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Paramount Church seeks private loans to finance needed repairs
In its push to raise the money to bring a Palm Beach landmark into compliance with town building codes, the Paramount Church is taking a new tack: seeking private loans.

Read more on Palm Beach Daily News

GOP uses budget, other tools to sap financial law
A judge sentences a spectator to jail for contempt. More>> WASHINGTON (AP) – President Barack Obama’s financial overhaul law is nearly a year old. For congressional Republicans, the fight to weaken it is just starting.

Read more on KMIR 6 Palm Springs

Chinese finance comes of age
The Chinese financial system’s evolution in recent years has been extraordinary.

Read more on Al Jazeera

Fitch Takes Various Actions on 17 RESI Finance & 14 RESIX Finance 2003-2007 Transactions
NEW YORK–(BUSINESS WIRE)–Fitch Ratings has taken rating actions on 17 RESI Finance Limited Partnership and 14 RESIX Finance Limited credit-linked notes prime residential mortgage backed security (RMBS) transactions. As a result of the review, 260 classes were affirmed and 81 classes were downgraded. Today’s rating actions reflect revised expected collateral loss assumptions on the reference …

Read more on Business Wire

Fitch Rates Oklahoma Development Finance Authority’s $41.5MM Lease Revs ‘AA’; Outlook Stable
Fitch Ratings assigns an ‘AA’ rating to the Oklahoma Development Finance Authority $41.545 million Oklahoma State System of Higher Education Master Real Property Lease Revenue Bonds, Series 2011A.

Read more on Business Wire via Yahoo! Finance

Personal Finance Daily: Time may be right for investing in rentals
Amy Hoak explains today in her Home Economics column that with depressed home prices, rising rents and low mortgage interest rates, this might be the time for some people to invest in rentals — if they’re really cut out to be landlords. She describes what to look for in rental properties and which markets could have the best investment potential.

Read more on Market Watch

Innovation and Islamic finance
INNOVATION and the ensuing needed authenticity are the pre-requisites to move Islamic finance to US$2 or US$2 trillion (RM6 or RM6 trillion) by 2015. But, how best to describe innovation in Islamic finance?

Read more on Business Times

Bank of America Announces New Energy Efficiency Finance Program
In its ongoing effort to provide capital that helps reduce carbon emissions and energy consumption, Bank of America today announced a new $55 million …

Read more on Finanzen.net

Google Wants to Become Your Personal Finance Advisor
In its attempt to break into the personal finance market, Google has launched a new tool for finding and comparing financial products. At its co…

Read more on Mashable

HSBC Finance Corporation Declares Dividend for Holders of Series B Preferred Stock
METTAWA, Ill.–(BUSINESS WIRE)–HSBC Finance Corporation announced today that its board of directors declared the regular quarterly cash dividend on the company’s Series B preferred stock of $0.3975 per depositary share payable June 15, 2011, to shareholders of record on June 3, 2011. On May 12, 2011 the New York Stock Exchange issued notice of its intent to change the ticker symbol of the HSBC …

Read more on Business Wire