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Theinvestors see this and want a piece of the action, and this gives Wall Streetan idea. They can connect the investors to the homeowners through mortgages. Hereshow it works. A familywants a house, so they save for a downpayment, and contact the mor

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So just like always, the mortgage brokerconnects the family with a lender and a mortgage making his commission. Thefamily buys a big house. The lender sells the mortgage to the investmentbanker, who turns it into a CDO, and sells slices to the invest

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In a small town, there lived a merchant. He ran a small business. Unfortunately, he lost all his money in business. I cant stay like this. I have to do something. I will go to the next town and invest in another business, he thought to himself. So he

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DEVELOPMENT REPORT - Kiva: How Anyone Can Become a Personal Lender of MicrocreditBy Jill Moss Broadcast: Monday, August 28, 2006 This is the VOA Special English Development Report. Sometimes a small l

Further US Credit Downgrade Possible

The U.S. governments credit rating could be downgraded even further, according to the rating agency that removed the United States from a list of top-tier creditworthy nations. Standard and Poors judgement Days after Standard and Poors made headlines

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Ladies and gentlemen: Welcome future millionaires! I'm here to talk about money. We all need money. We all want to be rich. We all want to make a fortune. Money doesn't grow on trees. Money doesn't come easily. Let me tell you how to save money. Firs

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Homeowners facing foreclosure come to a courthouse in hopes to renegotiate their mortgages When the U.S. economy fell into recession two years ago, millions of Americans began defaulting on their home mortgages, leaving many cities with neighborhoods

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By Heda Bayron Hong Kong 13 April 2006 The Asian Development Bank warns Asian governments to prepare for a possible collapse of the U.S. dollar as the trade gap widens between Asia and its Western tra

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By Elizabeth Carlassare. Todays topic is a new tax-deduction for homebuyers. A nifty new tax deduction is available to homebuyers this year. In late December, the President signed a tax relief act into law that makes mortgage insurance for homes purc

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BEIJING, June 28 (Xinhua) -- Agricultural Bank of China (ABC) is set to raise up to 23.2 billion U.S. dollars in the world's largest listing, according to the price range the lender set for its shares. ABC said late Monday in a statement（声明）

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BEIJING, Feb. 29 (Xinhua) -- An Alibaba-backed private lender said on Monday that its focus on providing financial services to clients who are underserved by traditional banks has resulted in billions in loans to small businesses and individuals over

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模仿句子：The oil-rich giant Saudi Arabia has for decades been one of the world's great lender nations. A wash with cash as it seemingly pumps up as much crude as the global market desires. 翻译：数十年来，石油大国沙特阿拉伯都是

S&P Downgrades US Credit Rating for First Time

The credit rating agency Standard Poor's has downgraded the U.S. credit rating for the first time ever from the country's elite AAA status to AA-plus, with a negative outlook. In a statement late Friday, SP said it made the move because the deficit-r

Italy Faces Credit Rating Cut

A major financial services company says that Italy faces a significant chance of having its credit rating cut soon, but that it has no plans to downgrade France's top credit standing. Fitch Ratings said Tuesday it is confident that the 17-nation Euro

US Faces Possible Credit Rating Downgrade

U.S. President Barack Obama and Congress are engaged in an intense rush to settle on a plan to raise the countrys borrowing limit beyond the current total of more than $14 trillion. It is an effort aimed at averting a possible default on the countrys

英闻天下——241 UAE Top Lender Launches Chinese RMB Accounts

Emirates NBD, the biggest lender by assets in the United Arab Emirates, has launched Renminbi-denominated accounts and deposits. The bank says the move is meant to help small and medium enterprises in the Kingdom which do business with China. There a

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legatee 非土地遗赠继承人；受遗赠人 LegCo Ad Hoc Group to Study the Financial Arrangements for the New Airport and Related Projects 立法会议员研究新机场及有关工程财政事宜小

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money 货币；款项；金钱 money at call 短期通知款项 money at call and at short notice 短期通知放款；短期内可收回的贷款 money base 货币基础；银基 money broker 货币经