FHA Mortgage Rates and VA Home Loans at HSBC Bank for February 24

Interest rates on HSBC Bank’s (NYSE:HSBC) home purchase mortgage loans were mixed on Monday, February 24, according to the lender’s data. On Friday, we saw upticks in interest rates on most of the home loans at this lender. In the beginning of the new week, however, we observe some mixed rates. The 30-year home purchase loan is advertised at a slightly higher rate today in the form of 4.520%. Last last week the rate on this mortgage loan was 4.500%. Those rather opting for the 15-year fixed alternative, is starts at 3.560%. Government loan options include 30-year fixed FHA and ... Continue Reading

Legal battle between HP and Autonomy takes fresh turn

The leak revealed in yesterday’s FT sparked a fresh war of words between HP and Lynch, who said: ‘These revelations prove we were open and transparent with our auditors.’

Carry on reading...

Can co-ops compete ... in capital?

The search for equity has led some foreign co-operatives to voluntarily choose the route now followed perforce by Britain's Co-operative Bank, typically by creating Public Limited Company (PLC) structures which co-ops partly own but which also have external investors. This is the approach, for example, of France's Crédit Agricole, where institutional and individual investors hold about 40% of the parent bank's shares.

Continue reading...

CF names new foundation head

<p>The College of Central Florida has named a new executive director of its foundation, and the Appleton Museum of Art has added to its management team, officials announced this week.</p><p>Chris Knife, who oversees an award-winning college foundation in Georgia, has been tapped as the new executive director of the CF Foundation.</p><p>The foundation's major role is raising money for scholarships. The college and the foundation together operate, and provide governance for, the Appleton Museum.</p><p>Knife, whose official first day will be May 5, replaces Joan Stearns, 66, who was CF's vice president of institutional advancement when she retired in January. Stearns was ... Continue Reading

Is it time to buy back into Latin America?

Invesco’s Dean Newman says weaker currencies in the region should give it a boost this year on the back of improving western demand.