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Archive for September, 2007

Loans

Friday, September 28th, 2007

Britons face home-loan payment shock-report - Reuters.uk

Britons face home-loan payment shock-report
Reuters.uk, UK - 2 hours ago
The effects will be especially felt by holders of non-conforming loans and those with limited or bad credit histories, who comprise about five percent of …

Bad Credit - ProgressiveU.org

Bad Credit
ProgressiveU.org, CA - 9 hours ago
Along with having to pay off their student loans, they must also pay off their credit card debts. After all that research, I asked someone who had a card, …

Bad Credit Loans For Entrepreneurs - American Chronicle

Bad Credit Loans For Entrepreneurs
American Chronicle, CA - Sep 24, 2007
Fortunately, there are bad credit loans for entrepreneurs that can provide the funds necessary for financing the set up of a business project regardless of …

Shrug Off your Financial Worries With Bad Credit Loan for Tenants - PR-GB.com (press release)

Shrug Off your Financial Worries With Bad Credit Loan for Tenants
PR-GB.com (press release), Bulgaria - Sep 27, 2007
Bad credit loan for tenants are tailor made for such people. • Determine the purpose and the amount you need for loan. • Then find out the amount you can …

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Personal loans

Monday, September 24th, 2007

Bad loans on houses are being negotiated - The News-Press

Bad loans on houses are being negotiated
The News-Press, FL - 12 hours ago
based Huron River Area Credit Union collapsed earlier this year, mainly because loans they made to build houses here ran into problems when property values …

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Personal loans

Monday, September 24th, 2007

HSBC Pares Back in US - Wall Street Journal

Canada.com

HSBC Pares Back in US
Wall Street Journal - 8 hours ago
It originated loans through thousands of brokers and then sold those loans to firms that bundled them and sold them as mortgage-backed securities. …
Barclays risks loss in sale of sub-prime arm Telegraph.co.uk
3rd UPDATE: HSBC Will Close Decision One Mortgage CNNMoney.com
HSBC shuts wholesale lending arm Financial Times
Los Angeles Times - Bloomberg
all 81 news articles

Home loan rates head southwards - NDTV.com

TopNews

Home loan rates head southwards
NDTV.com, India - 2 hours ago
HDFC has cut interest rates on housing loans by 50 bps to 10.75 per cent, the bank says it is passing on the benefits of 'low cost of funds' to customers. …
HDFC cuts home loan rate in festive offer Reuters India
HDFC cuts new home loan rates by 50 bps Moneycontrol.com
HDFC cuts rate on floating home loans by 0.50% Economic Times
Sahara Samay - Daily News & Analysis
all 35 news articles

Reserve says less risky approach to credit is on cards - The Age

Reserve says less risky approach to credit is on cards
The Age, Australia - 4 hours ago
Funding costs for local banks have risen following the global credit turmoil, with providers of non-conforming loans (the closest equivalent to the US …
Credit crunch will affect Australia: RBA The Age
Celebrations still premature: RBA Melbourne Herald Sun
Too early to say turmoil over: RBA Sydney Morning Herald
The Age - The Canberra Times
all 62 news articles

US: Mortgage Default Rate Stabilizing - The Associated Press

KOMO

US: Mortgage Default Rate Stabilizing
The Associated Press - 3 hours ago
"Not all of these loans result in foreclosures." About 5 percent of all US mortgages are subprime, and only a fifth of those subprime mortgages are in risk …
Mortgage defaults in the the US is stabilising: official Channel News Asia
all 95 news articles

Lender reinstates Tarragon loans - Bizjournals.com

Lender reinstates Tarragon loans
Bizjournals.com, NC - 3 hours ago
Tarragon Corp. said it has fulfilled its agreement with its largest lender, General Electric Capital Corp., which reinstates more than $550 million in loans …
Tarragon says GECC reinstates more than $550 mln of loans Reuters
GEEC Reinstates Tarragon Loans CNNMoney.com
Tarragon Corporation Announces Reinstatement of Over $550 Million … CNNMoney.com
all 14 news articles

UPDATE 1-Fortress' subprime unit Nationstar halts loans - Reuters

UPDATE 1-Fortress' subprime unit Nationstar halts loans
Reuters - 5 hours ago
The company's servicing operations, which services over 105000 loans totaling more than $10 billion, are unaffected. (Reporting by Tim McLaughlin and …
UPDATE 3-Fortress' subprime unit Nationstar halts US loans Reuters
all 18 news articles

Pa. proposes sweeping mortgage reforms - CNNMoney.com

NBC 10.com

Pa. proposes sweeping mortgage reforms
CNNMoney.com - 4 hours ago
If enacted, the changes would crack down on unethical sales practices that push buyers into unaffordable loans, raise fines, close loopholes and toughen …
Mortgage reform CBS 21
A look at mortgage reforms being proposed in Pa. Centre Daily Times
all 26 news articles

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Bad credit

Monday, September 24th, 2007

Northern Rock 'made reckless loans' - Guardian Unlimited

InTheNews.co.uk

Northern Rock 'made reckless loans'
Guardian Unlimited, UK - 7 hours ago
But money advisers and others dealing with debt and insolvency are expressing growing concern about both the level and nature of many of the bank's loans. …
Credit Crunch: Northern Rock Offering Six Times Salary Anorak.co.uk (satire)
all 14 news articles

Pa. proposes sweeping mortgage reforms - CNNMoney.com

NBC 10.com

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Loans

Friday, September 21st, 2007

CCB warns against rising mortgage risks - China Daily

CCB warns against rising mortgage risks
China Daily, China - Sep 20, 2007
By Dai Yan (chinadaily.com.cn) Default rates are getting higher on personal housing mortgage loans in China, according to a report released by the China …
China: Mortgage Loans At Risk Of Default Stratfor (subscription)
Chinese commercial banks warned of mortgage default risks China Knowledge Online
Mortgage loans warned of high defaults risks China Internet Information Center|
Insurance News Net - China Daily
all 12 news articles

Bear Stearns to cut jobs after profits plunge by 62 per cent - Independent

Boston Globe

Bear Stearns to cut jobs after profits plunge by 62 per cent
Independent, UK - Sep 20, 2007
And he added that the rest of the bank, which is one of the leaders in packaging mortgage loans into other debt products and trading them on the global …
Bear cuts value of mortgages, loan commitments MarketWatch
Investment bank CFOs say the worst is behind Wall Street Malaysia Star
Credit Turmoil Bruised Most on Wall Street, but Pain Was Not … New York Times
CNNMoney.com - Melbourne Herald Sun
all 431 news articles

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Bad credit

Friday, September 21st, 2007

ibq launches “3 free promotion” during ramadan - Al-Bawaba

ibq launches “3 free promotion” during ramadan
Al-Bawaba, Jordan - Sep 19, 2007
With the aim of fulfilling the aspirations of customersIBQ today unveiled their new “3 Free” personal loan promotion. The unique “3 Free” Personal Loan …

Wizard and GE Money’s Joint Venture to Invest US$200 Million in … - Business Wire India (press release)

Wizard and GE Money’s Joint Venture to Invest US$200 Million in …
Business Wire India (press release), India - 15 hours ago
GE Money India offers a vast range of consumer lending products, including personal loans, auto loans, credit cards, mortgages, insurance and promotional …

Secured Loans - A Better Borrowing Option - Best Syndication

Best Syndication

Secured Loans - A Better Borrowing Option
Best Syndication, CA - Sep 20, 2007
Secured loans help you in many cases. Home improvement is surely one amongst them. As a homeowner, you can get secured personal loans at very low rates …
Car Loans Interest – The Most Important Factor in Taking An Auto Loan American Chronicle
Spring into summer with new look home Best Syndication
all 4 news articles

IBQ launches personal loan promotion scheme - Gulf Times

Gulf Times

IBQ launches personal loan promotion scheme
Gulf Times, Qatar - Sep 19, 2007
Over the next three months, new customers taking personal loans from IBQ will benefit from the “3 Free” personal loan offer. This offer gives them the …

Compare Loans Before Opting For It - Best Syndication

Best Syndication

Compare Loans Before Opting For It
Best Syndication, CA - Sep 19, 2007
But he must ensure to compare personal loans to choose the right plan for averting any future troubles. The best thing about personal loans is that you …

GSB, insurers join to offer new products - Bangkok Post

GSB, insurers join to offer new products
Bangkok Post, Thailand - Sep 19, 2007
Mr Woravit said loan growth came primarily from personal loans, and expected loan growth for the year to be in line with the overall banking industry, …

RBI wants a fix on bad loans in realty - Economic Times

RBI wants a fix on bad loans in realty
Economic Times, India - 6 hours ago
In April 2006, RBI hiked the provisioning for standard advances 1% for personal loans, capital market exposures, residential housing beyond Rs 20 lakh and …

Don\'t Press Your Luck When it Comes to Loans and Credit Repair - PR-GB.com (press release)

Don\'t Press Your Luck When it Comes to Loans and Credit Repair
PR-GB.com (press release), Bulgaria - 16 hours ago
If your credit is poor, it can be exceedingly difficult to find a lender for an auto loan, personal loan, home loan, or home equity loan. …

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Personal loans

Thursday, September 20th, 2007

Bear cuts value of mortgages, loan commitments - MarketWatch

Bear cuts value of mortgages, loan commitments
MarketWatch - 4 hours ago
Bear's mortgage exposure probably peaked at roughly $55 billion during the third quarter as the bank was left holding home loans that it had planned to …
The Last Word on What Went Wrong New York Sun
all 3 news articles

Alternate energy loans program announced - Winnipeg Sun

Alternate energy loans program announced
Winnipeg Sun, Canada - 7 hours ago
By Sun Media A new alternate energy loans program will enhance opportunities for individual and provincially-based corporations and partnerships to develop …

UPDATE 1-US discount window loans slip to $2.42 bln per day - Reuters

HispanicBusiness.com

UPDATE 1-US discount window loans slip to $2.42 bln per day
Reuters - 2 hours ago
NEW YORK, Sept 20 (Reuters) - Banks borrowed less at the Federal Reserve's discount window in the latest week, according to central bank data published on …
The Federal Reserve Rate Cut and Its Effect on VA Home Loans PR.com (press release)
Discount window borrowing falls back to $1.1 billion MarketWatch
Bank loans from Fed decline CNNMoney.com
San Jose Mercury News - San Diego Union Tribune
all 2,131 news articles

The Real Cost of New Federal Student Loan Legislation - Red State

The Real Cost of New Federal Student Loan Legislation
Red State - 10 hours ago
Consider the two largest new sources of aid, more Pell Grant money and lower interest rates on some student loans. The bill provides $11.4 billion over five …
Kara McGuire: College math Minneapolis Star Tribune (subscription)
It's Back to School Season, and Congress Finally Passes a Student … Yahoo! News
Alaska editorial: Federal measures make college more affordable Juneau Empire (subscription)
Alexandria Echo Press - Falls Church News Press
all 20 news articles

UPDATE 1-RLPC-Allison Transmission sells $500 mln loan-sources - Reuters

UPDATE 1-RLPC-Allison Transmission sells $500 mln loan-sources
Reuters - 5 hours ago
NEW YORK, Sept 20 (Reuters) - Underwriters have managed to sell an additional $500 million block of loans for Allison Transmission at an original issue …

Activists not happy with loan fix plan - CNNMoney.com

Modesto Bee

Activists not happy with loan fix plan
CNNMoney.com - 2 hours ago
The Bush administration has proposed modifications to the FHA loan program so borrowers with adjustable loans that reset to higher interest rates can …
FEDERAL HOUSING ADMINISTRATION Senate panel OKs broader loan support Chicago Tribune
Senate Moves To Improve FHA Loans Hartford Courant
Help For Homes' Owners Hartford Courant
RisMedia.com (press release) - Builder Magazine
all 349 news articles

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Bad credit

Thursday, September 20th, 2007

The Real Cost of New Federal Student Loan Legislation - Red State

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Bad credit

Monday, September 17th, 2007

Alliance & Leicester personal loan rate 'best in the UK' - Money News

Alliance & Leicester personal loan rate 'best in the UK'
Money News, UK - 3 hours ago
Alliance & Leicester has claimed that its new personal loan rate is the best in the UK. Available from September 17th to November 4th, the new interest rate …
Alliance & Leicester has launched a new personal loan product that … MoneyExpert
all 3 news articles

Ask the biz brain - The Star-Ledger - NJ.com

Ask the biz brain
The Star-Ledger - NJ.com, NJ - 13 hours ago
I have approximately $5500 outstanding on a personal loan and about $3000 left on a student loan. Does it make sense to continue paying the personal loan …

Langford loans paid off by friend - The Birmingham News - al.com

Langford loans paid off by friend
The Birmingham News - al.com, AL - Sep 16, 2007
As for the loan arrangement with LaPierre, Langford said he saw nothing unusual about it. "It was a personal loan between two friends," he said. …

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Bad credit

Monday, September 17th, 2007

14-09-2007: CLSA: Malaysia’s asset reflation story is real - The Edge Daily

The Edge Daily

14-09-2007: CLSA: Malaysia’s asset reflation story is real
The Edge Daily, Malaysia - 55 minutes ago
It has strong franchises and market share lead in auto and mortgage lending. AMMB is also a leveraged play on auto loans recovery with an added advantage of …

Mortgage crisis spreads to sub-prime car loan market - Times Online