Credit card delinquencies, usage fall
Credit card delinquency rates fell at major U.S. lenders in November as fewer consumers fell behind on their bill payments, signaling they are recovering from the stress of the financial crisis.

Credit agencies to hold more information
Credit agencies, like Baycorp, will now be able to hold more financial information about people such as credit limit, the type of account they have and drivers licence information.

Credit Card Delinquencies Rates Fall
Credit card delinquency rates fell at major lenders as consumers fell less behind on payments. 

Credit Agricole Group Seeks Steady Growth In Universal Banking
Credit Agricole Group Seeks Steady Growth In Universal Banking

 

(AFX UK Focus) 2010-03-04 10:05 UPDATE 1-UK house prices fall 1.5 pct m/m in Feb -Halifax
LONDON, March 4 (Reuters) – House prices in Britain unexpectedly fell 1.5 percent in February, the first drop since June last year, mortgage lender Halifax said on Thursday. The decline followed a downwardly revised 0.4 percent rise in January and left prices 4.5 percent higher in the three months to February compared with a year ago. Halifax said increased supply, poor weather and the end of a …

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(AFX UK Focus) 2010-03-04 10:05 UPDATE 1-UK house prices fall 1.5 pct m/m in Feb -Halifax
LONDON, March 4 (Reuters) – House prices in Britain unexpectedly fell 1.5 percent in February, the first drop since June last year, mortgage lender Halifax said on Thursday. The decline followed a downwardly revised 0.4 percent rise in January and left prices 4.5 percent higher in the three months to February compared with a year ago. Halifax said increased supply, poor weather and the end of a …

Read more on Interactive Investor

Fed Fights Deflationary Demons
In the wake of a credit collapse with unemployment at double-digit rates, what Ben Bernanke fears most is deflation. It’s here.

Read more on Forbes

Pending home sales fall 7.6 pct. in Jan
The number of buyers who agreed to purchase a home fell sharply in January, a sign that demand for housing is sinking this winter as stormy weather slammed Eastern states.

Read more on AP via Yahoo! News

 

Latest Trends Suggest It’s a Buyer’s Market – What This Means for Landlords
Front Door, a leading real estate expert website has released the Top Ten Must-Know Trends for 2010 in the real estate buyer’s market and the results are anything but surprising. Front Door predicts that although the prices will continue to fall, the lending terms will become even more stringent and there are even more foreclosures to come. But what does all this mean for landlords?

Read more on PRWeb via Yahoo! News

Not much impact from repeat homebuyer credit
It sounded like a great idea three months ago: Hand homeowners a $6,500 tax credit to find a new place to live, giving a thrust of energy to the housing market’s recovery. But so far, people are staying put.

Read more on KATU Portland

AIG Posts Loss Tied to Rescue, Reserves; Shares Fall (Update5)
Feb. 26 (Bloomberg) — American International Group Inc. posted a wider-than-expected loss after setting aside more reserves for insurance claims and paying down bailout debts. The shares fell 10 percent in New York trading.

Read more on Bloomberg

AIG Posts Loss Tied to Rescue, Reserves; Shares Fall (Update5)
Feb. 26 (Bloomberg) — American International Group Inc. posted a wider-than-expected loss after setting aside more reserves for insurance claims and paying down bailout debts. The shares fell 10 percent in New York trading.

Read more on Bloomberg

 

YOUR PLACE TO CALL HOME: Utilizing a Realtor is a great investment
Your doctor prescribes a regimen of treatment for your illness. Instead of following the doctor’s advice, you decide to research your illness on the Internet and treat yourself. Not a smart move!

Read more on Suburban Journals

Florida Marlins Team Report
The Marlins might as well hang a “Help Wanted” sign over the entrance to their camp this spring. Up for grabs are three rotation spots, the first base job, two bench jobs and at least four bullpen spots.

Read more on USA Today

Rebels roll past Raiders
The Red Deer Rebels have evolved from a team with confidence to a team that is downright cocky on home ice.

Read more on Red Deer Advocate

Anderson Cooper sued over a fall
NEW YORK An interior designer is suing CNN anchor Anderson Cooper after she took an unusual fall at an old New York City firehouse that he is converting into a new home. Killian O’Brien, of Brooklyn, says in her suit that she plunged 17 feet through the hole that once held the station’s fire pole.

Read more on St. Louis Post-Dispatch

 

California Home Mortgage Defaults Fall, Report Says (Update2)
Jan. 27 (Bloomberg) — California home mortgage defaults dropped 12 percent in the fourth quarter from a year earlier, a sign foreclosures will abate in areas hardest hit in the housing recession, MDA DataQuick said.

Read more on Bloomberg

 

Bovespa Stock Index, Real Fall, Reversing Earlier Advance
Brazil’s Bovespa stock index and the real fell, reversing earlier gains, as declines in oil and metals prices dragged down commodity producers.

Read more on BusinessWeek

 

(AFX UK Focus) 2010-01-27 07:03 Glance-European Factors — Shares set to fall; Fed eyed
LONDON, Jan 27 (Reuters) – European shares were set to fall on Wednesday, a day after snapping four sessions of losses, tracking weakness on Wall Street overnight, and with some caution expected ahead of the U.S. Federal Reserve’s interest rate decision later in the day.

Read more on Interactive Investor

 

Asia stocks fall for a sixth day running
Asian stocks fell for a sixth day, dragging Hong Kong’s Hang Seng Index 10% below its November high, on concern Chinese banks need more capital and that profit growth won’t be enough to justify equity valuations.

Read more on Gulf Times

 

China’s Stocks Fall to One-Month Low; Banks, Automakers Decline
Jan. 25 (Bloomberg) — China’s stocks fell, dragging the benchmark index to a one-month low, on concern more banks will raise capital after Bank of China Ltd.

Read more on Bloomberg