The Federal Open Market Committee decided on January 3, 2001, to lower its target for the federal funds rate by 50 basis points
to 6 percent.
41 percent of all loans outstanding at the end of the second quarter of 2008--up 6 basis points
from the first quarter of 2008 and up 129 basis points
from a year earlier.
The Board set the initial fee at an annual rate of 10 basis points
28 percent of all loans outstanding at the end of the first quarter, an increase of 9 basis points
from the fourth quarter of 2006 and 30 basis points
from one year ago.
Compared with the fourth quarter of 2005, the percentage of loans in the foreclosure process was up 20 basis points
while the percentage of loans entering the foreclosure process was up 12 basis points
05 percent of all loans outstanding at the end of the third quarter--an increase of 6 basis points
from the second quarter of 2006; while the SA rate of loans entering the foreclosure process was 0.
Over the last year, the SA percentage of new foreclosures decreased 2 basis points
for prime loans, 3 basis points
for FHA loans and 1 basis point
for VA loans.
08 percent of loans were seriously delinquent--1 basis point
higher than the fourth quarter of 2004 and 26 basis points
higher than the third quarter of 2005.
44 percent at the end of the third quarter, down 10 basis points
from the third quarter of 2004 but up 10 basis points
from the second quarter of 2005.
Over the last year, the SA percentage of new foreclosures was down 1 basis point
for prime loans to 0.
The percentage of loans seriously delinquent (60-plus days delinquent, in foreclosure, real estate-owned [REO] or nonperforming balloons) rose 3 basis points
in April to 5.
The lending rate offered to Taiwanese enterprises by Taiwanese banks in China is currently set at LIBOR plus 300-350 basis points
, and if deducting the required reserve ratio of 1%, the net interest margin stands at 200-250 basis points