Even people with good credit ratings had a more difficult time securing home and auto loans, and ...
Read more...Credit Started This Recession; It Will Also Help End It - Seekingalpha.com
Credit was at the heart of the current recession; it is also key to its recovery. The absence of a smoothly functioning credit system is life-threatening to a capital intensive economy. We saw that trust and confidence, two of the essential ...
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