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New Hope, Virginia home equity loans

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Babcock Staves Off Collapse With A$150 Million Loan (Update2) - Bloomberg
Dec. 4 (Bloomberg) -- Babcock & Brown Ltd. , the Australian asset manager struggling to stave off collapse, received a A$150 million ($98 million) loan from its bankers, giving it more time to sell assets and cut costs. The shares doubled in Sydney ...

Babcock Rescue Loan May Be Boon for Banks, Not Shareholders - Bloomberg
Dec. 4 (Bloomberg) -- Babcock & Brown Ltd. today received a A$150 million ($97 million) loan, giving the troubled Australian investment manager more time to sell assets and boosting its bankers’ chances of recouping A$3.1 billion of debts. Babcock ...

Interest rates cut: What should mortgage borrowers do next? - Daily Telegraph
Following the Bank of England's decision to cut interest rates to 2pc, many mortgage borrowers will be wondering whether they should switch to another deal or stick with their existing loan. We asked the experts for their views on the various options ...

Bernanke calls for more help to fix home mortgage crisis - Sacramento Bee
WASHINGTON – Adding to a mounting chorus in the nation's capital that the Bush administration must do more to reverse the nationwide housing slump, Federal Reserve Chairman Ben Bernanke on Thursday spelled out several aggressive steps that ...

Global Markets in Review: Winning Streak for Equity Bulls - Seekingalpha.com
The holiday-shortened Thanksgiving week brought investors an additional item to be thankful for when stock markets closed higher for five consecutive trading days - a rare winning streak last accomplished in July 2007. The S&P 500 Index gained 19.1 ...

Ford tells Congress it may be able to go it alone - Associated Press
WASHINGTON (AP) -- Humbled and fighting for survival, Detroit's once-mighty automakers appealed to Congress with a retooled case for a huge bailout Tuesday, pledging to slash workers, car lines and executive pay in return for a federal lifeline. GM ...

Big Three survival bailout requests rise to $34B - Associated Press
WASHINGTON (AP) -- Humbled and fighting for survival, Detroit's once-mighty automakers appealed to Congress with a retooled case for a bailout as large as $34 billion Tuesday, pledging to slash workers, car lines and executive pay in return for a ...

Street Stalls, Then Surges - Forbes
Equities stumbled in New York Tuesday afternoon, surrounding their morning gains and briefly turning negative before positive momentum built up in the final hour of trading to lock in a snapback rally. Automakers were in focus virtually from the ...

Bernanke urges action to halt foreclosures - Boston Globe
WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke on Thursday urged more aggressive steps to halt home foreclosures and said government-funded programs could help strapped homeowners. "Despite good-faith efforts by both the private and ...

UPDATE 2-Bernanke says need to do more to halt foreclosures - FXStreet.com
WASHINGTON, Dec 4 (Reuters) - U.S. Federal Reserve Chairman Ben Bernanke on Thursday urged more aggressive steps to halt home foreclosures and said government-funded programs could help strapped homeowners. "Despite good-faith efforts by both the ...