The Americas’ top international diplomat flew to Honduras on Friday to give the coup-backed government a firm ultimatum: Restore the president within 24 hours or face crippling sanctions.
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Tilson Talks Mortgage Default (Forbes)
July 4th, 2009Whitney Tilson is the founder of T2 Partners.
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The Inevitable Anti-U.S. Backlash Has Started On Kiva (Washington Post)
July 4th, 2009When we reported on Kiva.org’s decision to open up its micro-lending platform to U.S. entrepreneurs, Kiva CEO Premal Shah told us he was concerned about backlash in the community. Shah acknowledged that the decision to open lending to U.S. recipients may draw criticism because it goes against the idea on which Kiva was founded?lending to help development in third world countries where credit …
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Cassidy: Kerfuffle at Kiva (San Jose Mercury News)
July 4th, 2009When lenders at Kiva get mad, they not only get their say, but those in charge listen. It’s the beauty of doing business on the Web in the era of social networking.
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Right time to go for a home loan? (rediff.com)
July 3rd, 2009In a chat with readers on July 1, home loan expert Harsh Roongta said readers must go for a home loan now if they are planning to buy their dream homes.
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Inaccurate appraisals create problems for home sellers (KING5 Seattle)
July 3rd, 2009It’s hard enough to sell your house these days. Now some homeowners are learning a rule meant to stop another house-market meltdown may make selling their house even harder.
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Porsche Loan Requests Are Likely to Fail, State Official Says (Bloomberg)
July 3rd, 2009July 2 (Bloomberg) — Porsche SE will probably fail to persuade German state lenders to increase funding as the carmaker struggles to refinance 9 billion euros ($12.7 billion) in debt, according to a state parliamentary leader.
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First-timer home buyers like low rates (The Georgia Straight)
July 3rd, 2009Government programs tend to be stable, but an escalating interest rate can mean instant poverty for homeowners at the end of a fixed term.
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Great new deals from mortgage lenders (Times Online)
July 3rd, 2009Determined housebuilders are so intent on finding buyers that one is turning lender to offer customers a 100 per cent mortgage.
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Color of Money Book Club (Washington Post)
July 3rd, 2009Personal finance columnist Michelle Singletary hosted an online discussion with Edmond L. Andrews author of “Busted: Life Inside the Great Mortgage Meltdown” on Thursday, July 2 at Noon ET.
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