Forex Market



Forex Market



UPDATE 2-Vietnam not seeking IMF loan program -World Bank

WASHINGTON, June 26 (Reuters) - Vietnam is not seeking an International Monetary Fund loan program to deal with pressures from economic overheating, contrary to market rumors, a senior World Bank official said on Thursday. Jim Adams, World Bank vice ...




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The U.ArrayOne question I get over and over again from loan officers is Are internet leads a good source for new business? My answer always is Well, yes and no.Times are tough, there is no doubt about that. When I first started in the industry, my commission spread was 20% of the yield spread premium or YSP. They think that this plan cannot help the banks to survive from the pain of home loan. When they see the kind of money that can be made in this business, its no wonder they arent satisfied with their 50% commission spread (or even less!). And, if that wasnt bad enough, we worked on teams of three people.I get a lot of emails from loan officers who are currently working for a mortgage company, but are looking to advance their career and go out on their own. Then came the regular ARMs--because rates were rising and people still wanted those low bragging rights rates. They simply had to have a rate below 5% so they could one-up the Joneses at the next BBQ and prove how smart they were.S Treasury Department



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