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Archive for August, 2008

Bad credit

Saturday, August 23rd, 2008

HBOS Strengthens Personal Loans Pricing with Nomis Solutions - Introducer Today

HBOS Strengthens Personal Loans Pricing with Nomis Solutions
Introducer Today, UK - Aug 22, 2008
… which we’ve used to advance our pricing practices and process,” said Alex Park, senior manager, Pricing, Unsecured Personal Loans at HBOS. …

Loan swapping - Business Standard

Loan swapping
Business Standard, India - 10 hours ago
One of the biggest benefits of this kind of conversion is that the rate of interest will be much less on personal loans. As far as credit cards go, …

Become educated about personal loans - TransWorldNews (press release)

Become educated about personal loans
TransWorldNews (press release), GA - Aug 22, 2008
I will use my daughter and son in-law’s situation as an example to demonstrate a smart, logical use for an personal loan through an internet resource. …

Personal account: debt danger is felt by all - Telegraph.co.uk

ITV.com

Personal account: debt danger is felt by all
Telegraph.co.uk, United Kingdom - Aug 22, 2008
Worse still, they seem to be relying on some of the more expensive forms of debt because personal loans and credit cards are the easiest way to live on the …
Personal debt in UK exceeds GDP for second year Independent
UK on borrowed time guardian.co.uk
Growth of personal debt means it outstrips UK's total GDP Scotsman
The Press Association - Finance Markets
all 185 news articles

You Should Consider Bad Credit Personal Signature Loans - 3×24 - Your Newspaper and News Magazine

You Should Consider Bad Credit Personal Signature Loans
3×24 - Your Newspaper and News Magazine, Germany - 19 hours ago
Regardless of your personal credit history, you will in all probability be capable to qualify for a bad credit personal signature loan. …
Guaranteed Online Personal Loans May Be A Quick Fix Stress Relief 3×24 - Your Newspaper and News Magazine
Personnal Loans In the Uk for Bad Credit Rating 3×24 - Your Newspaper and News Magazine
Consolidation Debt Services Work For Those Who Need It Most 3×24 - Your Newspaper and News Magazine
3×24 - Your Newspaper and News Magazine
all 5 news articles

Unsecured Loans: Collateral No Longer Needed - Best Syndication

Best Syndication

Unsecured Loans: Collateral No Longer Needed
Best Syndication, CA - Aug 22, 2008
The term unsecured loans means that loans are given without the borrower having to pledge anything as collateral. In most of the loans the borrower asks the …

The next credit crisis timebomb could be the credit cards you carry - Telegraph.co.uk

Telegraph.co.uk

The next credit crisis timebomb could be the credit cards you carry
Telegraph.co.uk, United Kingdom - 4 hours ago
The Citizens Advice Bureau and the National Debtline have both experienced a surge in calls from people struggling with credit card debts and personal loans …
Comparison sites go sub-prime Times Online
all 2 news articles

Practical Guidelines on Retention Pricing for Mortgage Lenders - Introducer Today

Practical Guidelines on Retention Pricing for Mortgage Lenders
Introducer Today, UK - Aug 22, 2008
With recent figures from the Council of Mortgage Lenders identifying that 1.4 million loans are due to mature and potentially reset to the standard variable …

Rising personal loan rate costs £1.2bn - MyFinances.co.uk

MyFinances.co.uk

Rising personal loan rate costs £1.2bn
MyFinances.co.uk, UK - Aug 21, 2008
Findings from uSwitch.com show the best buy personal loan rates of January 2006 were at 5.5 per cent APR, while today they are at 7.4 per cent APR – based …

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Loans

Friday, August 22nd, 2008

Automakers, unions seeking billions in government loans - Detroit Free Press

Automakers, unions seeking billions in government loans
Detroit Free Press, United States - 4 hours ago
Automakers and their allies contend the new program isn’ta bailout, but the same kind of financial shelter from a global credit storm that the federal …

Payday Loans – Get Instant Money For Urgent Use - Best Syndication

Best Syndication

Payday Loans – Get Instant Money For Urgent Use
Best Syndication, CA - Aug 21, 2008
Tom Dikkin has done his masters in Finance from Oxford university and is currently assisting Bad Credit Payday Loans as a finance advisor. …

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Personal loans

Friday, August 22nd, 2008

Banks to make a killing on fertiliser loans - Economic Times

Reuters

Banks to make a killing on fertiliser loans
Economic Times, India - 2 hours ago
MUMBAI: State-owned banks led by State Bank of India (SBI) are set to make a killing on loans aggregating Rs 22000 crore, which they are disbursing to …
India Post-SBI tie up for financial inclusion Commodity Online
UPDATE 1-India's SBI says no employee backlash on mergers Reuters
On hold: Transactions of Rs 20000 cr in banks Ahmedabad Newsline
all 199 news articles

Some Fear Commercial Property Loans Will Be Next Stage in Downturn - New York Times

Some Fear Commercial Property Loans Will Be Next Stage in Downturn
New York Times, United States - 10 hours ago
By LOUISE STORY As the value of home mortgages crumbles by the day, Wall Street has hoped that commercial real estate loans would stay clear of the storm. …
Commercial-Mortgage Bond Spreads Soar on Harlem Loan (Update2) Bloomberg
Commercial mortgages: Next to collapse? BloggingStocks
all 12 news articles

Auto industry seeking $50B in loans from Congress - International Herald Tribune

Auto industry seeking $50B in loans from Congress
International Herald Tribune, France - 45 minutes ago
AP WASHINGTON: Automakers plan to urge Congress to support funding up to $50 billion in low-interest loans over three years to help them modernize their …
Automakers, unions seeking billions in government loans Detroit Free Press
Detroit Bailout? Los Angeles Times
UPDATE: McCain Backs Government Plan To Help US Auto Makers CNNMoney.com
Wall Street Journal - DetNews.com
all 54 news articles

FDIC's IndyMac Borrower Aid Is `Dangerous' for Bonds (Update2) - Bloomberg

Boston Globe

FDIC's IndyMac Borrower Aid Is `Dangerous' for Bonds (Update2)
Bloomberg - 3 hours ago
Investors in mortgage-backed securities may be worse off if enough loans default after they're modified because recoveries may be lower as home prices …
Feds to Lower Interest Rates on IndyMac Loans Bell Gardens Sun
FDIC Restructuring Some IndyMac Loans Washington Post
FDIC to Restructure IndyMac Loans TheStreet.com
Los Angeles Times - Motley Fool
all 302 news articles

US auto companies said to be seeking $50 billion in loans - International Herald Tribune

US auto companies said to be seeking $50 billion in loans
International Herald Tribune, France - 5 hours ago
SOUTHFIELD, Michigan: General Motors, Ford Motor, Chrysler and US auto-parts makers are seeking $50 billion in government-backed loans, double their initial …
US Auto Makers To Seek 'Well North Of' $25 Billion In Government Loans CNNMoney.com
all 12 news articles

Resource Capital Corp. Announces $47.1 Million in Loan Pay-Offs … - CNNMoney.com

Resource Capital Corp. Announces $47.1 Million in Loan Pay-Offs …
CNNMoney.com - 10 hours ago
(NYSE: RSO) (the "Company") announced that since June 30, 2008, the Company has received loan pay-offs and pay-downs of $47.1 million combined on its …

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Bad credit

Friday, August 22nd, 2008

Auto loans: Floating rate is in - Business Standard

Auto loans: Floating rate is in
Business Standard, India - Aug 19, 2008
For the customer, it will make a lot of sense to get into floating rate auto loans.” Expecting another rate hike in the coming six months, …

UAW blasts McCain for stand on auto loan - Detroit Free Press

UAW blasts McCain for stand on auto loan
Detroit Free Press, United States - Aug 19, 2008
… on Monday for opposing government loans for Detroit automakers, saying McCain "has slammed the door on any real support for the domestic auto industry. …

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Bad credit

Friday, August 22nd, 2008

Thanks to the Government, Student Loans Are a Better Bargain - U.S. News & World Report

Thanks to the Government, Student Loans Are a Better Bargain
U.S. News & World Report, DC - 19 hours ago
Parents who don't have bad credit can borrow the student's full cost of attendance (less financial aid) through the federal PLUS program, which charges a …

Dear FDIC: I Want a Better Mortgage, Too - Motley Fool

Dear FDIC: I Want a Better Mortgage, Too
Motley Fool - 20 hours ago
Clearly, there's plenty of incentive to make every effort to turn bad loans into good ones — or at least ones where homeowners can actually afford their …
FDIC to offer better terms on thousands of IndyMac mortgages MarketWatch
THE ASSOCIATED PRESS Newsday
FDIC to modify IndyMac loans Los Angeles Times
all 296 news articles

loans for people with bad credit - indiainteracts.com

loans for people with bad credit
indiainteracts.com, India - Aug 20, 2008
bad credit. borrowers can also give a regular job with bad credit cash loans don'"t require extensive paper work will only happen after the loan. …
home construction loans indiainteracts.com
all 2 news articles

Bad Credit Personal Loans: Money for Fulfilling Desires - Best Syndication

Best Syndication

Bad Credit Personal Loans: Money for Fulfilling Desires
Best Syndication, CA - 17 hours ago
People have a very general thought in the mind that bad credit creates poor reputation and thus lenders abstain from providing loan to such a person. …
Bad Credit Unsecured Loans: Monetary Assistance Without Any Hassles Best Syndication
Payday Loans – Get Instant Money For Urgent Use Best Syndication
Poor Credit Auto Loans: Designed for Poor Creditors to Buy Their … Best Syndication
Best Syndication - Best Syndication
all 12 news articles

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Loans

Thursday, August 21st, 2008

Dear FDIC: I Want a Better Mortgage, Too - Motley Fool

Twin Cities Finance and Commerce

Dear FDIC: I Want a Better Mortgage, Too
Motley Fool - 7 hours ago
Now this isn't the only case in which mortgage borrowers have seen their loans modified favorably. Since last year, mortgage lenders with high …
FDIC: New 3% mortgage rates for some IndyMac borrowers Los Angeles Times
Regulator to help IndyMac mortgage borrowers Reuters
Regulator acts to cut defaults at IndyMac Financial Times
Imperial Valley News - Washington Post
all 353 news articles

Scotland weathers downturn better but UK mortgage loans fall 46% - Scotsman

Scotland weathers downturn better but UK mortgage loans fall 46%
Scotsman, United Kingdom - 3 hours ago
By Jeff Salway THE number of loans for mortgages slumped by more than a third in the second quarter of the year, figures published yesterday revealed. …

Commercial-Mortgage Bond Spreads Soar on Harlem Loan (Update2) - Bloomberg

Commercial-Mortgage Bond Spreads Soar on Harlem Loan (Update2)
Bloomberg - 6 hours ago
The $776 billion commercial-mortgage bond market hasn't faced the same rate of late payments as debt tied to subprime home loans. …
Some Fear Commercial Property Loans Will Be Next Stage in Downturn New York Times
all 5 news articles

KBank advises homebuyers to act now - Bangkok Post

KBank advises homebuyers to act now
Bangkok Post, Thailand - 1 hour ago
Competition for mortgage loans in the second half is expected to be tougher than the first half due partly to seasonal factors. However, Mr Chatchai said …

MT Board of Housing has $ available for loans - KPAX-TV

MT Board of Housing has $ available for loans
KPAX-TV, MT - 1 hour ago
The Montana Board of Housing has $30 million available for mortgage loans for first time home buyers after re-instating its 2008 bond program. …

FDIC sets mortgage plan for IndyMac borrowers - The Associated Press

FDIC sets mortgage plan for IndyMac borrowers
The Associated Press - Aug 20, 2008
IndyMac Bancorp Inc., which was the holding company for IndyMac Bank, had been struggling to raise capital and manage losses from soured mortgage loans. …

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Bad credit

Thursday, August 21st, 2008

First Marblehead says loan volume falls - CNNMoney.com

First Marblehead says loan volume falls
CNNMoney.com - 2 hours ago
NEW YORK (Associated Press) - First Marblehead Corp., which packages student loans for sale to investors, said Thursday the volume of loans it had available …
First Marblehead Announces Full Year and Fourth Quarter Fiscal … MarketWatch
UPDATE 2-First Marblehead posts quarterly loss, shares fall Reuters
First Marblehead Slips to Loss in Q4 - Update RTT News
StreetInsider.com (subscription)
all 17 news articles

GSEs should focus on lower middle income loans: Fed's Stern - MarketWatch

HispanicBusiness.com

GSEs should focus on lower middle income loans: Fed's Stern
MarketWatch - Aug 20, 2008
He said a side benefit of his plan was that it would force Fannie (FNM: , , ) to shrink their loan portfolio. Stern said the change shouldn't happen until …
Fannie Mae Spurns New York Subprime Loans DSNews.com
Fannie Sounds a Warning After $2.3bn Quarterly Loss Buzzle
Prescriptions for Fannie and Freddie New York Times
100 Mortgages - The Associated Press
all 2,030 news articles

Fitch Ratings Affirms Gramercy Real Estate CDO 2005-1 - MarketWatch

Fitch Ratings Affirms Gramercy Real Estate CDO 2005-1
MarketWatch - 8 hours ago
As of the July 31, 2008 trustee report and per Fitch categorization, the CDO was substantially invested as follows: commercial mortgage whole loans and …

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Bad credit

Wednesday, August 20th, 2008

US MBA's Mortgage Applications Index Fell 1.5% (Update1) - Bloomberg

ABC News

US MBA's Mortgage Applications Index Fell 1.5% (Update1)
Bloomberg - 11 hours ago
About 75 percent of the officials indicated they tightened standards on prime mortgage loans, up from 60 percent in the April survey, the Fed said. …
Mortgage applications slide, even though interest rates drop USA Today
Ease in rates fails to spur home loan apps Inman.com (subscription)
US mortgage applications hit 8-year low Times Online
RTT News - RisMedia.com (press release)
all 215 news articles

Millennium Bankshares Reports Second Quarter and Six-Month Results - FOXBusiness

Millennium Bankshares Reports Second Quarter and Six-Month Results
FOXBusiness - 8 hours ago
Included in the charge-offs were 10 mortgage loans totaling $592000 that were in the process of foreclosure, $502000 for a land development project and …

FDIC sets mortgage plan for IndyMac borrowers - The Associated Press

FDIC sets mortgage plan for IndyMac borrowers
The Associated Press - 3 hours ago
IndyMac Bancorp Inc., which was the holding company for IndyMac Bank, had been struggling to raise capital and manage losses from soured mortgage loans. …

Regulator to help IndyMac mortgage borrowers - Reuters

100 Mortgages

Regulator to help IndyMac mortgage borrowers
Reuters - 4 hours ago
By Karey Wutkowski WASHINGTON (Reuters) - Thousands of homeowners with distressed mortgage loans linked to failed lender IndyMac may soon be able to avoid …
FDIC Implements Loan Modification Program for Distressed IndyMac … Imperial Valley News
IndyMac Borrowers Get Lifeline Wall Street Journal
FDIC Will Modify Mortgages for Some IndyMac Borrowers (Update2) Bloomberg
Newsday - CNNMoney.com
all 215 news articles

1st Reverse Financial Services Continues Wholesale Expansion With … - FOXBusiness

1st Reverse Financial Services Continues Wholesale Expansion With …
FOXBusiness - 8 hours ago
Some of the changes affecting reverse mortgage loans include the establishment of a new national lending limit, lower upfront costs to borrowers along with …

Fitch Rates Vermont HFA $30.3MM Multiple Purpose Bonds 2008 C-1 'AA' - MarketWatch

Fitch Rates Vermont HFA $30.3MM Multiple Purpose Bonds 2008 C-1 'AA'
MarketWatch - Aug 19, 2008
Mortgage loans pledged to the resolution in the future may include new or existing multifamily developments, but the agency reports that it expects to …
Fitch Upgrades 1 Class of GS Mortgage Securities Corp. II 1998-C1 Business Wire (press release)
Fitch Upgrades 3 Classes of Prudential, Series 1999-NRF1 Business Wire (press release)
Fitch Upgrades 4 Classes from CSFB 2003-C5 Business Wire (press release)
all 26 news articles

FirstFed Financial (NYSE: FED) NewsBite - FirstFed Cuts Exposure … - Market Intelligence Center

FirstFed Financial (NYSE: FED) NewsBite - FirstFed Cuts Exposure …
Market Intelligence Center, VA - 9 hours ago
… have been soaring after the bank reported that it has reduced its exposure to problematic adjustable-rate loans and mortgage-backed securities. …

FHA loans: The good, the bad and the eligible - Los Altos Town Crier

Los Altos Town Crier

FHA loans: The good, the bad and the eligible
Los Altos Town Crier, CA - Aug 19, 2008
FHA loans are typically the easiest type of mortgage loans to qualify for because there is not a minimum credit score needed for approval. …
Gov't-backed home loans triple CNNMoney.com
Government-Insured Share of Mortgage Applications for July Tripled … Originator Times
FHA Loans Triple In Last Year RTT News
Inman.com (subscription) - Housing Wire
all 15 news articles

How the Housing Law Affects Reverse Mortgages - U.S. News & World Report

The Southern Ledger

How the Housing Law Affects Reverse Mortgages
U.S. News & World Report, DC - Aug 18, 2008
Tapping home equity to finance your golden years is growing in popularity, with 107367 reverse-mortgage loans made in fiscal year 2007, up from 6600 loans …
5 key questions answered on housing relief act Arizona Republic
'Liars' to prolong crisis London Free Press
Fannie Mae, Freddie Mac and FHA, what are the differences? Examiner.com
Press & Sun-Bulletin
all 191 news articles

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Loans

Wednesday, August 20th, 2008

loans for people with bad credit - indiainteracts.com

loans for people with bad credit
indiainteracts.com, India - 10 hours ago
bad credit. borrowers can also give a regular job with bad credit cash loans don'"t require extensive paper work will only happen after the loan. …
home construction loans indiainteracts.com
all 2 news articles

No Credit Check Cash Advance Loans: Avoid Credit Check To Avail … - Best Syndication

Best Syndication

No Credit Check Cash Advance Loans: Avoid Credit Check To Avail …
Best Syndication, CA - Aug 19, 2008
The basic reason behind their leniency is that they deal in bad credit loans and financial services only; hence, they tailor every loan scheme in the …

FDIC to offer better terms on thousands of IndyMac mortgages - MarketWatch

100 Mortgages

FDIC to offer better terms on thousands of IndyMac mortgages
MarketWatch - 6 hours ago
W**, I knew I should have baught a 500k McMansion with a 3 percent teaser rate ARM, how are they moddifying these loans and with who's money, I assume there …
THE ASSOCIATED PRESS Newsday
all 215 news articles

Mortgage Solutions for Bad Credit Clients May Revitalize the Industry - MarketWatch

Mortgage Solutions for Bad Credit Clients May Revitalize the Industry
MarketWatch - 13 hours ago
Consumers with serious errors in their credit reports can be denied credit, home loans, apartment rentals, auto insurance, or even medical coverage and the …

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