Fed Cuts Main Rate to 2.25%, Says Outlook `Weakened' (Update3)
Bloomberg - On March 14, the Fed extended an undisclosed amount of credit to Bear Stearns Cos. to stave off a collapse, invoking a little-used rule that allows the central bank to loan to non-bank corporations.
Source: www.bloomberg.com
European Bank for Reconstruction considers lending plan for Turkey
International Herald Tribune - The International Monetary Fund's loan agreement of $10 billion with Turkey, which expires in May, has been an anchor for Turkey's economy, helping it rebound strongly from a financial crisis in 2001.
Source: www.iht.com
Bank of America and student loan stafford LaSalle Bank Lower Prime Lending Rate to 5.25
Earthtimes - In some Bank of America and student loan stafford LaSalle loan documentation, the term "reference rate" has been used to refer to this lending rate. The terms "prime rate" and student loan stafford "reference rate" refer to the same rate.
Source: www.earthtimes.org
Xerox Helps Mortgage Clients Improve Loan Processes with Enhanced
WebWire - ROCHESTER, N.Y.- Arming the mortgage industry with the technology to revamp its business processes, drive cost savings and student loan stafford improve customer service, Xerox Corporation ( NYSE:XRX ) introduces new features to its BlitzDocs Collaboration Suite. One
Source: www.webwire.com
Access Group Announces New Law School Scholarship
Forbes - WILMINGTON, Del., March 18 /PRNewswire-USNewswire/ -- Access Group, the nonprofit graduate loan specialist, is asking law students throughout the country to videotape their worries for a chance at winning a $10,000 law school scholarship to help them
Source: www.forbes.com
Allahabad Bank reduces home loan rate by 25 bps
MyIris - Allahabad Bank decided to reduce interest on housing loans by 25 basis points for both floating and student loan stafford fixed loans up to Rs 2 million classified under Priority Sector, on all maturities. The reduction in interest rate has been given to customers as the
Source: www.myiris.com
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