August 2008
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KUALA LUMPUR, Aug 29 (Bernama) -- To encourage home ownership among civil servants, Prime Minister Datuk Seri Abdullah Ahmad Badawi said today that the government will improve the terms for staff housing loans as follows:
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WASHINGTON -- Detroit's automakers pushed back Thursday against criticism of their drive for $50 billion in federal loans as a bailout, saying the government needed to step in when markets failed.
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AUSSIE Home Loans founder John Symond is offloading 33 per cent of the mortgage broking business to CBA.
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COMMONWEALTH Bank of Australia (CBA) will buy a 33 per cent interest in mortgage broker Aussie Home Loans.
Written by Yahoo! News Search Results for loans on August 28th, 2008 with no comments.
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DENVER — At least one presidential candidate is against government loans to help the automakers refit factories to make alternative fuel vehicles.
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Borrowers who take out government-insured mortgages will have to pay higher fees under new rules announced this week. Effective Oct. 1, the Federal Housing Administration will raise its mortgage insurance fee to 1.75 percent for a new mortgages and many refinanced loans.
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The country's financial regulators have urged financial institutions to upgrade controls on loans to property developers to prevent credit risks and improve land use efficiency, the China Securities Journal reported Thursday.
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WASHINGTON - Savings and loan associations lost a combined $5.4 billion in the second quarter and set aside a record amount to cover losses from bad mortgages and other loans, the government reported yesterday.
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WASHINGTON — U.S. thrifts lost $5.4 billion in the second quarter and set aside a record amount to cover losses from bad mortgages and other loans.
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The People's Bank of China, the central bank, said it has called on commercial banks to tighten loans to property developers in what it described as an effort to encourage more efficient land use.
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