Personal loans
HSBC Pares Back in US - Wall Street Journal
 Canada.com |
HSBC Pares Back in US
Wall Street Journal - 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 3rd UPDATE: HSBC Will Close Decision One Mortgage HSBC shuts wholesale lending arm |
Home loan rates head southwards - NDTV.com
 TopNews |
Home loan rates head southwards
NDTV.com, India - 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 HDFC cuts new home loan rates by 50 bps HDFC cuts rate on floating home loans by 0.50% |
Reserve says less risky approach to credit is on cards - The Age
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Reserve says less risky approach to credit is on cards
The Age, Australia - 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 Celebrations still premature: RBA Too early to say turmoil over: RBA |
US: Mortgage Default Rate Stabilizing - The Associated Press
 KOMO |
US: Mortgage Default Rate Stabilizing
The Associated Press - "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 |
Lender reinstates Tarragon loans - Bizjournals.com
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Lender reinstates Tarragon loans
Bizjournals.com, NC - 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 GEEC Reinstates Tarragon Loans Tarragon Corporation Announces Reinstatement of Over $550 Million … |
UPDATE 1-Fortress' subprime unit Nationstar halts loans - Reuters
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UPDATE 1-Fortress' subprime unit Nationstar halts loans
Reuters - 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 |
Pa. proposes sweeping mortgage reforms - CNNMoney.com
 NBC 10.com |
Pa. proposes sweeping mortgage reforms
CNNMoney.com - 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 A look at mortgage reforms being proposed in Pa. |
