Word: mortgagee
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And then there are all the plants' part owners that share the tax credits. Such is the case with Pace Carbon Synfuels Investors, a Delaware limited partnership with a stake in four facilities. Among the investors who have taken advantage of the tax credits: the Federal National Mortgage Association (Fannie...
Knowing your customer well enough to avoid costly business goofs has always been an elusive goal of marketing strategists. Standard demographic data--age, gender, employment status, income, place of residence--are usually insufficient to forecast consumer behavior with any precision. That's why during the past five years market researchers...
Bankers Called To Account How much money should a bank keep in the bank? Sounds like a simple question, yet officials from major central banks have spent the past five years toiling in Basel to devise a new set of capital requirements that will force financial institutions to be far...
(3 of 3) Typical of the new trend is Samit Kapoor, 28, an assistant manager at Exl Service, a call center near New Delhi. Last year Kapoor took a mortgage to buy a two-bedroom apartment, and this year he purchased a car, a Hyundai Santro, for about $7,000...
Thanks to big spenders like Kapoor, Citibank is finding that its target customer is getting younger. Five years ago, the average age of a Citibank mortgage holder in India was 41; now it's 28. As a result, the U.S. bank has introduced all kinds of programs to attract young...