Posts Tagged With: Says
Bernanke Says Stronger Banks Must Still Improve Liquidity
A report from BusinessWeek: Federal Reserve Chairman Ben S. Bernanke said the U.S. banking system is stronger and more resilient while still facing challenges on credit quality and liquidity. “Banks still have more to do to restore their health and adapt to the post-crisis regulatory and economic environment,” Bernanke said today in a speech at &hellip Continue reading
BOE’s Broadbent Says Better Credit May Warrant Stimulus Exit
A report from BusinessWeek: Bank of England policy maker Ben Broadbent said easing bank funding conditions and an improvement in credit supply could warrant tighter policy even if U.K. private debt levels remain high. “Any abatement in overseas risks — which now reside more in the euro zone than in the U.S. housing market — &hellip Continue reading
TEXT-S&P says European real estate should weather downside credit risks
A report from Reuters: Mon Feb 6, 2012 11:27am EST (The following statement was released by the rating agency) Feb 6 – forecast for the first half of the year, thanks to robust property portfolios, according to a report published today by Standard & Poor’s Ratings Services titled “Resilient Property Portfolios Should Enable European Real &hellip Continue reading
TEXT: S&P Report Says Losses On Seven Japan CMBS Loans In Q4 2011
A report from Reuters: Mon Jan 30, 2012 12:13am EST (The following was released by the rating agency) TOKYO (Standard & Poor’s) Jan. 30, 2012–Standard & Poor’s Ratings Services today said that it has released a Japanese-language report detailing its rating actions on commercial mortgage-backed securities (CMBS) in Japan in the fourth quarter (October to &hellip Continue reading
Credit-Repair Companies Can Force Arbitration, Court Says
A report from BusinessWeek: January 10, 2012, 11:00 AM EST Clean Water Act Tool Used by EPA Questioned at High Court Foreigners Rejected by U.S. High Court on Campaign Spending Ban Obama Lawyers Defend Health-Care Law at U.S. High Court Gupta, Wells Fargo, News Corp., Bayer, SK, J&J in Court News Cordray Gets Started, Schapiro’s &hellip Continue reading
Quincy Mayor Koch says upcoming investments will improve city credit
A report from The Patriot Ledger: Mayor Thomas Koch said the $ 289 million in debt the city will take on as part of the downtown redevelopment will improve, not threaten, the city’s credit. “The downtown plan, the bond (rating) people don’t hold it against us; they’re thrilled,” Koch, seeking a third term in Tuesday’s &hellip Continue reading
Auto Lending Eases for Buyers With Weak Credit, Experian Says
New-vehicle buyers with weaker credit scores are having an easier time getting credit, according to researcher Experian Automotive. Buyers whose credit is nonprime or worse accounted for 22 percent of the new-vehicle financing market in the second quarter, up from 18 percent a year earlier, Costa Mesa, California-based Experian said today in an e-mailed report. &hellip Continue reading
Fed Governor Duke Says Small Business Credit, Sales Improve
A report from Bloomberg: Federal Reserve Governor Elizabeth Duke said the economic outlook and credit access for U.S. small businesses are improving this year. “Recent anecdotal evidence leads me to believe that conditions are improving for small businesses,” Duke said today at a community development conference in St. Louis. “Although no definitive data source exists, &hellip Continue reading