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) Online Mortgage Directory Adds Tax Relief to Menu of Services for Consumers
LendingGateway.com just added Tax Debt relief to the company's menu of online applications that connect consumers directly to professionals who can help them.San Diego, CA (PRWEB) September 17, 2007 -- LendingGateway.com is expanding its menu of services to include Tax Debt Relief. As an online mortgage lender directory that connects potential borrowers matching lenders, LendingGateway.com receives many visitors with damaged credit or other financial issues. The company responded to the inquiries for help last month by adding Debt Consolidation and Student Loan Consolidation assistance. And because of further consumer interest in help with Tax Debt problems, LendingGateway.com partnered with Tax Debt Relief experts nationwide who can help applicants with their tax issues, be it a tax lien, unfilled taxes, or Wage garnishment. More>>
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) Look before leaping into student-loan consolidation
For Aaron, who graduated from college in June, the time is fast approaching when he must begin paying off the mountainous student-loan debt he accrued during the five years he spent earning his degree.Aaron, a Torrance resident, consolidated his federal loans separately, in advance of the annual interest rate changes that occur each July. That's why he is confused that he's still inundated with consolidation offers from lenders eager to take on his debt. Some have even offered attractive "cash-back" incentives to sweeten the deal.
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) (AFX UK Focus) 2007-10-05 12:13 GMT: Paris shares fall amid investor caution ahead of US jobs data, earnings season
PARIS (Thomson Financial) - Share prices were moderately lower at lunchtime, amid cautious profit-taking ahead of September US jobs data and next week's round of US earnings reports which will give indications as to the health of the economy, market sources said.At 12.45 pm, the CAC-40 index was down 2.16 points or 0.04 pct at 5,802.23.
On the Matif, October CAC-40 futures were trading at 5,809.5.
The euro was quoted at 1.4116 usd compared to 1.4130 usd late yesterday.
A number of shares saw profit-taking in the Paris market, notably bank stocks which have been rallying for the past week.
Dexia fell 0.23 eur or 1.01 pct to 22.64 after outperforming its sector peers over recent days due to its defensive profile.
Elsewhere, Societe Generale edged down 0.13 or 0.10 pct to 126.73, while Credit Agricole fell 0.14 or 0.49 pct to 28.13 and BNP Paribas shed 0.07 or 0.09 pct to 81.08. More>>
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) What's behind the continuing bombardment of too-good-to-be-true mortgage solicitations?
Ever since the real estate market boiled over, melting down the mortgage industry and its cheap-money feeding frenzy, I've been waiting for one happy outcome: an end to the roar of mortgage brokers at my various doors.But no. Via e-mail, fax, phone and daily mail, mortgage solicitations have continued to pour into my life. Next thing you know they'll be hiring skywriters, smoke signalers, carrier pigeons or staging musical revues: "No matter your desire, no matter your need,
a college education, a thoroughbred steed,
a neatly bundled debt, a retirement RV,
it's all for the taking in your equity!
In the past few weeks, the mounting offers have formed a mountain on my desk, each offer promising a mortgageable moon, each aiming for a creative slant on the old chestnut "Here's a deal you just can't pass up." (Or as Lenox Financial — the controversial "no closing costs" (i.e. More>>
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) Watch List (Oct. 14-20): Housing Recession Could Still Penalize Economy
In this week's issue, economists say that house prices would have to fall 10% before buyers will make a significant dent in historically high inventory; and a large multifamily investor facing civil securities fraud charges files for bankruptcy protection. Plus, we give you the latest facility closures, permanent mass layoffs and properties on the Watch List. Housing's Significant Drag on the Economy The general economy may not be in a recession, but the housing economy certainly seems to be, and each month its outlook just gets uglier and uglier. Inventories of houses under construction or for sale are at near-recent highs. Prices are falling almost everywhere, and builders have now reduced the pace of residential construction by almost half from the peak set in late 2005, reported Aaron Smith, an economist with Moody's Economy.com Inc. More>> - (
) SBI-SBS merger success key to future consolidation
State Bank of India (SBI), which plans to raise Rs 10,000 crore by December 2007 through equity and debt, will see how the proposed merger of State Bank of Saurashtra (SBS) with itself goes before deciding on consolidating other associate banks.
This was indicated by SBI chairman OP Bhatt. SBS, which is wholly-owned by SBI, is one of seven associates of the country's largest bank. The boards of both banks have cleared the merger proposal. Mr Bhatt said that the consolidation in the banking sector is necessary for faster growth.
According to the SBI chief, the commerce ministry has estimated that the country would require $1.5 trillion to improve infrastructure. "Has any road map being drawn to raise even half of this capital? How would public sector banks raise this capital without the government losing direction or control," he asked. More>>