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Afghanistan Mortgage News is an EIN News Service for banking industry professionals. Constantly updated news and information about Afghanistan Banking.
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  • The Economic Crisis and What Must be Done 24 Nov 2009 11:51 GMT
    ... branch works out of big New York banks like J.P. Morgan Chase, Wall Street investment ... federal government debt was used to collateralize bank lending. Since then we’ve paid the freight ... use their fractional reserve privileges in making mortgage loans. Volcker’s recession shattered American manufacturing and ...

  • Opinions differ over importance of US's spiralling budget deficit 24 Nov 2009 01:32 GMT
    ... a “war surtax” on troops sent to Afghanistan, a video mocking US president Barack Obama's ... of overstretched homeowners into default on their mortgages”. Interest payments are manageable at the moment ... the US: Wall Street, where the leading banks are dispensing $30 billion in bonuses this year; ...

  • NYT: Wave of Debt Payments Facing US Government 23 Nov 2009 22:14 GMT
    ... of overstretched homeowners into default on their mortgages With the national debt now topping $12 ... security and the wars in Iraq and Afghanistan. potential for rapidly escalating interest payouts is ... more dastardly as we are using the banks to hide the bodies... banks borrow from Federal ...

  • Deficits and Massive Debt Overhangs Do Matter 23 Nov 2009 21:40 GMT
    ... of overstretched homeowners into default on their mortgages. With the national debt now topping $12 ... federal funds rate, the rate at which banks lend reserves to one another, to almost ... don't matter. The St. Louis Federal Reserve Bank posted a paper entitled " ". The ...

  • From Zombie Banks to Corporations to All of America 23 Nov 2009 21:35 GMT
    ... middle class entitlements with rebate checks. The banking industry was given free rein to rape ... Fannie Mae, Freddie Mac and threats against banks to open the mortgage market to people who had no means ...

  • Dems search for public option fix 23 Nov 2009 21:16 GMT
    ... Obama to put Gitmo inmates in Illinois! Afghan and Iraq wars getting WORSE! Oil at ... WORSE every month Obama is in office! Bank failures QUADRUPLED under Obama! Private business failures TRIPLED ... the nation's eroding labor market sent the mortgage delinquency rate to new heights and created ...

  • Debt-hit U.S. faces surge in interest payments 23 Nov 2009 18:17 GMT
    ... of overstretched homeowners into default on their mortgages. With the national debt now topping $12 ... security and the wars in Iraq and Afghanistan. The potential for rapidly escalating interest payouts ... federal funds rate, the rate at which banks lend reserves to one another, to almost zero. ...

  • U.S. government facing wave of debt payments 23 Nov 2009 17:25 GMT
    ... of overstretched homeowners into default on their mortgages. With the national debt now topping $12 ... security and the wars in Iraq and Afghanistan. The potential for rapidly escalating interest payouts ... Federal funds rate, the rate at which banks lend reserves to each other, to almost zero. ...

  • Economic Outlook: Rising debt 23 Nov 2009 14:03 GMT
    ... for investors fleeing equity markets. In addition, the Federal Reserve, with cooperation from central banks around the globe, invested more than $1 trillion in mortgage-backed securities and Treasuries while cutting bank-to-bank lending rates to near zero. But, what if the market improves? Currently, "the government ...

  • Morning Money: Geithner 23 Nov 2009 11:31 GMT
    ... DODD SCALES BACK TIMING: In the Senate, Banking committee chair Chris Dodd was forced to ... Protection Agency to 10 percent of the banks. This is 100 percent false. All banks ... of overstretched homeowners into default on their mortgages. With the national debt now topping $12 ...

  • Payback Time: Wave of Debt Payments Facing U.S. Government 23 Nov 2009 05:54 GMT
    ... of overstretched homeowners into default on their mortgages. With the national debt now topping $12 ... security and the wars in Iraq and Afghanistan. The potential for rapidly escalating interest payouts ... federal funds rate, the rate at which banks lend reserves to one another, to almost zero. ...

  • Wave of Debt Payments Facing U.S. Government 23 Nov 2009 03:51 GMT
    ... of overstretched homeowners into default on their mortgages. With the national debt now topping $12 ... security and the wars in Iraq and Afghanistan. The potential for rapidly escalating interest payouts ... federal funds rate, the rate at which banks lend reserves to one another, to almost zero. ...

  • Federal Government Faces Balloon in Debt Payments 23 Nov 2009 03:11 GMT
    ... of overstretched homeowners into default on their mortgages. With the national debt now topping $12 ... security and the wars in Iraq and Afghanistan. The potential for rapidly escalating interest payouts ... federal funds rate, the rate at which banks lend reserves to one another, to almost zero. ...

  • Taxpayers Federation Says Nation's Debt Is Spinning Out of Control 22 Nov 2009 06:54 GMT
    ... dollars - the Canadian Taxpayers Federation says. Bank of Canada Governor Mark Carney speaks to ... Commission, said David Morelli of Hortons. Canadian banks have cut their fixed-rate home mortgage rates by up to 0.25 percentage points. ...

  • Watchdog group decries $500 billion national debt in Canada 21 Nov 2009 10:17 GMT
    ... with the property owner, the National Capital Commission, said David Morelli of Hortons. Canadian banks have cut their fixed-rate home mortgage rates by up to 0.25 percentage points. The Royal Bank and Bank of Montreal are offering "special" five-year closed rates of 4.29 percent. The ...


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