Personal loans

US watchdog 'vigilant' as bad loans leap 36% - National Post

Javno.hr

US watchdog 'vigilant' as bad loans leap 36% National Post, Canada - 11 hours ago The FDIC, which insures bank deposits, said at a rare news conference here that it is closely monitoring credit markets after troubled real-estate loans … Late loans soar on troubled mortgages: FDIC Reuters.uk More bankruptcies, job cuts, survival loans as mortgage shakeout … Seattle Times Banking industry profits drop in Q2 Bizjournals.com Bloomberg - Reuters.uk all 238 news articles

Banks to Sell Loans With Interest Cap - Korea Times

Banks to Sell Loans With Interest Cap Korea Times, South Korea - 8 hours ago By Na Jeong-ju Banks will begin selling floating-rate loans with upper limits in interest rates next month. The products are expected to help reduce … CD Rates Continue to Increase Korea Times all 3 news articles

At 18 Indiana schools, one lender dominates - Indianapolis Star

At 18 Indiana schools, one lender dominates Indianapolis Star, United States - 12 hours ago In some cases, students who didn't shop for the best loans may have cost themselves thousands of dollars. Federal education officials sent letters to the … College Board Ends Loan Activities Inside Higher Ed College Board closes lending program Crain’s New York Business College Board Quits the Loan Business New York Times Forbes all 55 news articles

Namibia: Study Loans On Offer - AllAfrica.com

Namibia: Study Loans On Offer AllAfrica.com, Washington - 2 hours ago The loans are awarded to students who are orphans, those who are studying fields of high priority and those whose parents cannot afford to pay for their …

Housing loans discouraged to curb raging property prices - China Daily

Housing loans discouraged to curb raging property prices China Daily, China - 16 hours ago By Hao Zhou (chinadaily.com.cn) The Shenzhen branch of Huaxia Bank raised its housing loans down payment proportion to 40 percent last week, …

Bad loans at US banks rise 51 per cent - Globe and Mail

Earthtimes.org

Bad loans at US banks rise 51 per cent Globe and Mail, Canada - 12 hours ago WASHINGTON — The subprime loan debacle has unleashed a chain reaction of bad loans, layoffs and bankruptcies throughout the banking industry. … Lehman Brothers shuts subprime mortgage unit Newsday Lehman Brothers cuts jobs in American mortgage crisis Guardian Unlimited Lehman Brothers Shuts Down Subprime Unit, Fires 1200 (Update4) Bloomberg Melbourne Herald Sun - MarketWatch all 186 news articles

Accredited cutting 1600 jobs - San Diego Union Tribune

Canada.com

Accredited cutting 1600 jobs San Diego Union Tribune, United States - 8 hours ago By Mike Freeman San Diego's Accredited Home Lenders yesterday slashed 1600 jobs throughout the nation and stopped making new mortgage loans in its struggle … Loan firms cut jobs, suspend some activities San Jose Mercury News Mortgage Lenders Move to Cut Costs Forbes LEND Cuts Deal to Transfer $1B in Loans Forbes Telegraph.co.uk - CNNMoney.com all 291 news articles

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.

• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 

Posted in Uncategorized | No Comments »

Bad credit

Lending crisis: From Wall Street to Main Street to Your Street - San Jose Mercury News

Canada.com

Lending crisis: From Wall Street to Main Street to Your Street San Jose Mercury News,  USA - Aug 19, 2007 At the time they made their offer a couple weeks ago, major problems in the mortgage market were starting to show up in force — making mortgage loans … The Fed's Next Move: A Wall Street Bailout? Consumer Affairs Fed doesn’t offer much relief The State Markets calm but fed move turns to uncertainty Stuff.co.nz Canada.com - Sydney Morning Herald all 93 news articles

EU inquiry deadline for Merrill Lynch, Abbey National Mortgage … - Forbes

EU inquiry deadline for Merrill Lynch, Abbey National Mortgage … Forbes, NY - 12 hours ago The groups are acquiring Concert Mortgages Holdings Ltd. The venture will focus on the provision of non-conforming mortgage loans in the UK and the …

Housing woes hit high end - CNNMoney.com

Washington Post

Housing woes hit high end CNNMoney.com - 4 hours ago The term refers to home loans in excess of $417000. By rule, they cannot be guaranteed by the government-sponsored mortgage finance companies Fannie Mae and … Lawmakers continue push for stronger role for Fannie, Freddie Inman.com (subscription) Amid Credit Concerns, Safety and Stability Wall Street Journal SUBPRIME FALLOUT Dallas Morning News (subscription) New York Times all 15 news articles

Buyers for Mortgages Scarce - Forbes

Buyers for Mortgages Scarce Forbes, NY - 3 hours ago … is not that mortgage debt is worthless, but simply that nobody is buying it, or other kinds of debt like the short-term loans known as commercial paper. … KKR Financial Makes Cash King Forbes Downtime for Subprime Conde Nast Portfolio all 18 news articles

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.

• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 

Posted in Uncategorized | No Comments »

Loans

Annaly Plans Mortgage Buyer IPO - TheStreet.com

Annaly Plans Mortgage Buyer IPO TheStreet.com - 15 hours ago The New York-based mortgage real estate investment trust said Chimera Investment will "invest in residential mortgage loans, residential mortgage-backed … Annaly Plans IPO of Mortgage Investor Forbes IPO Filing: Chimera, A Vulture Fund With Annaly (CIM, NLY) 24/7 Wall St. Annaly Capital unit Chimera files for $250mn IPO newratings.com Reuters all 20 news articles

Exposed: investors discover their risk - The Australian

BBC News

Exposed: investors discover their risk The Australian, Australia - 12 hours ago In short, the debt from these mortgage loans was packaged into tradeable securities, as though they were bonds or shares, and sold to pension funds, … Leaders urge calm as stocks tumble again Gulf Times Calming global jitters The Japan Times Fears of crash unfounded – for now Financial Times Dunton Springs Evening Post - BBC News all 23 news articles

Subprime mortgage woes hit state - Seattle Post Intelligencer

Reuters.uk

Subprime mortgage woes hit state Seattle Post Intelligencer - 22 hours ago "In the light of the collapse of the secondary mortgage market, First Magnus will not fund any future mortgage loans, and is no longer accepting any … Tightening borrowing conditions Gulf News Crisis in Credit Reuters Trouble in the mortgage market Business Standard Florida Today - Los Angeles Times all 25 news articles

A rush to pull out cash - Los Angeles Times

Turkish Press

A rush to pull out cash Los Angeles Times, CA - 20 hours ago … its business on the "plain vanilla" mortgage loans that can be sold to Fannie Mae and Freddie Mac, the government-sponsored mortgage finance companies. … Primer: What Went Wrong, What's Next Wall Street Journal Countrywide forced to turn to banks CNNMoney.com Countrywide execs still set on expansion plan Inman.com (subscription) Forbes - New York Times all 525 news articles

First Magnus kaput, but Frost Mortgage still afloat - Bizjournals.com

Yuma Sun

First Magnus kaput, but Frost Mortgage still afloat Bizjournals.com, NC - 4 hours ago Albuquerque-based Frost Mortgage, which used the company for administrative support and as a funder for its own loans, has not been affected, … UPDATE 1-First Magnus, big US mortgage lender, halts loans Reuters First Magnus Halts Loans, Citing `Collapse' of Mortgage Market Bloomberg Charter Funding, First Magnus close down Bizjournals.com BusinessWeek - Forbes all 145 news articles

National City to Merge National Home Equity into National City … - CNNMoney.com

RTT News

National City to Merge National Home Equity into National City … CNNMoney.com - Aug 16, 2007 In addition, National City Mortgage continues to originate first mortgage loans through National City's bank branches, more than 400 retail mortgage … • National City terminating home equity unit The Plain Dealer - cleveland.com National City To Merge Mortgage And Home-equity Lending Businesses … RTT News National City to fold home equity unit into mortgage division Bizjournals.com Reuters - Crain’s Cleveland Business all 52 news articles

KKR UNIT TAKES HIT ON MORTGAGE LOANS - Globe and Mail

KKR UNIT TAKES HIT ON MORTGAGE LOANS Globe and Mail, Canada - Aug 16, 2007 KKR Financial Holdings LLC shares dropped 31 per cent yesterday after the firm sold almost half its mortgage loans for a net loss of $40-million (US) and … KKR Cuts $5.1 Billion in Mortgage Loans Forbes KKR Sells $5.1 Billion Mortgage Loans Forbes KKR Financial Unloads Loans, Wall Street Journal MarketWatch - Commercial Property News all 109 news articles

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.

• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 

Posted in Uncategorized | No Comments »

Loans

Posted in Uncategorized | No Comments »

Personal loans

Fannie, Freddie shares fall after plea rejected - MarketWatch

Reuters

Fannie, Freddie shares fall after plea rejected MarketWatch - 5 hours ago … following a decision on Friday by the companies' regulator to reject Fannie's request to buy more home loans to prop up the sagging mortgage market. … OFHEO says no to raising caps on GSEs' loan portfolios Inman.com (subscription) Regulator rejects moves by companies seeking to ease credit crunch International Herald Tribune Fail to get nod for more home loans Economic Times Barron’s (subscription) - Forbes all 274 news articles

Wall Street Troubles Fueling Mortgage Crisis - ABC News

Wall Street Troubles Fueling Mortgage Crisis ABC News - 6 hours ago The bank was pulling out on the package of two mortgage loans Cecere needed to buy his $410000 home. Cecere's story puts a human face on Wall Street's …

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.

• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 

Posted in Uncategorized | No Comments »

Loans

Mortgage Panic Is Just Return to Normal - Forbes

Mortgage Panic Is Just Return to Normal Forbes, NY - Aug 10, 2007 That means people with good credit who can verify their incomes still have mortgage loans readily available to them, Bowersox said. … Mortgage industry disruption may be good thing, analysts say The State Everything you never wanted to know about Mortgage Backed Securities San Francisco Chronicle Mortgage industry disruptions are just the market correcting … San Jose Mercury News all 24 news articles

Some clues on global cues - Hindu Business Line

Some clues on global cues Hindu Business Line, India - 4 hours ago By definition itself, sub-prime mortgage loans are riskier loans made to borrowers who are unable to qualify under traditional, more stringent, criteria. …

Rates on jumbo mortgages rise, even though historically they're … - MarketWatch

CNNMoney.com

Rates on jumbo mortgages rise, even though historically they're … MarketWatch - Aug 10, 2007 The fact is, the market is very unsettled right now because the investors who buy mortgage loans really have no idea of what the value of their mortgage … Fixed-rate loans drop and ARMs increase in latest Freddie Mac survey MarketWatch Soaring Interest Rates Stun Local Homebuyers NBC Sandiego.com Bankrate: Jumbo Mortgage Rates Rise Again CNNMoney.com New York Times - CNNMoney.com all 31 news articles

NovaStar Financial Announces Second-Quarter 2007 Results and … - CNNMoney.com

Reuters

NovaStar Financial Announces Second-Quarter 2007 Results and … CNNMoney.com - Aug 9, 2007 … due to the extremely volatile and less liquid secondary market, which has adversely affected the value of its mortgage securities and mortgage loans. … NovaStar reports pretax loss in second quarter Kansas City Star Subprime lender NovaStar posts big loss Reuters NovaStar Financial Announces Second-Quarter 2007 Results and … PR Newswire (press release) Houston Chronicle all 37 news articles

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.

• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 

Posted in Uncategorized | No Comments »

Personal loans

PNB to disburse Rs 100 cr of education loans - Economic Times

PNB to disburse Rs 100 cr of education loans Economic Times, India - 12 hours ago 11 Aug, 2007, 1600 hrs IST, PTI CHANDIGARH: Public sector Punjab National Bank (PNB) on Saturday said it will disburse education loans of Rs 100 crore in … PNB to disburse Rs 100 crore as education loan Ludhiana Newsline all 4 news articles

Commerce to add SBA loans for veterans - Bizjournals.com

Commerce to add SBA loans for veterans Bizjournals.com, NC - Aug 10, 2007 Commerce Bank said recently that it is offering Small Business Administration (SBA) Patriot Express loans for veterans and their families. … SBA Deadline to Apply for Economic Injury Disaster Loans is … PR Newswire (press release) Governor seeks SBA declaration for victims of Delaware County flooding Mid-Hudson News Ala. Center Aims to Make it Simple to Apply for Small Business Loan HispanicBusiness.com all 20 news articles

US high-risk home loans causing global market upheaval - The News - International

US high-risk home loans causing global market upheaval The News - International, Pakistan - 23 minutes ago PARIS: Newspapers worldwide fretted on Saturday over the extent of economic damage caused by contagion from US high-risk home loans after market turmoil …

'More loans for students' - Jamaica Gleaner

Jamaica Gleaner

'More loans for students' Jamaica Gleaner, Jamaica - 18 hours ago The governing People's National Party (PNP) says it is reviewing the Students' Loan Bureau (SLB) and has promised to extend the benefits to middle-class …

Germany's WestLB says "limited" exposure to US sub-prime loans - Channel News Asia

Turkish Press

Germany's WestLB says "limited" exposure to US sub-prime loans Channel News Asia, Singapore - 3 hours ago The world's major stock markets faced volatility this week in response to the crisis involving US sub-rime loans — or high-risk home lending. … Troubled German bank deeper than thought in US loans mire: report Channel News Asia all 10 news articles

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.

• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 

Posted in Uncategorized | No Comments »

Personal loans

AIG comfortable with mortgage-market exposure - MarketWatch

Earthtimes.org

AIG comfortable with mortgage-market exposure MarketWatch - 7 hours ago Problems in the subprime-mortgage market, which involves loans to borrowers with weak credit history, have caused problems for several large mortgage … AIG's exposure to subprime investments limited Inman.com (subscription) Mortgage delinquencies, defaults spreading: AIG Reuters AIG quarterly net rises 34%; results top estimates MarketWatch CNNMoney.com all 276 news articles

Mortgage seekers caught in squeeze - Boston Globe

MSNBC

Mortgage seekers caught in squeeze Boston Globe, United States - Aug 7, 2007 Such mortgages were 15 percent of all mortgage loans made statewide in 2005, the most recent figures available, compared with 10 percent nationally, … Home lenders lifting threshold Columbus Dispatch Drive Up Rates On Jumbo Loans Wall Street Journal NY Lender Files for Bankruptcy Protection Washington Post Inman.com (subscription) all 255 news articles

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.

• 
• 
• 
• 
• 
• 
• 
• 
•