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Showing 1421 - 1430 of 1850 results for "Prime"

FBI sting catches $2.4bn mortgage fraud

... that its mortgage fraud caseload has doubled in the past three years to more than 1,400 cases, at least 19 of which are sub-prime related. Of the 400-plus defendants, there have been 173 convictions and 81 sentencings with the crimes accounting for more ...

Asian banks still insulated from sub-prime

ALEX DUNNIN  |  FRIDAY, 20 JUN 2008
While the sub-prime disaster caused chaos in developed world credit markets, the Asian banking system continues to weather the storm amazingly well. Moody's Investors Service said the ratings outlook for many banks is generally stable and for some it's ...

Mortgage arrears hit all-time high

ALEX DUNNIN  |  THURSDAY, 19 JUN 2008
... banking deposits while the arrears measures means borrowers are more than 30 days late on payments. Arrears level for sub-prime Australian loans is ten times higher at 14.7 per cent, reported S&PRS. Sub-prime loans in Australia however only make up a ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 18 JUN 2008
... an 11 per cent fall in quarterly earnings that exceeded expectations by avoiding major losses on assets linked to US sub-prime mortgage debt. The Dow Jones industrial average shed 108.78 points, or 0.89 percent, to 12,160.30 and the Standard & Poor's ...

Russell launches integrated super banking account

MICHAEL HOBBS  |  THURSDAY, 12 JUN 2008
... harnessing the flexibility of their ATM account. The Russell Private Active Pension (RPAP) follows the release of the ANZ Prime Cash Management Account that was launched in conjunction with ING early last year and coincides with other super funds now ...

Oil speculators push up prices 50 pct

ALEX DUNNIN  |  THURSDAY, 12 JUN 2008
... sellers can get to the bottom of what is driving the "unjustified" oil price rises. So much for last weekend's calls by Prime Minister Kevin Rudd from Japan when he demanded OPEC increase oil production to take the inflationary heat out of the price ...

PM's wrong and right oil strategy

ALEX DUNNIN  |  TUESDAY, 10 JUN 2008
... decision to start manufacturing hybrid engines in Australia will do more to address Australia's oil supply worries than Prime Minister Kevin Rudd lecturing OPEC to increase production. During the weekend it was widely reported that the Prime Minister ...

ML picks Praemium for admin

RUTH LIEW  |  THURSDAY, 5 JUN 2008
... capabilities in both emerging and developed markets with our leading onshore research and domestic equity, derivative and prime brokering capabilities," said Alexy.

Global equities to bounce 15pct

MICHAEL HOBBS  |  THURSDAY, 29 MAY 2008
... cent probability." Falkiner said the actions of the US Federal Reserve in 1998 was similar to its strategy on the US sub-prime crisis. "In 1998 equity markets fell 19 per cent over three months and the Fed cut rates 75 basis points before the volatility ...

Recovery in securitised assets mask long term problems

ALEX DUNNIN  |  TUESDAY, 27 MAY 2008
... suggests the level of assets under securitisation is arguably returning to its long term linear assets trend following the sub-prime storm. Residential mortgages continue to make up the vast majority of securitisers assets as they comprise 73 per cent ...