Fannie and Freddie Will be Important in Economic Recovery, Lockhart Tells Realtors(R).
WASHINGTON, Nov. 7 /PRNewswire/ -- At the 2008 REALTORS(R) Conference & Expo today, Federal Housing Finance Agency Director James B. Lockhart III assured Realtors(R) that government-sponsored enterprises Fannie Mae and Freddie Mac and the Federal Home Loan Banks will continue to play a critical role in the country's economic...

Short selling clearance surprises CSE veterans.
KOLKATA: Way back in 1990-91, a number of brokers of Calcutta Stock Exchange (CSE) had defaulted in payments due to their wayward trading habits and lack of prudence. The exchange authorities did recover some money, but nevertheless took a hit of some Rs 2.5 crore net. Seventeen years later...

AROUND METRO.
Consultant seminar The Philippine Association of Realty Consultants & Specialists, Inc. (PARCS) in coordination with the Realty Service Practitioners Multi Purpose Cooperative (REALTY COOP) will host a Consultant Seminar on May 21 and 28, from 8 a.m. to 5:30 p.m., at the Roces Function Room (former Sampaguita...

French bank bids to underwrite $300-M RP bonds.
Paris-based investment bank, BNP Paribas, has offered to underwrite a three-year floating rate bonds worth between $200 million to $300 million for the government, the proceeds of which will be used to finance the government's budget deficit for this year. According to outgoing Finance undersecretary Joel Banares,...

Upcoming offers may take a knock.
(##include msid=2459375,type=9 ##) MUMBAI: The recent initial public offerings (IPOs) like Reliance Power and Future Capital may have managed to tide over the ongoing bearish wave in the secondary market. But, their success is hardly an indication of what lies ahead for the forthcoming offers, in the...

Financial Crisis to Reshape Private Equity Industry.
Walkers Predicts Key Private Equity Changes For 2009 GEORGE TOWN, Grand Cayman, Feb. 3 /PRNewswire/ -- Despite the recent volatility within the private equity market, the industry's longer term prospects remain intact, according to Walkers, the global offshore law firm of choice for companies, financial institutions and...

Gov't plans new issue of $500-million bonds.
Byline: FIL C. SIONIL The national government plans to borrow some $500 million through a bond issue from the international market within the year to fund the projected $1.7 billion requirement for 2003. Bangko Sentral ng Pilipinas (BSP) Governor Rafael Carlos B. Buenaventura told reporters...

Structured finance market roars back.
MUMBAI: After remaining subdued for most of last year, activity in India's structured finance market has again started picking up. Issues of structured finance products grew 90% to $5.5 billion in the first half of (H1) this year, from $2.9 billion in the same period last year, according to...

HGC upbeat on housing outlook; 600,000 new homes needed yearly.
Home Guaranty Corp., a state agency that guarantees home mortgages, gave an upbeat assessment of the Philippine housing sector, with demand continuing to outpace supply by a wide margin despite the industry's higher output. Speaking at a forum on Philippine housing financing, HGC President Gonzalo Bongolan said...

Realtors(R) Against Full Privatization of Fannie Mae and Freddie Mac.
WASHINGTON, Nov. 11 /PRNewswire/ -- To insure that there is sufficient capital to support mortgage lending to qualified borrowers, the National Association of Realtors(R) has adopted principles that recommend continued government involvement in the secondary mortgage market. (Logo: http://www.newscom.com/cgi-bin/prnh/20080923/NARLOGO) "As the leading advocate for housing...