Posts Tagged ‘financial’

PkReaders: Orascom Telecom To Acquire Microfinance Bank

Orascom Telecom , parent organisation of Pakistan's leading cellular company, is in talks to acquire a microfinance bank in order to enter the financial business and strengthen its appearance in the country. The News has learnt that a ...

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Be the first to comment - What do you think?  Posted by jedwan - March 11, 2010 at 4:28 pm

Categories: Telecom   Tags: , , , , , , , ,

Orascom Telecom could acquire microfinance bank | Microfinance Africa

LAHORE: Orascom Telecom , parent organisation of Pakistan's leading cellular company, is in talks to acquire a microfinance bank in order to enter the financial business and strengthen its appearance in the country.

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Be the first to comment - What do you think?  Posted by jedwan - at 11:07 am

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AfricaNews – US urge Ethiopia to liberalise telecom sector – Articles

ethiopia telecom . “Jordan Winkler, Financial Economist from State Department's Bureau of Economic, Energy, and Business Affairs outlined U.S. plans to improve the ways in which the U.S. and Ethiopia could cooperate on economic reform ...

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Be the first to comment - What do you think?  Posted by jedwan - March 10, 2010 at 11:19 pm

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SK Telecom Financial Report Released by Company Financials » Phone …

SK Telecom Financial Report Released by Company Financials on Phones Review.

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Be the first to comment - What do you think?  Posted by jedwan - March 9, 2010 at 7:03 pm

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Do you think we will qualify?

**Sorry my original message was blank, I mistakenly hit enter or something and it posted my message without any text**  OOPS!    My finance and I will be applying for a loan this coming Monday.  We are looking to finance about $350k with a purchase price of $375k.  The home is new construction and recently appraised for $430k.  Here is our financial picture...   My FICO scores are:  740 TU and 749 EQ.  I recently paid off (or down to very small balances) all credit cards and paid off my school loan...those payments don't show up on report I ran last night though.  My only monthly expense now is a car loan at $365 a month.  I had income of $42,300 in 2009 and now will make $43,000 this year.    My finance's scores are:  688 TV and 704 EQ His scores are typically higher than mine, but in November he went to Jared's and bought a very expensive engagement ring (getting married in June!).  So, having a very high revolving credit balance really hurt his scores I guess.  The good news is that he paid it off about a week ago, along with all credit card debt.  Now, his only monthly debt is a school loan at $480 a month.  One other potential problem is that he is a self-employed attorney.  In 2009, his income was a little over $80k and this was his first year self-employed.  However, in 2008, he had some medical problems and only had income of $32,500, which was not from self-employment.  In 2007, he had a salary job and also worked out of the home and ended up with income over $125k.    I guess my question is...1) will his scores hurt us?  2) how long would we have to wait for his score to be updated to show that his revolving credit balance is very low now?  and 3) will his 2008 income hurt us?    He is having a good 2010 already with income so far of $25k.    Oh by the way, if we do qualify we can also qualify for a 3-2-1 buy down program offered in our State.  My understanding is if we can get a 5.15% rate, the first year it will be 2.15%, the second year 3.15%, the third year 4.15% and 5.15% thereafter.    I can't want to hear your thoughts!! Message Edited by wvgirl on 02-26-2010 06:38 AM Message Edited by wvgirl on 02-26-2010 06:40 AM Message Edited by wvgirl on 02-26-2010 08:12 AM

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Be the first to comment - What do you think?  Posted by jedwan - February 26, 2010 at 8:53 pm

Categories: mortgage   Tags: , , , , , , , , ,

Trying to Qualify…..Seems like when I take 2 steps forward…i’m kicked back 3

I have been in the process of or should I say preparing my financial / credit worthiness to purchasing a home for almost a year now.  Wished I had been reading these post months ago.   My information (i'm trying to remember all the information asked to provide, so bear with me):   Current Scores:  550 / 584 / 647  Salary:  $45K Time on J:  8yrs Collections:    1 foreclosure over 4yrs ago (ARM Loan)   2 collections settled (just sent a PFD letter for the remaining balance)   1 collection deleted (delete letter went to CRAs last week)   3 PFD letters mailed on yesterday for the rest of the collections on my account   Open good tradelines:   2 CD loans purchased to build credit ($65 monthly) - Balances less than half of initial loans   3 Credit Union loans ($200 monthly) - balance over half of initial loans   Auto Loan ($488 monthly) will pay this off in March   2 Credit Cards ($60 monthly) - keeping the balance at less than 20%   Conns credit ($105 monthly) - Balance over half of initial loan   The reason for the step back remark.....well my scores were 584 / 606 / 647, two months ago, but for some strange reason the scores slipped backwards.  the mortgage loan officer stated that three of the collections (the ones I paid / settled above) reported my old accounts as new and that could have made them drop.  So he advised me to pay them off.  Ok, I did it, but two of the three stated that they will not delete only list as settled / paid in full.  So did it help my scores?  Then he told me to pay all the balances on the loans to less than half - I'm working on it.  The last thing he told me was to pay off my car to bring down my DTI.  therefore I had to double up on the payments to pay the car off in 2 months.....needless to say.  peanut butter and jelly sandwiches are getting pretty boring nowadays.  But the flip side of that is, I can't pay the car off and also pay the loan balances down to less than half..I'm doing all i can just to make the monthly payments to keep from having lates on all the accounts i have.   I have not been late on any accounts in over a year.  Please help me.  What is the best way to qualify for this FHA loan.  my loan officer is throwing things at me in bits and pieces.  i wish he had just given me a list of things to take care of at once.  it seems that he gives me a project, when i get it done, he say..."ok, now you need to do this"....and so on and so on.   i just have a strange feeling that when I pay off the car, there will be something else and I have made my family suffer financially long enough....is there a prize at the end of this road im on...am i that far off?  I am really trying to keep my eyes on the prize, but I'm tired of the setbacks with yet another hoop to jump thru.    

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Be the first to comment - What do you think?  Posted by jedwan - February 22, 2010 at 9:11 am

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Criminal Investigation Under Way In Telecom Fracas – News Story …

BURLINGTON, Vt. -- The Vermont Attorney General says a criminal investigation is under way into whether Burlington officials misled state regulators looking into the financial condition of the city-owned Burlington Telecom .

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Be the first to comment - What do you think?  Posted by jedwan - February 19, 2010 at 9:49 pm

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New Generations Telecom wins NITEL bid; MTN clinches SAT-3 …

A shocking $2.5 billion bid by New Generations Telecommunications Consortium (formerly Telefonica) threw competitors off balance to clinch the preferred bidder slot at the financial bid opening for the acquisition of 75 percent of the ...

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Be the first to comment - What do you think?  Posted by jedwan - February 17, 2010 at 10:06 am

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Chunghwa Telecom lands NT$3 billion project from Taiwan government

Chunghwa Telecom (CHT) on February 11 announced that it has won a 3-year project worth NT$3.084 billion (US$96.4 million), through an open bid, to set up a new-generation integrated national tax system for the Financial Data Center ...

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Be the first to comment - What do you think?  Posted by jedwan - February 12, 2010 at 11:14 pm

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Top 10 telecom trends in 2010 – FP Trading Desk

Follow the markets in real time with FP Trading Desk, your up-to-the-minute look at Bay Street and beyond from Financial Post.

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Be the first to comment - What do you think?  Posted by jedwan - February 8, 2010 at 8:06 pm

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