Credit Rating or credit status is an important item that one needs to watch, if he/she is keen to borrow loans or avail credit cards from the market. Lending institutions attach a significant amount of importance to credit status. Here are some tips to help you maintain and improve your credit status.

  1. Basics first. Ensure that you pay your instalment repayments as per the schedule. If you pay late, lender find it unacceptable. This might affect your chances of getting credit.
  2. If you are using credit cards, ensure that the balances on your credit cards are low. Also, if you have a certain limit on your credit card, try to keep your usage of the credit card as low as possible.
  3. ...

That was back when women were encouraged to look like men in the office, she explained.

Adams started working for the Federal Home Loan Bank of Atlanta early in her career, in her mid-20s. Everything was going well, until her boss moved to Washington, DC, for a new opportunity.

Soon, Adams would find herself standing in a hospital room, recovering from childbirth and listening as her new boss demoted her over the phone. It was a painful moment, but Adams (eventually) embraced the new role and got an influential mentor out of the mess. And she learned that failure could be rejuvenating.

Here’s what happened: The boss who moved to DC had hired Adams to create a new training...

New Residential (NRZ) Stock Gains Today on $1.2 Billion Home Loan Servicing Asset Purchase

This story was originally published by The Center for Public Integrity, which is a nonprofit, nonpartisan investigative news organization in Washington, DC

Serve in Congress. Leave office. Sit on a mountain of surplus campaign cash.

Such miserliness is surprisingly commonplace for lawmakers of all political stripes, some of whom have hoarded leftover election money for years, even decades.

Home Loan Servicing Solutions, Ltd. Sets Record Date and Distribution Date

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How to tell if time is right to refinance home loan

In 2012, a Forbes magazine story about Indias leading online retailer Flipkart had ruffled quite a few feathers.

The cover storysaid the company hired top executives only fromJwalamukhi hostel at the Indian Institute of Technology (IIT) in Delhi. The co-foundersSachin Bansal and Binny Bansalstudied at IIT Delhi and Sachinlived in the Jwalamukhi hostel.

The story also raised some questions about the work culture at the Indian e-commerce giant. In 2009, five people hired to lead key departments such as marketing, finance and human resources, quit the organisation within a year, because they reportedly could not makeinroads into the tightly knit group of IIT hostel mates.

As first reported by Eyewitness News, a raid on a deli by an NYPD narcotics squad has resulted in one detective being suspended without pay and his supervisor put on desk duty.

The store manager says that while police were arresting his workers for selling illegal cigarettes, one of them was robbing the store.

And all of it, he says, was caught on camera.

Five NYPD detectives raided the corner deli in Brooklyns Bedford-Stuyvesant neighborhood, arresting two employees accused of selling un-taxed cigarettes and taking money from the cash register and packs of cigarettes as evidence.

The next day, the 73rd Precinct provided manager Ali Abdullah with a receipt documenting...

Thu Apr 9, 2015 07:20 PDT

New-home loan applications signal spring boost

Applications for new-home purchase loans jumped significantly in March, the Mortgage Bankers Association (MBA) reported on Thursday, a sign that home construction could begin to ramp up after a slow start to the year.

Applications increased by 17 percent from February, MBA said. The trade group also said applications were up 20 percent in the first quarter compared to the first quarter of 2014.

“Continued strength in builder applications raises the likelihood that housing starts will be strong over the next few months,” Lynn Fisher, MBA’s vice president...

FASB Finalizing Credit Impairment Guidance

The FASB is currently finalizing amendments to its guidance on the impairment of financial instruments. The proposed amendments would introduce a new impairment model¹ based on expected losses rather than incurred losses. Under this current expected credit loss (CECL) model, an entity would recognize as an allowance its estimate of the contractual cash flows not expected to be collected. The FASB believes that the CECL model will result in more timely recognition of credit losses and will reduce the complexity of US GAAP by decreasing the number of credit impairment models used to account for debt instruments.²

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