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Archive for February, 2008

Personal loans

Thursday, February 28th, 2008

IStar's Stock Sinks to 7-Year Low - CNNMoney.com

IStar's Stock Sinks to 7-Year Low
CNNMoney.com - 7 hours ago
IStar's portfolio is suffering from bad credit. About $1.2 billion in loans are not being repaid right now, compared with $848.7 million at the end of the

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Personal loans

Thursday, February 28th, 2008

Amid Mortgage Mess, Auto Loans Also Lag - CNNMoney.com

Amid Mortgage Mess, Auto Loans Also Lag
CNNMoney.com - Feb 25, 2008
In January, the share of prime securitized auto loans at least 60 days late on payments jumped 44% from a year earlier to a 10-year high of 0.77%,

Pain spreads: Car repos rise - Cincinnati Enquirer

Pain spreads: Car repos rise
Cincinnati Enquirer, OH - Feb 26, 2008
Fitch Ratings recently reported that the number of auto loans that were at least two months delinquent - typically the point at which lenders take action to

Recession Rescue: Tackle Your Auto Loan Debt - ABC News


ABC News
Recession Rescue: Tackle Your Auto Loan Debt
ABC News - Feb 26, 2008
Mellody, you are not a proponent of long-term auto loans. Why? A car is the one asset, which loses value the moment it becomes yours and you put the key in

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Loans

Wednesday, February 27th, 2008

Amid Mortgage Mess, Auto Loans Also Lag - CNNMoney.com

Amid Mortgage Mess, Auto Loans Also Lag
CNNMoney.com - Feb 25, 2008
In January, the share of prime securitized auto loans at least 60 days late on payments jumped 44% from a year earlier to a 10-year high of 0.77%,
S&P: Mortgage bond credit worsens CNNMoney.com
all 13 news articles

RAW DATA: Total Mortgage Demand Plunges - FOXBusiness

RAW DATA: Total Mortgage Demand Plunges
FOXBusiness - 12 hours ago
tied to residential mortgage rates but affects other forms of consumer borrowing such as credit cards, home equity lines of credit and auto loans.
Despite the Fed's cuts, there's little relief in the cost of borrowing Boston Globe
all 7 news articles

Pain spreads: Car repos rise - Cincinnati Enquirer

Pain spreads: Car repos rise
Cincinnati Enquirer, OH - Feb 26, 2008
Fitch Ratings recently reported that the number of auto loans that were at least two months delinquent - typically the point at which lenders take action to

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Loans

Wednesday, February 27th, 2008

Bad Credit Loans: Have Without Being Halved - Best Syndication


Best Syndication
Bad Credit Loans: Have Without Being Halved
Best Syndication, CA - 6 hours ago
These loans will add to your financial stability and reinstate happiness in your life. The amount borrowed under Bad credit personal loans can be conferred

Save hundreds on your new car - MSN Money UK

Save hundreds on your new car
MSN Money UK, UK - 9 hours ago
Online you will also find some of the most competitive personal loan rates, for instance 6.9% (Alliance & Leicester) and 6.8% (Tesco) both for loans of
Mirror Money OUR money: BE WARY OF FORECOURT LOANS Mirror.co.uk
Top 5 methods to finance a car purchase Loans4
all 3 news articles

GE pegs base for two units at $400 mn - Economic Times

GE pegs base for two units at $400 mn
Economic Times, India - Feb 25, 2008
In our quest for a strategic partner for our wholly-owned personal loans and mortgage portfolios, we continue to receive bids in all forms and it is in GE’s

Bank defrauded of Rs 8 cr by Dehra Dun school chairman - The Tribune

Bank defrauded of Rs 8 cr by Dehra Dun school chairman
The Tribune, India - Feb 25, 2008
The multi-crore fraud came to light after some teachers came to know about personal loans against their names after the death of the chairman,

Choose The Goose Which Would Lay The Golden Eggs For You! - Best Syndication


Best Syndication
Choose The Goose Which Would Lay The Golden Eggs For You!
Best Syndication, CA - Feb 25, 2008
By best personal loans, we mean loans taken after a complete, comprehensive and detailed market survey in addition to a thoughtful analysis of the financial

Fast And Multi-Purpose Loans - Best Syndication


Best Syndication
Fast And Multi-Purpose Loans
Best Syndication, CA - Feb 26, 2008
In this particular situation one financial instrument is available for your help and that financial assistant is a personal loan. These loans are commonly
Loan For Luxury And Necessity Best Syndication
Get your Finances Rolling Best Syndication
One Loan Solution For Different Needs Best Syndication
American Chronicle - Best Syndication
all 13 news articles

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Bad credit

Wednesday, February 27th, 2008

JPMorgan Chase Details Loan Standards - Houston Chronicle

JPMorgan Chase Details Loan Standards
Houston Chronicle, United States - 6 hours ago
In its Investor Day presentation on Wednesday, the bank detailed ways it has been tightening its lending standards for home equity loans, as well as for
HEARD ON THE STREET Wall Street Journal
JPMorgan to Focus on Long-Term Growth Houston Chronicle
Ahead of the Bell: JPMorgan BusinessWeek
all 25 news articles

A Lender Halts US-Backed Student Loans - New York Times


New York Times
A Lender Halts US-Backed Student Loans
New York Times, United States - 30 minutes ago
By JONATHAN D. GLATER The Pennsylvania Higher Education Assistance Agency, one of the nation’s largest student loan operations, announced Wednesday that it
PHEAA to stop making student loans Public Radio Capitol News
PHEAA to suspend some student loans WPSU
PHEAA suspends student loans phillyBurbs.com
Centre Daily Times - Pittsburgh Tribune-Review
all 21 news articles

Lenders Freezing Some Home Equity Loans - CBS News


CBS News
Lenders Freezing Some Home Equity Loans
CBS News, NY - 12 hours ago
But now, people with a line of credit may be in for a surprise: Lenders are blocking the money pipeline, refusing to loan borrowers any more money.
Banks Pulling Back on Home Equity Loans KSLA-TV
all 6 news articles

GE Real Estate loans $25M to RM Crowe for office refinance - Bizjournals.com

GE Real Estate loans $25M to RM Crowe for office refinance
Bizjournals.com, NC - 7 hours ago
RM Crowe, which owns the office building near the intersection of Luther Lane and Douglas Avenue in Dallas, is set to take out a $25.3 million loan to

Patriot National Bancorp Reports Record Earnings - FOXBusiness

Patriot National Bancorp Reports Record Earnings
FOXBusiness - 11 hours ago
Total loans increased 35% from $506.9 million at December 31, 2006 to $685.9 million at December 31, 2007. For the fourth quarter of 2007 total loans
First United Corporation Announces Fourth Quarter and 2007 Earnings FOXBusiness
Commonwealth Business Bank Reports 2007 Net Income of $1.0 Million FOXBusiness
Lincoln Bancorp Announces Revised Increase to Year End 2007 Results FOXBusiness
FOXBusiness - Earthtimes
all 48 news articles

Buy-to-let landlords retain appetite for loans - Financial Times


Real Business
Buy-to-let landlords retain appetite for loans
Financial Times, UK - Feb 26, 2008
The Council of Mortgage Lenders said yesterday that lenders advanced 84800 new loans, totalling £11.6bn, to buy-to-let investors in the last three months of
Buy-to-let property market: one million loans Real Business
New figures show rise in buy-to-let loans Property Industry News
Buy-to-let loans break through 1m barrier This is Money
Introducer Today - BBC News
all 58 news articles

Home Equity Loans Weigh on JPMorgan - TheStreet.com

Home Equity Loans Weigh on JPMorgan
TheStreet.com - 9 hours ago
Executives at its investor day on Wednesday said the New York-based bank would likely charge-off $450 million in home equity loans in the first quarter as a
UPDATE: JPMorgan May Be Harbinger As Home-Equity Losses Rise Fast CNNMoney.com
all 4 news articles

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Loans

Tuesday, February 26th, 2008

Government toughens stance over non-payment of student loans - Telegraph.co.uk


Telegraph.co.uk
Government toughens stance over non-payment of student loans
Telegraph.co.uk, United Kingdom - 9 hours ago
Bad debt records at credit reference agencies will prevent former students from raising mortgages or receiving credit cards or business loans.

Akash Prakash: The Credit Contraction - Business Standard

Akash Prakash: The Credit Contraction
Business Standard, India - 8 hours ago
Merrill Lynch has created a composite debt measure, taking into account actual borrowing costs for mortgages, auto loans, credit cards, etc, and calculated

GS Analyst Downgrades Fannie, Freddie - CNNMoney.com


Earthtimes
GS Analyst Downgrades Fannie, Freddie
CNNMoney.com - Feb 25, 2008
Bad credit will continue to constrict the bank's profit margin, he said. He expects losses on Washington Mutual's subprime loans to reach as high as 19.4
Existing home sales decline San Jose Mercury News
all 75 news articles

TowerGroup Predicts Continued Growth for Commercial and Small … - FOXBusiness

TowerGroup Predicts Continued Growth for Commercial and Small
FOXBusiness - 15 hours ago
In order to continue on its recent growth track, commercial lenders need to get back to basics in terms of focusing on credit quality, loan covenant

Millionaires caught in Egg crackdown - Times Online

Millionaires caught in Egg crackdown
Times Online, UK - 5 hours ago
Egg, the online bank, has dumped at least three millionaires as customers because it considered them a bad credit risk. The three, based in London,

US House lawmakers consider $15 billion mortgage bailout plan as … - International Herald Tribune

US House lawmakers consider $15 billion mortgage bailout plan as
International Herald Tribune, France - 4 hours ago
A Credit Suisse spokeswoman confirmed that a document outlining a plan to expand the Federal Housing Administration's ability to refinance bad loans came

Despite Competition There Are Loans For Bad Credit - HULIQ

Despite Competition There Are Loans For Bad Credit
HULIQ, NC - 21 hours ago
Tom Dikkin has done his masters in Finance from Oxford university and is currently assisting Very Bad Credit Loans as a finance advisor.

Good Credit - Bad Credit - American Chronicle

Good Credit - Bad Credit
American Chronicle, CA - Feb 24, 2008
It also shows a lender he is worthy for larger loans, specifically that he may be worthy of their financing his very first home. Bad credit is easy to come

Get your Finances Rolling - Best Syndication


Best Syndication
Get your Finances Rolling
Best Syndication, CA - 7 hours ago
These bad credit unsecured personal loans carry a high rate of interest and are "blessings in disguise" for these individuals who are denied any kind of
Tips to find Bad Credit Mortgage Refinance Loan Best Syndication
Take A Short Break With An Unsecured Loan American Chronicle
Affordable Solution for all Short Term Needs Best Syndication
Best Syndication - Best Syndication
all 11 news articles

Bad Credit Debt Consolidation Loan – Get It Now - American Chronicle

Bad Credit Debt Consolidation Loan – Get It Now
American Chronicle, CA - Feb 24, 2008
The credit card statement brings with it realization of the level of debt. It is then that a bad credit debt consolidation loan is necessary to haul one out

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Personal loans

Tuesday, February 26th, 2008

Fitch Assigns Access Group Student Loan Servicer Ratings - FOXBusiness

Fitch Assigns Access Group Student Loan Servicer Ratings
FOXBusiness - 15 hours ago
Fitch has also assigned Access Group a Private Student Loan Seller/Servicer Rating of 'Proficient.' The private student loan rating reflects the company's
Pa. college-aid agency temporarily suspends federal student loans PennLive.com
all 10 news articles

FDIC Girds For Bank Failures - TheStreet.com

FDIC Girds For Bank Failures
TheStreet.com - 5 hours ago
It noted that non-current loans exceeded reserves for first time since 1993. Loans that are 90 days past due, jumped 32.5% to $26.9 billion,
Small and midsize banks also face subprime fallout International Herald Tribune
UPDATE 1-US banks set aside record amount for loan losses Reuters
Q4 2007 US banking profits lowest in 16 years MarketWatch
Inman.com (subscription) - BusinessWeek
all 235 news articles

Purple Line loans finalised - Bangkok Post


Bangkok Post
Purple Line loans finalised
Bangkok Post, Thailand - 1 hour ago
The Japan Bank for International Co-operation (JBIC) and the Finance Ministry have finalised terms of a loan to finance construction of the new Purple
Bids for 3 train routes to be called this year Bangkok Post
all 4 news articles

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Loans

Sunday, February 24th, 2008

Mortgage brokers taking lumps as subprime market cracks - Salt Lake Tribune

Mortgage brokers taking lumps as subprime market cracks
Salt Lake Tribune, United States - Feb 23, 2008
In the late 1980s, many mortgage loans were still originated by loan officers directly employed by financial institutions. By the 1990s, mortgage brokers

ALL BUSINESS: Fed Rate Cut Futility - The Associated Press

ALL BUSINESS: Fed Rate Cut Futility
The Associated Press - Feb 22, 2008
The spread between jumbo mortgages and conforming mortgage loans, which are backed by Fannie Mae and Freddie Mac, has widened to around 1.2 percentage

Pag-IBIG to sell P20B in bad assets - Inquirer.net

Pag-IBIG to sell P20B in bad assets
Inquirer.net, Philippines - 14 hours ago
The bad loans are now being managed by pioneering mortgage service platform Bahay Financial Services Inc. "We're open to any form of involvement,

Advice from the cocktail circuit - Boston Globe


Javno.hr
Advice from the cocktail circuit
Boston Globe, United States - 19 hours ago
Of late, Mudd is fielding questions about a new law that has the potential to lower interest rates for jumbo mortgage loans. He was pressed about it during
New Mortgage Rule Aims to Close an Interest Rate Gap The Ledger
Fannie and Freddie Losses To Offer Gauge on Defaults Wall Street Journal
Fannie Mae, Freddie Mac Shares Fall as Merrill Cuts to `Sell' Bloomberg
all 100 news articles

Don't fall prey to predatory lenders - Pacific Daily News

Don't fall prey to predatory lenders
Pacific Daily News, GU - 8 hours ago
In most but not all cases, they are ineligible for "normal" prime mortgage loans and must go to sub-prime loans lenders. Sub-prime loans are not in their

Your roadmap through the jargon jungle - Scotsman

Your roadmap through the jargon jungle
Scotsman, United Kingdom - 1 hour ago
Typically, Alt-A mortgage loans might not have the full documentation supporting an application, perhaps with sketchier than normal employment details or
Media Manuvers: Credit Crunch for Dummies Huffington Post
all 2 news articles

Priority bills for some lawmakers die in session - Statesman Journal


The Oregonian - OregonLive.com
Priority bills for some lawmakers die in session
Statesman Journal, OR - 14 hours ago
Merkley is seeking the Democratic nomination for the US Senate and had said he intends to talk about problems with subprime mortgage loans.
Ore. House OKs Mortgage Reform Bill Houston Chronicle
Senate adopts toy-safety, mortgage reform measures TheTimes
House backs home loan reforms The Register-Guard
The Oregonian - OregonLive.com - The Oregonian - OregonLive.com
all 31 news articles

Webdigs Celebrates Nationwide Expansion of Mortgage Loan Operations - FOXBusiness

Webdigs Celebrates Nationwide Expansion of Mortgage Loan Operations
FOXBusiness - Feb 21, 2008
"Our independent loan officers actively search the market for the best available mortgage rates they can find for our clients — whether they are home

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Personal loans

Sunday, February 24th, 2008

Quick guide to economic buzzwords - Chicago Tribune

Quick guide to economic buzzwords
Chicago Tribune, United States - Feb 23, 2008
Unfortunately, if you can't pay your mortgage, there's a good chance you will have trouble repaying other debt, such as credit card and auto loans.

Quote Comparisons: The Key to Getting a Good Deal out of a Bad … - American Chronicle

Quote Comparisons: The Key to Getting a Good Deal out of a Bad
American Chronicle, CA - Feb 22, 2008
Bad credit auto loans should help people rebuild their credit. Since auto loans are almost always secured, they are very easy to qualify for,

Driving in the Slow Pay Lane - The State

Driving in the Slow Pay Lane
The State, SC - 20 hours ago
Auto loans 30 days or more overdue made through dealers or third parties increased to a 16-year high at 2.86 percent in the third quarter of 2007.

Fraser, Former UAW President, Dies at 91 - Chicago Tribune

Fraser, Former UAW President, Dies at 91
Chicago Tribune, United States - 2 hours ago
James Blanchard, who knew Fraser for more than 30 years and as a US House member worked with Fraser on the efforts to guarantee Chrysler's loans.

Buyers stretch car loans - DetNews.com

Buyers stretch car loans
DetNews.com, MI - Feb 22, 2008
Most automakers and finance firms offer 84-month auto loans, "and I've seen 108 months," said Tom Libby, senior director of industry analysis at Power

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Personal loans

Sunday, February 24th, 2008

Driving in the Slow Pay Lane - The State

Driving in the Slow Pay Lane
The State, SC - 20 hours ago
Auto loans 30 days or more overdue made through dealers or third parties increased to a 16-year high at 2.86 percent in the third quarter of 2007.

Buyers stretch car loans - DetNews.com

Buyers stretch car loans
DetNews.com, MI - Feb 22, 2008
Most automakers and finance firms offer 84-month auto loans, "and I've seen 108 months," said Tom Libby, senior director of industry analysis at Power

Quick guide to economic buzzwords - Chicago Tribune

Quick guide to economic buzzwords
Chicago Tribune, United States - Feb 23, 2008
Unfortunately, if you can't pay your mortgage, there's a good chance you will have trouble repaying other debt, such as credit card and auto loans.

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