Fannie Mae, Freddie Mac Halting Foreclosures During Holidays - Huffingtonpost.com
WASHINGTON — Mortgage finance companies Fannie Mae and Freddie Mac are suspending foreclosures for about 16,000 households during the holiday season. The two companies stated Thursday that they’ll halt foreclosure sales between Nov. 26 and Jan. 9

Operations Performance Manager (finance Manager) - Retail Bulletin
Job purpose:The purpose of this role is to support the Performance & Finance Manager in the analysis and reporting required to drive down costs for the Direct Services team. Also to assist with decision support for customer service improvement

Penny Pritzker, Obama’s finance chair, stated to be Commerce choice - Los Angeles Times Blogs
CNN, quoting “multiple sources,” is reporting this evening that Penny Pritzker is the top choice of President-elect Barack Obama to become his secretary of Commerce. The 49-year-old billionaire was national finance chair of Obama’s record-breaking

GE not seeking sovereign-wealth investment - Business Times Malaysia
NEWTON, Mass: General Electric Co said yesterday it has no intention of raising additional capital from sovereign-wealth funds. The company is in talks with Asian investors about joint ventures similar to one formed earlier this year with Abu Dhabi

Consolidation of banks seen as cure - Irish Examiner
THE country’s top bankers were given a clear message yesterday that the Government regards consolidation of the six Irish banks as key to their long term stability. As a result, the country could end up with AIB and Bank of Ireland absolutely

Singapore to spend $1.5 bln to help firms get credit - FXStreet.com
SINGAPORE, Nov 21 (Reuters) - Singapore will spend S$2.3 billion ($1.5 billion) to help companies get access to credit amid the global financial crisis, the government stated on Friday. “The government is acting early to enhance our business financing

Moody’s Investors Service Updates its Code of Professional - PR Inside
www.moodys.com - Moody”s Investors Service announced today that it has published an updated Code of Professional Conduct (”MIS Code”). The updates align the Code with recent changes to the Code of Conduct Fundamentals for Credit Ratings Agencies

Madrid prepares to breach budgetary rules - Financial Times
Spain’s Socialist government, which has long boasted of its prudent economic management, said on Thursday it might run a budget deficit well in excess of the European Union limit of 3 per cent of gross domestic product in response to the economic

Mortgage rates drop for third week - Contra Costa Times
WASHINGTON — Mortgage rates dropped for a third straight week, reflecting the impact the weakening economy is having on financial markets. Freddie Mac, the mortgage finance giant, reported Thursday that rates on 30-year, fixed-rate mortgages

Narayanasami frontrunner to succeed Leeladhar - Business Standard
As a norm, one of the four deputy governors of RBI is from the banking sector. Currently, Leeladhar is the deputy governor from the banking industry and he will retire in December. Leeladhar was the chairman and managing director of Union Bank of

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