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AEI’s Pollock Says WaMu Made Lots of `Risky’ Loans: Video

Randi — Thu, 15 Apr 2010 00:15:51 +0000

April 13 (Bloomberg) — Alex Pollock, a resident fellow at the American Enterprise Institute and former president of the Chicago Federal Home Loan Bank, talks with Bloomberg’s Betty Liu about Washington Mutual Inc.’s collapse.
The Permanent Subcommittee on Investigations, led by Senator Carl Levin, a Michigan Democrat, will begin hearings today on the financial crisis with a case study on Washington Mutual. (Source: Bloomberg)

Duration : 0:3:54

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With Loan Guarantees, Obama Looks to Nuclear Energy for Jobs

Randi — Tue, 06 Apr 2010 22:08:11 +0000

This is the VOA Special English Economics Report, from http://voaspecialenglish.com

One year ago, President Obama signed the economic recovery bill aimed at pulling the country out of recession. The bill promised jobs — including many in the nuclear energy industry.

In February, the president announced plans for the government to guarantee more than eight billion dollars in loans for two new nuclear energy centers in the state of Georgia. The Southern Company plans to build the nuclear power centers. The first would start operations in twenty sixteen.

Mister Obama announced the plan at a job training center in Lanham, Maryland. The message was that nuclear energy projects will create jobs. President Obama said: It is a plant that will create thousands of construction jobs in the next few years, and some eight hundred permanent jobs — well paying permanent jobs — in the years to come.

In February, the Federal Reserve predicted that unemployment will remain near current levels through the year. The present rate is nine point seven percent. The central bank said unemployment could remain high for the next two years.

President Obama has received sharp criticism from Republicans over the lack of progress in job creation.

The seven hundred eighty-seven billion dollar American Recovery and Reinvestment Act is also unpopular because of its cost. Critics said the money is being spent too slowly with less than sixty percent being spent so far. But the administration said the measure has saved or created two million jobs.

By supporting nuclear energy, the president may be seeking common ground with Republicans who have called for building as many as one hundred new nuclear power centers.

Mister Obama has linked clean energy with economic growth. He also warned that the United States is falling behind in developing nuclear energy. He said: There are fifty-six nuclear reactors under construction in the world: twenty-one in China alone; six in South Korea and five in India.
The United States has not built a new nuclear power plant in nearly thirty years. American public opinion about nuclear energy has been mixed. In recent years, public opinion studies show more than half of Americans approve of nuclear energy. About one-fifth of the nations electricity is generated by nuclear power.

And that’s the VOA Special English Economics Report.

(Adapted from a radio program broadcast 19Feb2010)

Duration : 0:3:54

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Co-op bank posts a pre-tax profit of 3.7 billion shillings

Randi — Fri, 12 Mar 2010 02:57:26 +0000

http://www.ntv.co.ke
The Co-operative Bank of Kenya grew its profitability in 2009 by 11 per cent growth to post a pre-tax profit of 3.7 billion shillings. The Banks Managing Director, Gideon Muriuki attributes the profit growth to continued increase in the banks income streams coupled by cost containment measures. During the period under review, Co-op Bank expanded its branch network by 27 branches to 79 branches while diversifying into new business lines such as the provision of home loans and stock brokerage services.

Duration : 0:2:3

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Homeowners Sue Bank Of America Over Loans

Randi — Sat, 13 Feb 2010 18:16:58 +0000

Nearly a dozen homeowners have sued Bank of America, claiming the mortgage lender reneged on the terms of their home loans.

Duration : 0:2:6

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Home Equity Loans : Average Rate for Home Equity Lines of Credit

Randi — Thu, 11 Feb 2010 09:53:41 +0000

The average rate for a home equity line of credit will vary according to the financial institution, the property location, whether the property is an investment, and the homeowner’s FICO score. Check the Web sites of different lending institutions to determine what rate will be best for a home equity loan with tips from a registered financial consultant in this free video on home equity lines of credit.

Expert: Patrick Munro
Contact: www.northstarnavigator.com
Bio: Patrick Munro is a registered financial consultant (RFC) with outstanding sales volume of progressive financial products and solutions to the senior and boomer marketplace.
Filmmaker: Reel Media LLC

Duration : 0:1:11

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Home Equity Lines of Credit : How to Qualify for an FHA Loan

Randi — Sat, 30 Jan 2010 05:39:30 +0000

An FHA loan is a government backed loan the allows a client to get into a property with as little as 3 percent money down. Find out what factors affect FHA loan qualification, including income and credit history, with help from a financial specialist in this free video on home loans and money management.

Expert: Matthew McKillen
Contact: www.innovativefg.com
Bio: Matthew McKillen has more than 21 years of industry experience in arranging loans for his clients.
Filmmaker: Christopher Rokosz

Duration : 0:1:25

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HARD MONEY LOANS–Secret Financing for Real Estate

Randi — Fri, 15 Jan 2010 01:31:39 +0000

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Hard Money can be a quick way to fund everything from residential property, to industrial facilities to new home construction.

Duration : 0:0:56

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Home Equity Lines of Credit : Compare Home Equity Lines of Credit

Randi — Tue, 29 Dec 2009 23:02:41 +0000

When shopping for a home equity line of credit, it’s important to talk to two or three different banks to see what terms they can offer. Find out how banks tie their home equity lines to prime rates with help from a financial specialist in this free video on home loans and money management.

Expert: Matthew McKillen
Contact: www.innovativefg.com
Bio: Matthew McKillen has more than 21 years of industry experience in arranging loans for his clients.
Filmmaker: Christopher Rokosz

Duration : 0:1:26

[youtube 4xWHwUnrWfs]

Dial-A-Refinance Home Mortgages does not Work Rep. Waters

Randi — Fri, 25 Dec 2009 01:18:25 +0000

January 21, 2009
Maxine Waters deals with the marathon in contacting banks to refinance mortgages.

Duration : 0:7:51

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State Bank of India Discrese Home Loans – TV5 News @ 11AM 08th August 2009 Part01

Randi — Thu, 17 Dec 2009 02:27:59 +0000

TV5 News @ 11AM 08th August 2009

Duration : 0:13:43

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