Hinton Loan Review

Obama met with lawmakers to begin selling his stimulus plan as his advisers offered more details, including a proposal to expand the child tax credit for poor families.

Spending on U.S. construction projects is holding up better than expected, but it is likely to falter in the coming months.

Obama and congressional Democrats are crafting a plan to offer about $300 billion in tax cuts. The proposals, if enacted, in two years could have more impact than either of Bush's tax cuts did in their first two years.

Germany's ruling coalition agreed to the broad outlines of a fiscal-stimulus program valued at as much as $69 billion this year and next.

A drop in inflation in Italy and Spain in December added to expectations that the ECB will cut its key rate again.

The U.K. government has quashed what little optimism was left in its outlook for 2009, saying previous predictions that the economy will start to recover in the second half look doubtful.

Indonesia reported slowing inflation for December and a surge in the November trade surplus, which will likely prompt the central bank to continue to cut rates gradually.

'New IndyMac' to continue loan mods
Inman.com, CA - 6 hours ago
The FDIC said losses to its Deposit Insurance Fund include $341.4 million in prepayment fees to the Federal Home Loan Bank of San Francisco -- the price tag ...
Thrift Holding Company Buys IndyMac Mortgageorb
FDIC Considers Loss-Sharing to Save Banks NewsMax.com
all 12 news articles

Federal Home Loan Bank of Atlanta Announces Results of 2009 Board ...
PR Newswire (press release), NY - 7 hours ago
5 /PRNewswire/ -- Federal Home Loan Bank of Atlanta (FHLBank Atlanta) today announced the results of the 2009 elections for the chairman, vice chairman and ...

10-Q: OCEAN SHORE HOLDING CO.
MarketWatch (press release) - 9 hours ago
Federal Home Loan Bank advances increased $24.8 million, or 20.6%, to $145.0 million at September 30, 2008 from December 31, 2007. ...

Freddie Mac, FHLB, Fannie Mae 2009 note calendar
Reuters - 12 hours ago
... for potential Freddie Mac benchmark notes, Freddie Mac reference notes and REMICs, and Federal Home Loan Bank (FHLB) global note offerings in 2009. ...

FHLBNY Announces Board of Directors Election Results: C. Cathleen ...
Reuters - 13 hours ago
The Federal Home Loan Bank of New York is a Congressionally chartered, $130 billion, wholesale Bank. It is part of the Federal Home Loan Bank System, ...

Japan's central bank is looking at ways, including monetary policy, to combat a stronger yen as the nation's export-driven economy sinks deeper into recession.

How Will the Stimulus Package Affect the US Economy?
Seeking Alpha, NY - 17 hours ago
Separately, Treasury Secretary Henry Paulson is scheduled to speak on the government-sponsored mortgage agencies. ...by the time all is said and done, ...

Dateline: County News
The Tennessean, TN - 18 hours ago
As funding from this grant comes through SunTrust Bank from the Federal Home Loan Bank of Atlanta, no other mortgage company or bank financing will be ...

Let Federal Home Loan Banks keep helping Main Street
Baltimore Sun, United States - 18 hours ago
We rely on the Federal Home Loan Bank (FHLB) system to provide a layer of funding not available through deposits. We borrow from the FHLB to capture a loan ...

As the U.S. seeks to stockpile oil, China has been doing the same, and it is expected to quicken the pace -- a development that may be helping to boost oil prices.

Merkel's bid to shield Germany from the global downturn is being complicated by a rift over tax cuts within the chancellor's ruling coalition.

Exports fell 17.4% as demand sank in virtually all of South Korea's major markets. The report bolstered expectations of an interest-rate cut.

China expects to issue record amounts of domestic debt in 2009 to keep the economy from slowing too much.