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Archive for October, 2007

Bad credit

Wednesday, October 31st, 2007

All your loan queries answered! - Sify


Sify
All your loan queries answered!
Sify, India - 6 hours ago
since personal loans are expensive and it is unlikley that the mutual fund can give you areturn that is commensurat with the interest cost on the loan.

Home loan rates may remain stable - Sify


Earthtimes
Home loan rates may remain stable
Sify, India - 16 hours ago
Recently, most banks have dropped their loan rates. Home loan rates should remain stable for now," said an SBI official. Auto and personal loans are also
Getting loans becomes harder Hindustan Times
Liquidity tap regulated, central bank hikes CRR Indian Express
Part I. Mid-term Review of Annual Statement onMonetary Policy for domain-B
Sify
all 294 news articles

Pitch online for loans, person-to-person - ic Wales

Pitch online for loans, person-to-person
ic Wales, United Kingdom - 20 hours ago
online for the loan they want, giving details of what they are borrowing for, the interest rate they are seeking and their own personal circumstances.
Zopa launches new listings service Mortgage Solutions
Social lending gets personal Turkish Daily News (subscription)
all 17 news articles

Banks may cut rates on small personal loans - Economic Times

Banks may cut rates on small personal loans
Economic Times, India - Oct 28, 2007
NEW DELHI: Borrowers may soon have a reason to cheer as the interest rates on small-ticket personal loans ranging from Rs 10000-50000 are set to crash.

Pick a personal loan for this Christmas season - Best Syndication


Best Syndication
Pick a personal loan for this Christmas season
Best Syndication, CA - Oct 28, 2007
Personal loans can help you in the time of Christmas and the New Year Eve. You can meet the expenses of gifts, food, drinks and socialising in festival time
Online Shopping – Quite Attractive And Convenient Best Syndication
Christmas Loans - Key To Celebrating The Grand Occasion Best Syndication
Home Owner Loans: Providing Home To Homeless Best Syndication
all 4 news articles

Personal Loans - Easy and Affordable - Best Syndication


Best Syndication
Personal Loans - Easy and Affordable
Best Syndication, CA - 1 hour ago
Personal loans are much faster and easily accessible compared to other types of loans. Even loans for debt consolidation are met with good response.
Personal Loans: Understanding The Requirement Holds The Key Best Syndication
Personal Loans For Your Immediate Financial Needs Best Syndication
Loans -The Key to all Your Monetary Problems Best Syndication
Best Syndication - Best Syndication
all 9 news articles

Life Saver Debt Consolidation Loan - American Chronicle

Life Saver Debt Consolidation Loan
American Chronicle, CA - Oct 30, 2007
If debt are troubling you and making you to pay a huge amount for your personal loans or credit card bills, why not reinstate them with a debt consolidation
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Loans

Monday, October 29th, 2007

Moderation in bank credit to commercial sector: RBI - Economic Times


Myiris.com
Moderation in bank credit to commercial sector: RBI
Economic Times, India - 3 hours ago
Personal loans accounted for nearly 22 per cent of the incremental non-food credit while within personal loans, the share of incremental housing loans stood
India's central bank set to keep interest rates unchanged CNNMoney.com
all 54 news articles

Partner's Financial launches 'uncollaterised' loan scheme - Capped … - Jamaica Gleaner

Partner's Financial launches 'uncollaterised' loan scheme - Capped
Jamaica Gleaner, Jamaica - Oct 27, 2007
PFI also claims a near 99 per cent compliance rate on loan repayments. "A special feature of the personal loans service is that they are customised to suit

USAA creates financial response package to assist California fire … - Bizjournals.com

USAA creates financial response package to assist California fire
Bizjournals.com, NC - 40 minutes ago
The company is also offering personal loans starting at 8.9 percent for up to 60 months. The first payment can also be deferred up to 90 days like the car

Pick a personal loan for this Christmas season - Best Syndication


Best Syndication
Pick a personal loan for this Christmas season
Best Syndication, CA - 23 hours ago
Personal loans can help you in the time of Christmas and the New Year Eve. You can meet the expenses of gifts, food, drinks and socialising in festival time
Online Shopping – Quite Attractive And Convenient Best Syndication
Home Owner Loans: Practice Caution Best Syndication
Home Owner Loans: Providing Home To Homeless Best Syndication
all 4 news articles

Banks may cut rates on small personal loans - Economic Times

Banks may cut rates on small personal loans
Economic Times, India - Oct 28, 2007
NEW DELHI: Borrowers may soon have a reason to cheer as the interest rates on small-ticket personal loans ranging from Rs 10000-50000 are set to crash.

Personal Loans: Go For The Best - Best Syndication


Best Syndication
Personal Loans: Go For The Best
Best Syndication, CA - Oct 26, 2007
What is even more refreshing is the fact that one can choose to return the loan over a long period of time. Another variety of personal loans are unsecured
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Personal loans

Monday, October 29th, 2007

BRE Bank third-quarter net profit jumps 31 pct on loans, beats … - Forbes

BRE Bank third-quarter net profit jumps 31 pct on loans, beats
Forbes, NY - 13 hours ago
The bank was expected to show a net profit of 162 mln zlotys, according to a median forecast of seven analysts by Thomson Financial News. BRE said its loans

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Loans

Friday, October 26th, 2007

Use Online Car Loan Calculators For A Clear Picture On Auto Loan Rates - American Chronicle

Use Online Car Loan Calculators For A Clear Picture On Auto Loan Rates
American Chronicle, CA - Oct 24, 2007
When you are looking for financing car loans look for all the three factors and not just the auto loan rates. For more on how to get the best deals and
Apply For A Fast Car Loan Quote To Know The Cost Of Auto Loans American Chronicle
all 2 news articles

AmeriCredit 1Q profit down - Bizjournals.com

AmeriCredit 1Q profit down
Bizjournals.com, NC - Oct 24, 2007
s first-quarter fiscal 2008 profit dropped 17 percent, hurt by a higher provision for loan losses, the company said. The Fort Worth-based automobile finance
AmeriCredit Reports First Quarter Operating Results CNNMoney.com
all 20 news articles

Loan Employee Fights Off Attacker - KPHO Phoenix


KPHO Phoenix
Loan Employee Fights Off Attacker
KPHO Phoenix, AZ - Oct 23, 2007
A man entered Fast Payday Loans/Fast Auto Loans located at 1660 W. Southern Ave. over the noon hour and asked about a loan, according to officers.
Police seek suspect in sex assault AZ Central.com
Mesa woman escapes attempted sex assault East Valley Tribune
Police Investigate Sexual Assault KTAR.com
all 4 news articles

Capital One Financial: Looking Beyond GreenPoint - Seeking Alpha

Capital One Financial: Looking Beyond GreenPoint
Seeking Alpha, NY - Oct 24, 2007
Subprime Mortgages and Auto Loans are already hurting the company’s bottom line, so I’m not particularly confident about their ability to successfully
Capital One expansion in the cards? Long Island Business News (subscription)
all 2 news articles

Susquehanna Bancshares, Inc. Announces Third Quarter Results - WELT ONLINE

Susquehanna Bancshares, Inc. Announces Third Quarter Results
WELT ONLINE, Germany - Oct 23, 2007
Results for the third quarter of 2006 also included a pre-tax loan securitization gain of $8.2 million. Third Quarter Financial Highlights: — Net loans and
Sears Canada Third Quarter Operating Income Up 15% But Less Trading Markets (press release)
all 273 news articles

SBI cuts auto loan rates by 100 basis pts - Myiris.com

SBI cuts auto loan rates by 100 basis pts
Myiris.com, India - Oct 23, 2007
State Bank (Q, N,C,F)* of India, India`s largest lender, slashed interest rates on fresh auto loans by 100 basis points with 3-7 years tenure, reports DNA.

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Loans

Friday, October 26th, 2007

TIB Financial Corp. Reports Third Quarter Net Income and … - CNNMoney.com

TIB Financial Corp. Reports Third Quarter Net Income and
CNNMoney.com - Oct 24, 2007
Charge-offs in the current quarter are comprised principally of indirect auto loans. As of September 30, 2007, non-performing loans were $16.57 million,
Susquehanna Bancshares, Inc. Announces Third Quarter Results WELT ONLINE
Sears Canada Third Quarter Operating Income Up 15% But Less Trading Markets (press release)
all 273 news articles

Americredit Profit Drops - TheStreet.com

Americredit Profit Drops
TheStreet.com - Oct 24, 2007
Analysts had long been predicting that consumer-finance industries including credit cards and auto loans would inevitably feel the pinch from the credit
UPDATE 2-AmeriCredit posts lower Q1 profit, cuts FY08 view Reuters.uk
AmeriCredit 1Q profit down Bizjournals.com
AmeriCredit Reports First Quarter Operating Results CNNMoney.com
all 20 news articles

Norinchukin to buy asset-backed bonds - International Herald Tribune

Norinchukin to buy asset-backed bonds
International Herald Tribune, France - 7 hours ago
The bank, with ¥41.2 trillion of deposits, will increase investments in debt backed by payments from credit card and auto loans in Europe and the United

Capital One Financial: Looking Beyond GreenPoint - Seeking Alpha

Capital One Financial: Looking Beyond GreenPoint
Seeking Alpha, NY - Oct 24, 2007
Subprime Mortgages and Auto Loans are already hurting the company’s bottom line, so I’m not particularly confident about their ability to successfully
Capital One expansion in the cards? Long Island Business News (subscription)
all 2 news articles

Two Austin insurance firms settle with AG - Bizjournals.com

Two Austin insurance firms settle with AG
Bizjournals.com, NC - 16 hours ago
Underwriters Life Insurance Co. of Kansas with retaining credit insurance premiums from customers who paid off their auto loans ahead of schedule.
Texas secures $15.7 million settlement against insurance firms Bizjournals.com
all 11 news articles

Use Online Car Loan Calculators For A Clear Picture On Auto Loan Rates - American Chronicle

Use Online Car Loan Calculators For A Clear Picture On Auto Loan Rates
American Chronicle, CA - Oct 24, 2007
When you are looking for financing car loans look for all the three factors and not just the auto loan rates. For more on how to get the best deals and
Apply For A Fast Car Loan Quote To Know The Cost Of Auto Loans American Chronicle
all 2 news articles

SBI cuts auto loan rates by 100 basis pts - Myiris.com

SBI cuts auto loan rates by 100 basis pts
Myiris.com, India - Oct 23, 2007
State Bank (Q, N,C,F)* of India, India`s largest lender, slashed interest rates on fresh auto loans by 100 basis points with 3-7 years tenure, reports DNA.

Loan Employee Fights Off Attacker - KPHO Phoenix


KPHO Phoenix
Loan Employee Fights Off Attacker
KPHO Phoenix, AZ - Oct 23, 2007
A man entered Fast Payday Loans/Fast Auto Loans located at 1660 W. Southern Ave. over the noon hour and asked about a loan, according to officers.
Police seek suspect in sex assault AZ Central.com
Mesa woman escapes attempted sex assault East Valley Tribune
Police Investigate Sexual Assault KTAR.com
all 4 news articles

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Bad credit

Wednesday, October 24th, 2007

Midwest Banc (MBHI) 3Q07 EPS $.20 - CNNMoney.com

Midwest Banc (MBHI) 3Q07 EPS $.20
CNNMoney.com - 12 hours ago
As anticipated, gains on sales of residential mortgage loans decreased as a result of outsourcing the residential mortgage origination operations.

Freddie Mac Monthly Volume Summary: September 2007 - CNNMoney.com

Freddie Mac Monthly Volume Summary: September 2007
CNNMoney.com - 47 minutes ago
(2) Total mortgage portfolio (Table 1) is defined as Total Guaranteed PCs And Structured Securities Issued (Table 4) plus the sum of Mortgage Loans (Table

American Home sues BofA unit over loan losses - Charlotte Observer

American Home sues BofA unit over loan losses
Charlotte Observer, NC - 6 hours ago
depriving Broadhollow and Melville of their bargained-for protection against price degradation of the underlying mortgage loans," the complaint said.
American Home Sues BofA for $25M Forbes
all 5 news articles

Peoples Bancorp Inc. Reports Third Quarter 2007 Results - CNNMoney.com

Peoples Bancorp Inc. Reports Third Quarter 2007 Results
CNNMoney.com - 25 minutes ago
SELECTED FINANCIAL INFORMATION September 30, June 30, March 31, (in $000's, end of period) 2007 2007 2007 LOAN PORTFOLIO Commercial, mortgage $481341

Thornburg Mortgage Announces Joseph H. Badal to Retire December 31 … - WELT ONLINE

Thornburg Mortgage Announces Joseph H. Badal to Retire December 31
WELT ONLINE, Germany - Oct 22, 2007
He also assumed the title of chief executive officer of Thornburg Mortgage Home Loans, Inc. at that time. He was promoted to senior executive vice president

Punish speculators, aid homeowners in mortgage crisis - Chicago Sun-Times

Punish speculators, aid homeowners in mortgage crisis
Chicago Sun-Times, United States - Oct 23, 2007
Some $300 billion in mortgage loans will be reset by end of 2008. Conservative estimates are that as many as one-quarter of subprime loans facing reset will

Mortgage Meltdown - Wall Street Journal


KATU
Mortgage Meltdown
Wall Street Journal - 9 hours ago
The main problem, financial and increasingly political, is that millions of subprime mortgage loans will have their rates "reset" in the coming months.
Countrywide Moves to Ease Mortgage Misery BusinessWeek
Countrywide to Modify $16B in Loans The Associated Press
Staring into Countrywide's abyss CNNMoney.com
Stuff.co.nz - Reuters
all 661 news articles

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Bad credit

Wednesday, October 24th, 2007

Punish speculators, aid homeowners in mortgage crisis - Chicago Sun-Times

Punish speculators, aid homeowners in mortgage crisis
Chicago Sun-Times, United States - Oct 23, 2007
Some $300 billion in mortgage loans will be reset by end of 2008. Conservative estimates are that as many as one-quarter of subprime loans facing reset will

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Personal loans

Saturday, October 20th, 2007

Wachovia Net Drops 10% on Mortgage, Loan Writedowns (Update8) - Bloomberg


Philadelphia Inquirer
Wachovia Net Drops 10% on Mortgage, Loan Writedowns (Update8)
Bloomberg - Oct 19, 2007
earnings decline in six years and missed analysts' estimates after a record $1.3 billion of writedowns for bad loans and mortgage-backed securities.
US bank slump goes on as Wachovia reveals $1.3bn writedown Times Online
Wachovia's Net Falls 10% On Loan-Loss Provisions Wall Street Journal
all 407 news articles

Lenders get cold feet over mortgage loans - ic Newcastle.co.uk

Lenders get cold feet over mortgage loans
ic Newcastle.co.uk, UK - 20 hours ago
The group said there had been a 54% drop in the number of different sub-prime mortgages available, with 4371 home loans withdrawn since July this year.

Monarch Financial Announces Strong Loan Growth and Third Quarter … - CNNMoney.com


Earthtimes
Monarch Financial Announces Strong Loan Growth and Third Quarter
CNNMoney.com - Oct 19, 2007
Monarch does not hold any sub-prime or Alt-A mortgage loans or related securities. The Company's capital position remains strong with shareholders' equity
SunTrust Reports Third Quarter 2007 Earnings CNNMoney.com
Brookline Bancorp Announces 2007 Third Quarter Earnings and WELT ONLINE
AMCORE Financial, Inc. Reports 3rd Quarter Earnings CNNMoney.com
PR Newswire (press release) - CNNMoney.com
all 203 news articles

Home sweet home? - New California Media

Home sweet home?
New California Media, CA - 13 hours ago
''Conforming loans are abundantly available at historically favorable mortgage rates. Pricing has steadily improved on jumbo mortgages since the August

HSBC Is Sued Over Valuation Of Fund's Bonds - Wall Street Journal


Ottawa Citizen
HSBC Is Sued Over Valuation Of Fund's Bonds
Wall Street Journal - Oct 18, 2007
Real-estate investment trusts such as Luminent have suffered as defaults on riskier mortgage loans have shot up and the value of bonds backed by those loans
HSBC's US division faces $24m lawsuit Telegraph.co.uk
Luminent sues HSBC over bond dealings: report Bizjournals.com
Real estate fund sues HSBC over bond deal: report Reuters.uk
AHN - Reuters.uk
all 36 news articles

Are no-cost refinance loans worth it? - The Newark Advocate

Are no-cost refinance loans worth it?
The Newark Advocate, OH - 14 hours ago
By Brett Richards You may have seen ads lately for a "no-cost refinance" mortgage loan. This appears to be a mortgage program that promises no fees or

AG targets high fees, unaffordable loans - Boston Globe

AG targets high fees, unaffordable loans
Boston Globe, United States - Oct 18, 2007
They note that even now, only a small share of overall mortgage borrowers have defaulted on their loans. They also contend that some borrowers conspired in
Mortgage Bankers, Brokers at Odds Houston Chronicle
Subprime cowboys Boston Globe
Kanjorski introduces lending reform Pocono Record
all 16 news articles

Who's to blame? Is it the guy with 70 houses? The cash-flow-happy … - Palm Beach Post

Who's to blame? Is it the guy with 70 houses? The cash-flow-happy
Palm Beach Post,  United States - 8 hours ago
The former mortgage whiz who spent time in New York state's prison for mortgage fraud knows that bad home loans claimed some victims and fattened bank

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Personal loans

Thursday, October 18th, 2007

FINANCIAL STOCKS Credit woes rock financials, led by Bank of America - MarketWatch

FINANCIAL STOCKS Credit woes rock financials, led by Bank of America
MarketWatch - 6 hours ago
have taken large write-offs for loans already in default, and boosted loan-loss provisions; reserves they expect to need for loans that will go bad. ,
Associated reports profit decline The Business Journal of Milwaukee Bizjournals.com
all 11 news articles

Bad loans weigh on Banco Popular - MSNBC

Bad loans weigh on Banco Popular
MSNBC - 18 hours ago
By Leslie Crawford Banco Popular, a mid-sized Spanish bank, suffered a 21 per cent rise in bad loans in the 12 months to September 2007 - a trend likely to

Five tips before you buy a new car - EmeraldCoast.com


EmeraldCoast.com
Five tips before you buy a new car
EmeraldCoast.com, FL - 6 hours ago
So it’s crucial to know your lender’s conditions on your loan up-front. 3. Bad Credit Means the Bank Protects its Money: When you have bad credit,

Bank of America Earnings Drop on Loan Writedowns (Update7) - Bloomberg