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Fed Commercial-Paper Purchases Expand for Sixth Week of Program - Bloomberg
Dec. 4 (Bloomberg) -- The Federal Reserve expanded its purchases of commercial paper for the sixth straight week to $304.8 billion, while loans to commercial banks and securities firms slipped. Borrowing by commercial banks through the Fed’s ...

Whether We End Up Paying For It Through Taxes Or Hyperinflation, It ... - OpEdNews.com
The U.S. government saved AIG from bankruptcy in September with a rescue plan that has ballooned to about $152 billion. The article makes it clear that the bailout of AIG was largely due to AIG's credit default swap exposure: [The government has ...

AIG, U.S. in deal to terminate some debt obligations - Reuters
NEW YORK (Reuters) - American International Group Inc (AIG.N: Quote , Profile , Research , Stock Buzz ) and the U.S. government have reached an agreement to clear the insurer of its obligations on about $53.5 billion in toxic mortgage debt, the giant ...

Greenberg wants more info from AIG on U.S. deal - Reuters
NEW YORK (Reuters) - Maurice "Hank" Greenberg, the former chief executive of American International Group Inc (AIG.N: Quote , Profile , Research , Stock Buzz ), is seeking more information from the company on its agreement with the U.S. government ...

RBI to ensure non-stop credit flow - Business Standard
"The endeavour of our monetary stance has been to manage liquidity – both domestic and forex liquidity – and to ensure that credit continues to flow for productive activities," he said. The RBI governor was in the city to address a Bank for ...

Fed Commercial Paper Holdings Rise to $295.1 Billion (Correct) - Bloomberg
Nov. 28 (Bloomberg) -- The Federal Reserve expanded its purchases of commercial paper to $295.1 billion and its loans to securities firms increased as the central bank uses its balance sheet to combat the worst financial crisis in seven decades. Cash ...

US Fed Discount Window Borrowings Drop To $259 Billion In Latest Week - CNN Money
WASHINGTON -(Dow Jones)- Total direct borrowing from the U.S. Federal Reserve's discount window dropped in the latest week. The Fed in a weekly report issued Friday said total borrowing at its discount window, including both depository institutions ...

Identities stolen to tap into home equity - Charleston Daily Mail
WASHINGTON - Federal authorities this week announced a series of arrests and convictions in connection with a global identity theft ring that stole millions of dollars by hijacking home-equity lines of credit issued to thousands of consumers. On ...

Feds crack global ID-theft ring that raided home equity - Fort Wayne Journal Gazette
WASHINGTON – Federal authorities this week announced a series of arrests and convictions in connection with a global identity theft ring that stole millions of dollars by hijacking home-equity lines of credit issued to thousands of consumers. On ...

Arrests target home-equity identity theft ring - Los Angeles Times
Federal authorities this week announced a series of arrests and convictions in connection with a global identity theft ring that stole millions of dollars by hijacking home-equity lines of credit issued to thousands of consumers. On Monday, state and ...

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Today's Mortgage Terms starting with R

  • Refinancing: The repaying of a debt with the proceeds from a new loan using the same property as collateral. The reason for refinancing is to get a lower interest rate.
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