Loans

Sector Snap: Mortgage Lenders - Motley Fool

Conde Nast Portfolio

Sector Snap: Mortgage Lenders Motley Fool - Nov 28, 2007 However, Fannie Mae and Freddie Mac _ government-chartered companies that buy mortgage loans from lenders _ lost a combined $3.5 billion in the third … US CREDIT-Fannie, Freddie weakness may mean time to buy Reuters Zacks Analyst Interview Highlights: Fannie Mae, Freddie Mac, DR … Reuters Paulson plan sweeps Fannie, Freddie debt tighter Reuters Washington Times - BusinessWeek all 68 news articles

Fitch Rates $637.5MM Lehman Mortgage Trust Mtge PT Ctfs 2007-10 - Ad-Hoc-News (Pressemitteilung)

Fitch Rates $637.5MM Lehman Mortgage Trust Mtge PT Ctfs 2007-10 Ad-Hoc-News (Pressemitteilung), Germany - 3 hours ago The Group 1 mortgage pool consists of 406 conventional, fixed-rate, fully amortizing and balloon, first-lien residential mortgage loans, substantially all … Fitch Rates Wells Fargo's $433MM PT Ctfs Series 2007-AR8 PR-Inside.com (Pressemitteilung) Fitch Rates $1.24B Chase Mortgage Ad-Hoc-News (Pressemitteilung) Fitch Affirms Wisconsin Avenue Securities, Series 1996-M5 Business Wire (press release) Business Wire (press release) all 36 news articles

“Cascade Bank” announced the launch of a new initiative on … - Banks.am

“Cascade Bank” announced the launch of a new initiative on … Banks.am, Armenia - 11 hours ago “Cascade Bank” announced the launch of a new initiative on mortgage loans, within the framework of which people up to 35-years-old will be offered special …

Home Lenders Agree To Freeze ARM Rates - The Mountain Enterprise

Home Lenders Agree To Freeze ARM Rates The Mountain Enterprise, CA - 6 hours ago The state's agreement with the four lenders covers more than 25 percent of the state's subprime mortgage loans, which generally require periodic increases … Schwarzenegger to visit, offer help amid foreclosure crisis Press-Enterprise Daniel Weintraub: Governor to borrowers: Get help before too late Sacramento Bee Subprime agreement is a victory Modesto Bee The Desert Sun - Ventura County Star all 6 news articles

Paulson's Plan to Punish the Public - Motley Fool

KPIC

Paulson's Plan to Punish the Public Motley Fool - 6 hours ago They did this by purchasing mortgage loans from these lenders so that they could chop them into mortgage-backed securities of dizzying complexity and … Attempt to freeze sub-prime interest rates could lead to investor … CNNMoney.com US Leans on Subprime Lenders to Freeze Rates New York Times all 681 news articles

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Personal loans

ANALYSIS-After Wells Fargo, home equity has further to fall - Reuters

The Epoch Times Ireland

ANALYSIS-After Wells Fargo, home equity has further to fall Reuters - 6 hours ago N: Quote, Profile, Research), regarded as a prudent mortgage lender, must take a $1.4 billion charge for home equity loans that comprise a mere sliver of … Analysts react to Wells Fargo's home equity loan problems Bizjournals.com Wells Fargo to Take $1.4 Bln Charge for Bad Loans Reuters Analysts Question Wells' Loan-Loss Provision TheStreet.com Bizjournals.com - San Francisco Chronicle all 286 news articles

RBI mandates training for loan recovery agents - Economic Times

CNN-IBN

RBI mandates training for loan recovery agents Economic Times, India - 3 hours ago Bankers say that if the draft guidelines are implemented in total, it will discourage them in giving retail loans. Already a number of banks have stopped … RBI favours Lok Adalat forum for loan recovery Hindu Business Line RBI issues guidelines for engaging recovery agents Hindu RBI issues draft guidelines for recovery agents Business Standard Economic Times - Sify all 46 news articles

Loans sale sign of desperation - New Zealand Herald

Loans sale sign of desperation New Zealand Herald, New Zealand - 8 hours ago By Adam Bennett Capital + Merchant Finance sold off millions of dollars of what were probably its best loans in a desperate bid to maintain liquidity amid … Finance companies - the sorry list of 13 failures New Zealand Herald all 10 news articles

Paulson Works With Industry on Loan Plan - The Associated Press

KPIC

Paulson Works With Industry on Loan Plan The Associated Press - 8 hours ago WASHINGTON (AP) — The Bush administration is working with industry on a plan to extend lower, introductory interest rates on home loans before they reset at … Paulson, Banks in Talks to Stem Surge in Foreclosures (Update5) Bloomberg Rate freeze plan for arms gains traction CNNMoney.com Paulson's Plan to Punish the Public Motley Fool CNNMoney.com - The Associated Press all 681 news articles

Northern Rock pulls loans, credit card - Times Online

BBC News

Northern Rock pulls loans, credit card Times Online, UK - 6 hours ago Northern Rock's retreat from the unsecured lending market gathered pace today as the bank increased interest rates on its loans and withdrew its sole credit … Personal Loans - Making Things Easier For You Best Syndication Personal loan market 'shrinking' BBC News House prices alert after biggest fall for 12 years Telegraph.co.uk Channel 4 News - Mortgage Strategy all 7 news articles

Officials act to forestall foreclosures Worries grow in political … - Los Angeles Times

Los Angeles Times

Officials act to forestall foreclosures Worries grow in political … Los Angeles Times, CA - 16 hours ago And in the Inland Empire, Schwarzenegger kicked off a $1.2-million education campaign to help borrowers and lenders restructure loans before a home is lost … Subprime measures proposed in Assembly San Jose Mercury News Calif. Democrats seek special legislative session on foreclosures San Diego Union Tribune Democrats seek action on lending issues North County Times Ventura County Star - Imperial Valley News all 86 news articles

Scotiabank Offers $17 Loans in Peru, Snubs US Peril (Update2) - Bloomberg

Scotiabank Offers $17 Loans in Peru, Snubs US Peril (Update2) Bloomberg - 2 hours ago Scotiabank is targeting stores in Latin America, offering loans and credit cards to clients with little or no banking history at a time when many North …

Jesse Jackson urges restructured loans to avert crisis - Newsday

Jesse Jackson urges restructured loans to avert crisis Newsday, NY - 5 hours ago Jackson contended that unscrupulous lenders targeted minority communities for such loans. In the next eight months, about 2 million homeowners will see …

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Bad credit

Creative loans can ease nation's subprime crisis - Atlanta Journal Constitution

Creative loans can ease nation's subprime crisis Atlanta Journal Constitution,  USA - 2 hours ago This is the route to solving the challenge facing the nation and the many, many families who had subprime loans that are ultimately destroying their family … The Subprime Bust and the One-Page Mortgage Disclosure American Enterprise Institute Pelosi Statement on US Conference of Mayors Report on Mortgage … PR Newswire (press release) Citigroup Feels Heat To Modify Mortgages Wall Street Journal Earthtimes - Salon all 106 news articles

Wells Fargo to Take $1.4 Bln Charge for Bad Loans - Reuters

The Epoch Times Ireland

Wells Fargo to Take $1.4 Bln Charge for Bad Loans Reuters - 48 minutes ago The company, which is also the fifth-largest US bank, said it also was significantly scaling back making home equity loans through brokers, citing a need to … Analysts stunned by Wells Fargo's home equity loan problems Bizjournals.com Analysts Question Wells' Loan-Loss Provision TheStreet.com Wells Fargo to take $1.4B hit on bad loans Bizjournals.com Reuters - New York Times all 394 news articles

US bank earnings plunge in third quarter - MSNBC

Stuff.co.nz

US bank earnings plunge in third quarter MSNBC - 7 hours ago Some banks have also reported increases in consumer defaults and late payments on credit card, motor and other loans. The $16.6bn in provisions is the most … Profits drop sharply at US, Florida banks Bizjournals.com Banks' 3Q Profits Drop by 25 Percent The Associated Press Expected loan losses push bank earnings lower Reuters.uk Bizjournals.com - Inman.com (subscription) all 152 news articles

Court rules loans manager should be reinstated - Irish Times

RTE.ie

Court rules loans manager should be reinstated Irish Times, Ireland - 6 hours ago A High Court judge said today he was satisfied an Irish Nationwide Building Society home loans manager has made out a strong case that an investigation by … Judge says Nationwide lending claim is credible Irish Times Court to rule in Fitzgibbon case RTE.ie Court to rule in Irish Nationwide case Irish Times Belfast Telegraph - RTE.ie all 16 news articles

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Personal loans

Uk Secured Personal Loans 2007 new business publication … - PRLog.Org (press release)

Uk Secured Personal Loans 2007 new business publication … PRLog.Org (press release), Romania - 12 hours ago The UK secured personal loans market has come a long way since the 1990s. Indeed, the UK secured personal loans market performed well in 2006 and is now at …

Be Better Equipped To Get Competitive Personal Loans - Best Syndication

Best Syndication

Be Better Equipped To Get Competitive Personal Loans Best Syndication, CA - Nov 24, 2007 There are many lenders in the UK loan market. A borrower needs to ensure a competitive loan deal. For this purpose, you can compare personal loans available … Personal Loan - Instant Solution To All Your Financial Worries Best Syndication Personal loans - Use them differently Best Syndication Bad Credit Loans-Helping To Overcome Financial Troubles Best Syndication Best Syndication - Best Syndication all 7 news articles

Alliance & Leicester Personal Loans reveals cost of green homes - Money News

Alliance & Leicester Personal Loans reveals cost of green homes Money News, UK - Nov 23, 2007 An initial outlay of about £9000 could be needed to make an existing house closer to being carbon-neutral, according to new research. … Cost of cutting carbon Thrifty Scot (press release) all 4 news articles

Stanbic profit up 30pc as new players enter Uganda banking - East African

Stanbic profit up 30pc as new players enter Uganda banking East African, Kenya - 18 hours ago Among new products and service that Stanbic bank has introduced over the first half of this financial year are mortgages and personal loans that management …

UK Stocks Drop; HSBC, Alliance & Leicester Lead the Retreat - Bloomberg

UK Stocks Drop; HSBC, Alliance & Leicester Lead the Retreat Bloomberg - 46 minutes ago Lloyds TSB Group Plc, the uk's largest provider of personal loans, retreated 2.3 percent to 459.25 pence. Bradford & Bingley Plc, the uk's biggest lender to …

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Bad credit

Here comes the recession - CNNMoney.com

CNNMoney.com

Here comes the recession CNNMoney.com - 17 hours ago "Banks were able to extend cheap credit." But with banks choking on bad loans, Kasriel doesn't expect to see the return of the easy lending standards that …

As bad loans are cleaned up, small borrowers suffer - Inquirer.net

As bad loans are cleaned up, small borrowers suffer Inquirer.net, Philippines - Nov 25, 2007 In recent years, close to P100 billion worth of supposedly "bad loans" have been sold off by banks and financial institutions to so-called "vulture funds" …

Your guide to improving bad credit - Personal Finance and Savings

Your guide to improving bad credit Personal Finance and Savings, UK - 5 hours ago And, the good thing about these types of loans is that you can still get one, even with bad credit. However, they often carry a higher interest rate and … Getting cheaper rates on your loans and finance Thrifty Scot (press release) all 3 news articles

Capitalist credit crisis - Workers World

Capitalist credit crisis Workers World - 13 hours ago 15) Having cheated millions of people out of their money by pushing bad loans on them, the banks now have bad debts. The workers are facing foreclosure on …

Exotic loans will return if market heats up again Pay-option arms … - San Francisco Chronicle

Exotic loans will return if market heats up again Pay-option arms … San Francisco Chronicle,  USA - Nov 25, 2007 Even Piskorski agrees that the loans were offered too freely to borrowers with bad credit. "For these to work," he said, "the borrower must be rational and … Rising Rates to Worsen Subprime Mess Wall Street Journal all 4 news articles

Pain isn't restricted to struggling homeowners - USA Today

WZZM

Pain isn't restricted to struggling homeowners USA Today - 11 hours ago Traditionally, credit card operations have been a cash cow for banks. Many institutions, to limit their exposure to bad loans, have gotten pickier about … Liquidity and Credit Crunch in Financial Markets is Back to Summer … RGE Monitor all 10 news articles

Bad Credit Loans-Helping To Overcome Financial Troubles - Best Syndication

Best Syndication

Bad Credit Loans-Helping To Overcome Financial Troubles Best Syndication, CA - Nov 24, 2007 Such loans are risky for the lender or any loaning institution. For qualifying for bad credit type of loans, it is mandatory to fill several documents and … Have Bad Credit Score? Hardly A Problem Best Syndication Celebrate Christmas in your own way Best Syndication Comparing Loan Deals - The Best Way To Choose Best Syndication Best Syndication - Best Syndication all 7 news articles

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Personal loans

Fannie and Freddie pullback would devastate economy - Reuters

Sky News Australia

Fannie and Freddie pullback would devastate economy Reuters - Nov 23, 2007 Fannie Mae and Freddie Mac own or guarantee a combined $4.8 trillion of US home mortgage loans of more than 40 percent of the total outstanding. … Why Freddie's Loss Didn't Clear the Air Wall Street Journal Fannie and Freddie get burned Business Spectator On Wall St: Subprime flames lick at Freddie MSNBC all 67 news articles

Symptoms of a slowdown: Foreclosures rise as adjustable-rate … - San Jose Mercury News

Symptoms of a slowdown: Foreclosures rise as adjustable-rate … San Jose Mercury News,  USA - 5 hours ago Some 2 million homeowners hold $600 billion of subprime adjustable-rate mortgage loans, known as arms, that are due to reset at higher amounts during the …

Mortgage seekers are the Main Street collateral damage of credit … - Globe and Mail

Mortgage seekers are the Main Street collateral damage of credit … Globe and Mail, Canada - Nov 22, 2007 Whether the banks are selling guaranteed investment certificates or pooling their mortgage loans and selling pieces to institutional investors, … The Financial Tsunami: Sub-Prime Mortgage Debt is but the Tip of … Center for Research on Globalization all 4 news articles

Long-term mortgage rates decline - Bizjournals.com

Long-term mortgage rates decline Bizjournals.com, NC - 23 hours ago First Hawaiian Bank offered rates of 5.75 percent on 30-year fixed-rate mortgages, charging two points for the loans, according to the Honolulu Board of …

CORRECTED - COLUMN-UK housing wobbles as credit drains away: James … - Reuters.uk

CORRECTED - COLUMN-UK housing wobbles as credit drains away: James … Reuters.uk, UK - Nov 23, 2007 L: Quote, Profile , Research), namely that after the subprime debacle investors no longer have much of an appetite for securities backed by mortgage loans, … UK mortgage approvals dive to record low Business Spectator all 8 news articles

Paul Krugman fails to explain the reasons for the mortgage meltdown - BloggingStocks

Paul Krugman fails to explain the reasons for the mortgage meltdown BloggingStocks - 3 hours ago Krugman uses that platform to suggest that the reason for the bad mortgage loans is that bankers "haven't been forced to give back any of the huge paychecks …

Azerbaijan Mortgage Fund refinanced only 56% of given under its … - Azerbaijan Business Center

Azerbaijan Mortgage Fund refinanced only 56% of given under its … Azerbaijan Business Center, Azerbaijan - Nov 22, 2007 Azerbaijan Mortgage Fund (AMF) under The National Bank of Azerbaijan cannot refinance whole volume of given under its standards mortgage loans due to given … Azerbaijan Mortgage Fund will abolish maximum rate limit while … Azerbaijan Business Center all 3 news articles

Refinancing May Be Harder to Enjoy - Wall Street Journal

Refinancing May Be Harder to Enjoy Wall Street Journal - 16 hours ago Martin Quijada, an architect from Gilbert, Ariz., who has perfect credit, has been looking to refinance his mortgage loan recently. …

arms Control: How to Avoid Mortgage-Reset Grief - Wall Street Journal

arms Control: How to Avoid Mortgage-Reset Grief Wall Street Journal - 18 hours ago arms are mortgage loans with payments based on indexes that adjust periodically. The amount due each month may go up several times over the life of the loan …

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Personal loans

RAMS Gets a Hand for Some Loans - Wall Street Journal

RAMS Gets a Hand for Some Loans Wall Street Journal - 22 hours ago By REBECCA THURLOW SYDNEY — National Australia Bank Ltd. said it could take some of RAMS Home Loans Ltd.'s mortgages onto its balance sheet as RAMS … RAMS Home Loans tumbles on refunding worries Reuters When assets are just too good Melbourne Herald Sun National Australia May Hold Rams Short-Term Debt (Update2) Bloomberg Melbourne Herald Sun - Sydney Morning Herald all 37 news articles

US treasury secretary urges better loan qualification for borrowers - Xinhua

Canada.com

US treasury secretary urges better loan qualification for borrowers Xinhua, China - Nov 21, 2007 21 (Xinhua) — US Treasury Secretary Henry Paulson urged the mortgage-service industry to help more borrowers qualify for better loans instead of dealing … US Treasury's Paulson seeks broader mortgage help Guardian Unlimited Paulson’s gloomy view on mortgages Times Online Is it Bad Enough Wall Street Journal Wall Street Journal - CNNMoney.com all 98 news articles

Kensington halts loans to higher-risk borrowers - Telegraph.co.uk

BBC News

Kensington halts loans to higher-risk borrowers Telegraph.co.uk, United Kingdom - 2 hours ago In an email to mortgage brokers, the troubled lender said it will increase its focus on low-risk products, rather than the "adverse" loans for which it is … UK lender pulls sub-prime range BBC News all 12 news articles

Loans available for small businesses affected by drought - Cedartown Standard

WVVA TV

Loans available for small businesses affected by drought Cedartown Standard, GA - 6 hours ago Eligibility, loan amounts and terms are set by the SBA and are based upon each applicant’s financial resources, size and type of business. … UPDATE — SBA makes federal drought recovery loans available Times-West Virginian SBA Disaster Loans Available in Michigan Following Secretary of … Earthtimes How to Finance Your Business Black Enterprise Bridgewater Courier News - Bizjournals.com all 26 news