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Archive for July, 2008

Loans

Saturday, July 26th, 2008

Weststar Financial Services Corporation Reports Exceptional Growth … - FOXBusiness


Business Line
Weststar Financial Services Corporation Reports Exceptional Growth
FOXBusiness - 5 hours ago
Asset growth was primarily realized in loans, which increased 20% to $148.3 million. At June 30, 2008, the Company's allowance for loan losses represented
Community Bank Shares of Indiana, Inc. Reports 2nd Quarter FOXBusiness
Camco Financial Announces Second Quarter 2008 Earnings FOXBusiness
HopFed Bancorp Reports Second Quarter Results FOXBusiness
FOXBusiness - FOXBusiness
all 1,487 news articles

US Senate Approves Historic Housing Bill To Rescue Debt-Ridden … - AHN


NewsHour
US Senate Approves Historic Housing Bill To Rescue Debt-Ridden
AHN - 1 hour ago
Fannie Mae and Freddie Mac, which support $5 trillion in home loans out $12 trillion in total, were trading at about $60 a year ago.
US housing bill clears test, foreclosure halt asked Reuters South Africa
Senate Passes Housing Rescue Bill TheStreet.com
Housing Bill Pros and Cons, Bush to Sign It After Senate Vote InjuryBoard.com
TransWorldNews (press release) - Southern Maryland Online
all 572 news articles

Seacoast Commerce Bank Announces 2nd Quarter Results and Record Growth - FOXBusiness

Seacoast Commerce Bank Announces 2nd Quarter Results and Record Growth
FOXBusiness - 5 hours ago
Loans grew 39% to a record $64.7 million, compared to loans of $46.7 million as of June 30, 2007, with 3.1% growth over first quarter numbers,
Heritage tallies scandal's impact San Jose Mercury News
Heritage Commerce Corp Reports Second Quarter Results FOXBusiness
all 20 news articles

SBA Urges Private Non-Profit Organizations to Apply for Disaster … - FOXBusiness

SBA Urges Private Non-Profit Organizations to Apply for Disaster
FOXBusiness - 5 hours ago
These loans are available as a result of the Presidential Disaster Declaration for Public Assistance resulting from damages caused by severe storms and
SBA Economic Injury Disaster Loans Available to Wisconsin Businesses Wisbusiness.com
FEMA center packs up after helping victims Burlington Hawk Eye
Disaster Loan Operations Center opening Monday Quad-Cities Online
StreetInsider.com (subscription) - FOXBusiness
all 37 news articles

Problem loans a drag on area banks' results - Los Angeles Times

Problem loans a drag on area banks' results
Los Angeles Times, CA - Jul 25, 2008
By E. Scott Reckard, Los Angeles Times Staff Writer Losses on housing-related loans socked Pasadena's East West Bancorp with an unexpectedly large
Ohio-centred National City posts Q2 loss of $1.8B as loan loss The Canadian Press
National City has $1.76 bln loss on loan write-offs guardian.co.uk
National City posts $1.8B loss for 2nd quarter The Associated Press
Bizjournals.com - MarketWatch
all 288 news articles

Prineville Bancorp Second Quarter Earnings Report - FOXBusiness

Prineville Bancorp Second Quarter Earnings Report
FOXBusiness - 5 hours ago
Allowance for Loan and Lease Losses (ALLL) increased to $2.4 million or 1.4% of outstanding loans. — Bank capital ratios remain above regulatory standards
Real estate woes make First State cautious Sarasota Herald-Tribune
'Perfect storm' and rules changes slam First State's Q2 numbers Bizjournals.com
all 21 news articles

Loans lead to 2Q loss for Integra Bank - Bizjournals.com

Loans lead to 2Q loss for Integra Bank
Bizjournals.com, NC - Jul 25, 2008
Integra Bank Corp. fell into the red for the second quarter, the result of a badly performing loan portfolio. The Evansville, Ind., bank, which has branches

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Personal loans

Saturday, July 26th, 2008

Capstead Mortgage Corporation Announces Second Quarter 2008 Earnings - FOXBusiness

Capstead Mortgage Corporation Announces Second Quarter 2008 Earnings
FOXBusiness - 23 hours ago
Mortgage securities classified as held-to-maturity with a cost basis of $16.1 million and investments in unsecuritized loans with a cost basis of $59.4

The Last Straw for Suffering Homeowners - Motley Fool


CNN
The Last Straw for Suffering Homeowners
Motley Fool - Jul 25, 2008
In a weak housing market, you'd think that reduced demand for mortgage loans should encourage lenders to lower rates to entice reluctant buyers to borrow.
Mortgage Rates Surged in Week TheStreet.com
A rise in mortgage rates Los Angeles Times
What It Takes to Get a Mortgage Now WFMJ
The Associated Press - Wall Street Journal
all 196 news articles

Pinnacle Bank Announces Q2 2008 Results - FOXBusiness

Pinnacle Bank Announces Q2 2008 Results
FOXBusiness - 5 hours ago
While some banks have been severely impacted by sub-prime and other mortgage loans, Pinnacle Bank does not own mortgage-backed securities nor do we make
Pinnacle Bank sees 78% boost in Q2 assets Bizjournals.com
all 19 news articles

National City posts $1.8B loss for 2nd quarter - The Associated Press


The Associated Press
National City posts $1.8B loss for 2nd quarter
The Associated Press - Jul 24, 2008
NEW YORK (AP) — Regional bank National City Corp. on Thursday reported a $1.76 billion loss for the second quarter, as mortgage loans soured and it took a
Ohio-centred National City posts Q2 loss of $1.8B as loan loss The Canadian Press
National City Reports Second Quarter 2008 Results MSN Money
National City loses $1.7 billion in quarter Oil City Derrick
MarketWatch - WTOL
all 288 news articles

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Loans

Friday, July 25th, 2008

Avea, Akbank launch 'Akbank Consumer Loan Campaign' - Telecom Paper (subscription)

Avea, Akbank launch 'Akbank Consumer Loan Campaign'
Telecom Paper (subscription), Netherlands - 14 hours ago
Government employees who have Avea public lines are offered the possibility to raise personal loans from Akbank in order to get TRY 50 discount on their

Examine The MFBI UK Retail Car Finance Market - MarketWatch

Examine The MFBI UK Retail Car Finance Market
MarketWatch - 13 hours ago
Trends in car finance; main methods of financing car purchase - savings, car dealer finance, personal loans, employer cash allowance, credit card cheques,

Fremont Investment & Loan Completes Sale of Its Deposits and … - MarketWatch

Fremont Investment & Loan Completes Sale of Its Deposits and
MarketWatch - 11 hours ago
its participation interest in previously sold commercial real estate loans, real and personal property, cash and certain other assets of the Bank.
California Republic Bank Achieves New Milestone - over $125 MarketWatch
all 27 news articles

‘Many Kalawatis whom Rahulji has not visited’ - Thaindian.com

‘Many Kalawatis whom Rahulji has not visited’
Thaindian.com, Thailand - 11 hours ago
On Dec 12, 2005, Kalawati’s husband sold cotton he harvested that rabi season, repaid personal loans from the proceeds, freed his wife’s ‘mangalsutra’

Build good credit, then house hunt - Los Angeles Times

Build good credit, then house hunt
Los Angeles Times, CA - 1 hour ago
So are installment loans, such as auto loans and personal loans. If you don't currently have a credit card or a loan, apply for a secured card.

News in brief - Daily News Egypt

News in brief
Daily News Egypt, Egypt - 8 hours ago
Citi has recently announced the reduction of its interest rate on personal loans by 7 percent as well as an increase in the loan amounts provided to

Bad Times: News Says UK’s Personal Debt Tops £1443bn - Debt Clinic


Debt Clinic
Bad Times: News Says UK’s Personal Debt Tops £1443bn
Debt Clinic, UK - 10 hours ago
Personal credit through motor and retail loans, overdrafts, unsecured personal loans and credit cards has increased to around £4900 per adult.

SANFORD, Fla., July 25, 2008 /PRNewswire-FirstCall via COMTEX … - MarketWatch


RTT News
SANFORD, Fla., July 25, 2008 /PRNewswire-FirstCall via COMTEX
MarketWatch - 6 hours ago
Total non-performing assets which includes non-accrual loans and foreclosed properties, increased from $57.9 million at March 31, 2008, to $69.0 million at
Cascade Financial Earns Second Quarter Profits of $3.6 Million, or FOXBusiness
SARASOTA, Fla., Jul 24, 2008 (PrimeNewswire via COMTEX) — First MarketWatch
First Merchants Corporation Announces 5.9 Percent Increase in MarketWatch
MarketWatch - MarketWatch
all 1,062 news articles

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Bad credit

Friday, July 25th, 2008

State shuts loan firm for alleged fraud - Chicago Tribune

State shuts loan firm for alleged fraud
Chicago Tribune, United States - 19 hours ago
14 loan applications falsely list the borrower worked for Advanced Auto Repair and inflated the borrower's income, according to the governor's office.

Southside Bancshares, Inc. Announces Record Earnings for the Three … - CNNMoney.com (press release)


RTT News
Southside Bancshares, Inc. Announces Record Earnings for the Three
CNNMoney.com (press release) - 5 hours ago
The increase in the yield on interest earning assets is reflective of the purchase of $63.0 million of high yield auto loans by SFG, the addition of
TIB Financial Corp. Reports Second Quarter Results MarketWatch
Independent Bank Corp. Records $1.9 Million, Non-Cash Securities FOXBusiness
Sovereign Bancorp, Inc. Announces Second Quarter 2008 Results MSN Money
MarketWatch - MarketWatch
all 1,062 news articles

Build good credit, then house hunt - Los Angeles Times

Build good credit, then house hunt
Los Angeles Times, CA - 1 hour ago
So are installment loans, such as auto loans and personal loans. If you don't currently have a credit card or a loan, apply for a secured card.

No Credit Check Auto Loans: Everyone Treated in Equal Fashion - Best Syndication


Best Syndication
No Credit Check Auto Loans: Everyone Treated in Equal Fashion
Best Syndication, CA - Jul 24, 2008
As the name suggests, no credit check auto loans, can be availed anyone with poor credit score and even those who have no credit score at all can also apply

used car online - Expos Montréal

used car online
Expos Montréal, Canada - 7 hours ago
Know a used car's history before buying with a FREE Record Check™. www.CARFAX.com. Auto Loans for Any Credit. Low rates and fast approval. Apply online in .

Low-interest loan plan for carmakers sparks petition in US House - Detroit Free Press

Low-interest loan plan for carmakers sparks petition in US House
Detroit Free Press, United States - 19 hours ago
BY JUSTIN HYDE • FREE PRESS WASHINGTON STAFF • July 25, 2008 WASHINGTON — Supporters of a $25-billion plan for low-interest loans for automakers and auto

Slowing US auto-finance market hits lenders - Financial Times


Earthtimes (press release)
Slowing US auto-finance market hits lenders
Financial Times, UK - 34 minutes ago
According to Mr Flanagan, auto loan related securitisations totalled $62bn for the full-year 2007 and issuance is running at $32bn so far this year.
Are Cars Loans The Next Problem? istockAnalyst.com
Chrysler to Stop Financing Auto Leases Smartmoney.com
Chrysler Says Lending Unit to End Auto Leases Aug. 1 (Update3) Bloomberg
Reuters - Financial Times
all 399 news articles

Science news straight from the oven - ScienceBlog.com

Science news straight from the oven
ScienceBlog.com, CA - 15 hours ago
When you go about securing a car loan the vehicle itself is used as the collateral on the car loan which is what makes the secured car loan itself. The auto

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Personal loans

Tuesday, July 22nd, 2008

Bank of Florida Corp.'s Strong Capital Level Continues to … - MarketWatch

Bank of Florida Corp.'s Strong Capital Level Continues to
MarketWatch - 22 hours ago
They are comprised of a loan secured by office property and personal residence in the process of being refinanced with another lender; a closed restaurant
First Financial Service Corporation Announces Quarterly Results FOXBusiness
UnionBanCal Corporation Q2 2008 Earnings Call Seeking Alpha
Mid Penn Bancorp, Inc. Reports Second Quarter Earnings MarketWatch
MarketWatch - MarketWatch
all 1,073 news articles

Do IMF loans lead to higher rates of tuberculosis? - Slate


Canada.com
Do IMF loans lead to higher rates of tuberculosis?
Slate - 3 hours ago
The expectation is that once inflation is in check, people's personal health will improve, despite the cutbacks, as their economies revive.
IMF funding 'fuelling TB deaths' BBC News
all 62 news articles

LendingTree Names New Lender Sales Team - MarketWatch

LendingTree Names New Lender Sales Team
MarketWatch - 7 hours ago
LendingTree provides access to mortgages and refinance loans, home equity loans/lines of credit, auto loans, personal loans and credit cards via

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Loans

Monday, July 21st, 2008

National Bank Financial Group Adjusts the Maximum Amortization of … - Market Wire (press release)

National Bank Financial Group Adjusts the Maximum Amortization of
Market Wire (press release) - 8 hours ago
2008) - National Bank Financial Group has announced that it is reducing the maximum amortization on new mortgage loans to 35 years effective immediately

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Loans

Monday, July 21st, 2008

All students to get loans - Daily Nation

All students to get loans
Daily Nation, Kenya - 49 minutes ago
This means self-sponsored students in both public and private universities can now apply for the loans. The undergraduate students will apply to the Higher
Helb increases loans offered to varsity students Business Daily Africa
Editorial: Loans boost welcome Business Daily Africa
all 3 news articles

Aveta Restructures Bank Loans - MarketWatch

Aveta Restructures Bank Loans
MarketWatch - 1 hour ago
NEW YORK, Jul 21, 2008 (PrimeNewswire via COMTEX) — Aveta Inc., a leader in Medicare Advantage with over 195000 members, today announced that the loan

GOVERNOR PATERSON ANNOUNCES COMMITMENT TO LOW-INTEREST STUDENT … - WBNG-TV


Capital News 9
GOVERNOR PATERSON ANNOUNCES COMMITMENT TO LOW-INTEREST STUDENT
WBNG-TV, NY - 3 hours ago
By WBNG News Governor David A. Paterson today announced his administration’s commitment to creating a low-cost student loan program - one of the key
NY governor backs low-interest student loans cbs4denver.com
Paterson backs plan for low-interest student loans WCAX
Paterson Set to Embrace Student Loan Plan New York Times
Triangle Business Journal - Newsday
all 37 news articles

Fed prohibits subprime 'liar's loans' - Seattle Post Intelligencer


ABC News
Fed prohibits subprime 'liar's loans'
Seattle Post Intelligencer - Jul 18, 2008
From 2003 until last year, stated-income loans were the big fad because they allowed borrowers to exaggerate their incomes without having to provide tax
Fed loan rules fall short of proper audience Daytona Beach News-Journal
Fed's war against shady home loans CNNMoney.com
Fed may update new mortgage rules: Kroszner Reuters
Telegraph.co.uk - Los Angeles Times
all 1,103 news articles

AP analysis: Third of Iowa businesses getting loans fail - Chicago Tribune

AP analysis: Third of Iowa businesses getting loans fail
Chicago Tribune, United States - 23 hours ago
By HENRY C. JACKSON | AP Writer DES MOINES, Iowa - Nearly a third of the small companies receiving grants and loans from a state program designed to boost
Sales of Southern California companies drop sharply Los Angeles Times
all 15 news articles

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Loans

Sunday, July 20th, 2008

Unsecured Bad Credit Loans - TransWorldNews (press release)

Unsecured Bad Credit Loans
TransWorldNews (press release), GA - 11 hours ago
However, due to intense competition, lenders are now taking risks by advancing loans to bad credit customers. These loans are known as bad credit loans.

Foreclosures ravage par