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(Adds context, details) - Reuters
BOGOTA, Nov 21 (Reuters) - Colombia's central bank said on Friday it kept its key overnight interest rate unchanged at 10 percent, a decision widely expected by the market, and set next year's inflation target at 5 percent. The inflation target range ...

UPDATE 1-Colombia cenbank says keeps key rate unchanged - FXStreet.com
BOGOTA, Nov 21 (Reuters) - Colombia's central bank said on Friday it kept its key overnight interest rate unchanged at 10 percent, a decision widely expected by the market, and set next year's inflation target at 5 percent. The inflation target range ...

Colombia orders arrests after big financial scams - Reuters
BOGOTA, Nov 19 (Reuters) - Colombia on Wednesday ordered the arrest of seven people accused of a pyramid scheme which, with other financial scandals, prompted riots and threatened to damage the economy by causing millions of dollars in lost ...

Regions » Americas » Colombia - Banker
Stable government is creating an atmosphere of confidence in Colombia. Now it needs its free trade agreement with the US ratified. Writer Jane Monahan . Óscar IvÁn Zuluaga, Colombia’s finance minister Óscar Iván Zuluaga has overseen the end of ...

Corporate Crime - Newsday
NEW YORK -- Opera-loving philanthropist Alberto Vilar was convicted on fraud charges today for swindling investors, including the mother of actress Phoebe Cates, out of millions of dollars. Federal prosecutors accused Vilar and a business partner of ...

AMERICAS NEWS AT 0500 GMT - PR Inside
WASHINGTON _ An aide to Barack Obama's transition team says the president-elect is on track to nominate Sen. Hillary Rodham Clinton as secretary of state as early as next week. Developing. By Nedra Pickler. WASHINGTON _ The $25 billion rescue plan ...

School for the blind starts visionary newsroom - Newark Star-Ledger
Ed Murray/The Star-Ledger Judy Ortman, interim executive director of the Concordia Learning Center, is interviewed by student Indigo Estevez from Newark for the school paper. There's a buzz in the newsroom of a New Jersey start-up newspaper, and not ...

Venezuela, Ecuador bonds set to lag Andean region - Forbes
BOGOTA (Reuters) - The bonds of Ecuador and Venezuela are set to sharply underperform the debt of Andean neighbors Colombia and Peru as fallout from nervous global markets hits the commodities-dependent region in coming weeks. While Ecuador and ...

3 million bilked in pyramid schemes, Colombia says - CNN
BOGOTA, Colombia (CNN) -- "Easy money, fast and effective." Investors protest outside the headquarters of DMG, one of many companies accused of defrauding the public. That was the name of one of the businesses in which millions of Colombians ...

Credit Ratings - Fort Lauderdale Sun-Sentinel
NEW YORK (AP) _ The dollar mostly fell Friday as stocks surged nearly 500 points on reports that President-elect Barack Obama plans to name New York Federal Reserve President Timothy Geithner as Treasury secretary. The woes of Citigroup Inc., which ...

Today's Mortgage Terms starting with H

Home Equity Line of Credit: A type of revolving credit in which your home is used as collateral.

Home Equity Loan: A revolving line of credit or loan based on the equity in the mortgagor's property. The property is the collateral for the loan, which is usable for any purpose.

Housing and Urban Development (HUD): A U.S. government agency created to introduce federal housing and community development programs; manages the Federal Housing Administration.

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