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Archive for October, 2008

Personal loans

Friday, October 31st, 2008

Georgia Bancshares, Inc. Reports Nine Months Results - MarketWatch


International Business Times
Georgia Bancshares, Inc. Reports Nine Months Results
MarketWatch - 3 hours ago
Loans grew 3.9% to $306.6 million at September 30, 2008 compared to $294.9 million at September 30, 2007. Regarding the challenges related to the downturn
FirstFed Reports Preliminary Results for the Third Quarter of 2008 MarketWatch
Appalachian Bancshares, Inc. Reports Third Quarter Results MarketWatch
Cape Fear Bank Corp. Reports 2008 Third Quarter Results MarketWatch
MarketWatch - MarketWatch
all 1,167 news articles

Banks Groan Under N300bn Failed Loans - THISDAY

Banks Groan Under N300bn Failed Loans
THISDAY, Nigeria - 15 hours ago
He also said those who actually utilised the loans had managed the funds poorly, admitting some had been gravely affected by the changing dynamics in the

Europe's Jolly Green Auto Loans - Wall Street Journal

Europe's Jolly Green Auto Loans
Wall Street Journal - 12 hours ago
Brussels describes the loans from the European Investment Bank as being necessitated by the financial crisis. The looming recession will no doubt hurt auto
EU mulls loans for green cars Financial Times
all 3 news articles

SF Fed chief wants more done on housing - San Francisco Chronicle


ABC News
SF Fed chief wants more done on housing
San Francisco Chronicle,  USA - 9 hours ago
She also said the central bank might cut its benchmark rate for overnight bank loans even lower than the current 1 percent but would not reduce it as low as
The Next Bailout: Helping Homeowners in Distress TIME
Rescuing homeowners Baltimore Sun
Op-Ed Contributor Mortgage Justice Is Blind New York Times
Reuters - Business Mirror
all 454 news articles

UPDATE 1-Mich. Gov. urges 'quick' federal loans to automakers - Reuters


StarPhoenix
UPDATE 1-Mich. Gov. urges 'quick' federal loans to automakers
Reuters - 19 hours ago
By Soyoung Kim DEARBORN, Mich., Oct 30 (Reuters) - US automakers need "quick loans" from the federal government beyond the $25 billion loan package already
Fed, Paulson Pressured to Assist Auto Industry or Face `Crash' Bloomberg
Govs push fed aid for Big 3 DetNews.com
Granholm, 5 other governors implore US for auto industry aid Detroit Free Press
Alibaba News Channel - Bloomberg
all 535 news articles

Losses lower, but bad loans double at Premier American Bank - Bizjournals.com

Losses lower, but bad loans double at Premier American Bank
Bizjournals.com, NC - 19 hours ago
The bank reported $48.2 million in loans that were 90 days or more past due, which makes up 14.38 percent of its loan portfolio as of Sept.
S. Fla. condo loans take toll on Corus Bank Bizjournals.com
Mercantil Commercebank past-due loans up 17.5% Bizjournals.com
Grand Bank & Trust 3Q income up 67% Bizjournals.com
all 17 news articles

Bank borrowing from Fed falls, business loans jump - Reuters


findingDulcinea
Bank borrowing from Fed falls, business loans jump
Reuters - 19 hours ago
Average daily borrowing at the discount window, which includes loans to banks, securities dealers, money market funds and insurer AIG (AIG.
Fed Adds $21 Billion to Loans for AIG New York Times
Fed extends $922 billion in special loans MarketWatch
US FED: NY Fed Loans $144.8 Bln For Commercial Paper Purchases Forbes
findingDulcinea - Reuters
all 103 news articles

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Personal loans

Friday, October 31st, 2008

Local businesses get $175000 in loans - Bizjournals.com

Local businesses get $175000 in loans
Bizjournals.com, NC - 2 hours ago
“These small businesses are the backbone of our local economy,” Mayor Jerry Abramson said. “These loans help business to expand and therefore help grow jobs
2 businesses get low-interest loans Louisville Courier-Journal
all 4 news articles

Mizuho Cuts Profit Forecast 55% on Rising Bad Loans (Update3) - Bloomberg


Boston Globe
Mizuho Cuts Profit Forecast 55% on Rising Bad Loans (Update3)
Bloomberg - 10 hours ago
“The dislocation in the global financial markets stemming from US subprime loan issues expanded further after the announcement of the previous earnings
Mitsubishi UFJ Cuts Profit Forecast 66% on Bad Loans (Update1) Bloomberg
Mizuho $7 Billion Loss Turned on Toxic Aardvark Made in America Bloomberg
all 640 news articles

UPDATE 1-Mich. Gov. urges 'quick' federal loans to automakers - Reuters


StarPhoenix
UPDATE 1-Mich. Gov. urges 'quick' federal loans to automakers
Reuters - 19 hours ago
By Soyoung Kim DEARBORN, Mich., Oct 30 (Reuters) - US automakers need "quick loans" from the federal government beyond the $25 billion loan package already
Fed, Paulson Pressured to Assist Auto Industry or Face `Crash' Bloomberg
Govs push fed aid for Big 3 DetNews.com
Granholm, 5 other governors implore US for auto industry aid Detroit Free Press
Alibaba News Channel - Bloomberg
all 535 news articles

Naugatuck Valley Financial Corporation Reports Third Quarter Results - MarketWatch

Naugatuck Valley Financial Corporation Reports Third Quarter Results
MarketWatch - 2 hours ago
the parent company of Naugatuck Valley Savings and Loan (the "Bank"), announced net income of $495000, or $0.07 per share for the quarter ended September 30
Parke Bancorp, Inc. Announces Third Quarter Earnings SunHerald.com
Beverly National Corporation Announces Results for the Quarter and istockAnalyst.com (press release)
Sterling Bancorp Net Income Rises in 2008 Third Quarter MarketWatch
MarketWatch - MarketWatch
all 36 news articles

Will a Govt. Loan Modification Plan Work? - ABC News


ABC News
Will a Govt. Loan Modification Plan Work?
ABC News - 6 hours ago
Sheila Bair, chairwoman of the Federal Deposit Insurance Corporation, has touted the benefits of modifying loans for homeowners who have fallen behind on
Struggling IndyMac borrowers may be in the dark about offer to Los Angeles Times
SF Fed chief wants more done on housing San Francisco Chronicle
The Next Bailout: Helping Homeowners in Distress TIME
Baltimore Sun - New York Times
all 454 news articles

Georgia Bancshares, Inc. Reports Nine Months Results - MarketWatch


International Business Times
Georgia Bancshares, Inc. Reports Nine Months Results
MarketWatch - 3 hours ago
Loans grew 3.9% to $306.6 million at September 30, 2008 compared to $294.9 million at September 30, 2007. Regarding the challenges related to the downturn
FirstFed Reports Preliminary Results for the Third Quarter of 2008 MarketWatch
Appalachian Bancshares, Inc. Reports Third Quarter Results MarketWatch
Cape Fear Bank Corp. Reports 2008 Third Quarter Results MarketWatch
MarketWatch - MarketWatch
all 1,167 news articles

Losses lower, but bad loans double at Premier American Bank - Bizjournals.com

Losses lower, but bad loans double at Premier American Bank
Bizjournals.com, NC - 19 hours ago
But the bank’s past-due loan count has more than doubled. The bank reported $48.2 million in loans that were 90 days or more past due, which makes up 14.38
S. Fla. condo loans take toll on Corus Bank Bizjournals.com
Mercantil Commercebank past-due loans up 17.5% Bizjournals.com
Grand Bank & Trust 3Q income up 67% Bizjournals.com
all 17 news articles

Sources: Gov't prepares loan modification plan - The Associated Press


The Associated Press
Sources: Gov't prepares loan modification plan
The Associated Press - Oct 29, 2008
The plan could include loan modifications that would lower interest rates for a five-year period, according to two people briefed on the plan, who asked not
Protesters press for Fannie Mae loan changes Forbes
Protesters demand meeting with Fannie Mae CEO CNNMoney.com
all 203 news articles

Bank borrowing from Fed falls, business loans jump - Reuters


findingDulcinea
Bank borrowing from Fed falls, business loans jump
Reuters - 19 hours ago
Average daily borrowing at the discount window, which includes loans to banks, securities dealers, money market funds and insurer AIG (AIG.
Fed Adds $21 Billion to Loans for AIG New York Times
Fed extends $922 billion in special loans MarketWatch
US FED: NY Fed Loans $144.8 Bln For Commercial Paper Purchases Forbes
findingDulcinea - Reuters
all 103 news articles

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Bad credit

Thursday, October 30th, 2008

LNB Bancorp, Inc. Reports Improved Third Quarter Results - MarketWatch


International Business Times
LNB Bancorp, Inc. Reports Improved Third Quarter Results
MarketWatch - 8 hours ago
In terms of asset quality, the allowance for loan losses at September 30, 2008 was $11355000 or 1.43 percent of outstanding loans, due in part to the
BOCHK Announces Financial Data for the Third Quarter IBTimes Hong Kong
Jefferson Bancshares, Inc. Announces Earnings for the Quarter CNNMoney.com (press release)
Signature Bank Q3 Profit Declines - Update RTT News
MarketWatch - MarketWatch
all 1,240 news articles

DU alumnus held for forging papers - Times of India

DU alumnus held for forging papers
Times of India, India - 13 minutes ago
On the basis of the forged documents he furnished, customers were able to take personal loans from private banks. "We have unearthed 30 bank accounts which

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Loans

Thursday, October 30th, 2008

Bank of Communications Profit Growth Slows on Economy (Update2) - Bloomberg


Maktoob Business (press release)
Bank of Communications Profit Growth Slows on Economy (Update2)
Bloomberg - 6 hours ago
“BoCom is more vulnerable to economic slowdown as it lends more to the manufacturing sector, from which we might see a surge in bad loans,'' Bonnie Lai,
BOC makes 5.7b yuan provision for bad debts South China Morning Post (subscription)
all 125 news articles

A Bad Deal For Credit Card Users - Forbes

A Bad Deal For Credit Card Users
Forbes, NY - 15 minutes ago
If you don't like the terms on your credit card, too bad–you're stuck. In addition, with fewer sources of revenue, card issuers would pare back special

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Loans

Thursday, October 30th, 2008

Bank of Communications Profit Growth Slows on Economy (Update2) - Bloomberg


Maktoob Business (press release)
Bank of Communications Profit Growth Slows on Economy (Update2)
Bloomberg - 6 hours ago
“BoCom is more vulnerable to economic slowdown as it lends more to the manufacturing sector, from which we might see a surge in bad loans,'' Bonnie Lai,
BOC makes 5.7b yuan provision for bad debts South China Morning Post (subscription)
all 125 news articles

Bad debts of Vietnamese credit institutions expected to rise to … - Xinhua

Bad debts of Vietnamese credit institutions expected to rise to
Xinhua, China - 11 hours ago
According to the report, bad debts are mainly from unpaid loans of the poor and ineffective operation of enterprises and loans given to real estate traders

S.Korea KB Fin Q3 net misses fcast on bad loans - Reuters


Reuters
S.Korea KB Fin Q3 net misses fcast on bad loans
Reuters - 11 hours ago
Banks in South Korea, with their large short-term foreign borrowing, have looked vulnerable to the global credit crunch as they struggle to access funding,
RPT-PREVIEW-Korea bank, broker earnings seen mixed on debt woes Reuters
all 73 news articles

• Credit remains tight as bank earnings stay low - MLive.com

Credit remains tight as bank earnings stay low
MLive.com, MI - 5 hours ago
Access to credit has become a major issue for businesses amid the nation's financial turmoil as banks preserve capital and work through bad loans to improve

GM's finance arm seeks to become bank - Economic Times

GM's finance arm seeks to become bank
Economic Times, India - 48 minutes ago
short-term loans from the Federal Reserve and could be able to sell some of its bad loans to the government under a rescue plan approved earlier this
GMAC moves to convert to a bank holding company Los Angeles Times
GM could have case for aid: experts Reuters
Saving the Auto Industry: The Gush-Up Proposal Seeking Alpha
MotorTrend Magazine - Los Angeles Times
all 220 news articles

Bad Credit Loan, loans with bad credit - JST Financial Ltd.

Bad Credit Loan, loans with bad credit
JST Financial Ltd., UK - 6 hours ago
A bad credit loan – also known as a sub-prime, or non-conforming loan – is a loan made available to consumers who for one reason or another are unable to
Unsecured Personal Loans JST Financial Ltd.
all 2 news articles

The Next Bailout: Help for Homeowners in Distress - TIME


Vancouver Sun
The Next Bailout: Help for Homeowners in Distress
TIME - 3 hours ago
A rapid and nearly unprecedented rise in bad home loans that began in 2007 triggered the credit crisis and has caused the failure of hundreds of banks and
3rd-Quarter Overview: Bailouts, Buyouts, Credit Crunch State Journal
What Is the Credit Crisis? Gather.com
A Safety Net for Bubble Buyers: Rescuing Homeowners From AScribe (press release)
RGE Monitor - InjuryBoard.com
all 419 news articles

Peeking Under the Kimono: A Big Banker Speaks Out - New York Times


BBC News
Peeking Under the Kimono: A Big Banker Speaks Out
New York Times, United States - 59 minutes ago
Thus, very credit-worthy businesses are having their lines cut back or closed down. Not only are banks not making new loans, they are systematically
In a nation of shopkeepers, small businesses demand help International Herald Tribune
all 229 news articles

Consumers Feel the Next Crisis: It’s Credit Cards - New York Times


Media Channel
Consumers Feel the Next Crisis: It’s Credit Cards
New York Times, United States - Oct 29, 2008
Lenders wrote off an estimated $21 billion in bad credit card loans in the first half of 2008 as more borrowers defaulted on their payments.
Banks to clamp down on credit card holders Detroit Free Press
House of Cards Media Channel
Credit Cards To Be The Basis Of Next American Crisis AHN
WRAL.com
all 54 news articles

A Bad Deal For Credit Card Users - Forbes

A Bad Deal For Credit Card Users
Forbes, NY - 15 minutes ago
If you don't like the terms on your credit card, too bad–you're stuck. In addition, with fewer sources of revenue, card issuers would pare back special

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Bad credit

Thursday, October 30th, 2008

Subprime auto loan securities delinquencies soar - BusinessWeek

Subprime auto loan securities delinquencies soar
BusinessWeek - Oct 28, 2008
Fitch Ratings said Tuesday that delinquencies on securities backed by subprime auto loans hit an 11-year high last month as consumer debt levels climbed in
Fitch: US Prime Auto ABS Delinquencies Stable; Subprime Jumps to MarketWatch
Subprime auto ABS delinquencies hit 11-year high Reuters
all 12 news articles

US motor industry: The great breakdown - Independent


ABC News
US motor industry: The great breakdown
Independent, UK - Oct 28, 2008
With credit markets frozen, the auto loans that attract buyers are hard to come by. GMAC, General Motors' financing arm, announced yesterday it would stop
US carmakers' lobby driven by 'too big to fail' rationale Irish Independent
UPDATE 3-US Treasury working on aid for GM, Chrysler merger Reuters
The end of the road for US carmakers? Los Angeles Times
BusinessWeek - AHN
all 344 news articles

TIB Financial Corp. Reports Third Quarter Results - istockAnalyst.com (press release)


International Business Times
TIB Financial Corp. Reports Third Quarter Results
istockAnalyst.com (press release), OR - Oct 29, 2008
Our indirect auto loan portfolio declined $7.6 million during the quarter to $91.6 million, or 7% of total loans. Non-performing loans in this business
Financial Institutions, Inc. Announces Third Quarter Results MarketWatch
First BanCorp Reports Earnings for the Quarter Ended September 30 CNNMoney.com (press release)
Cape Bancorp, Inc. Reports Third Quarter 2008 Results International Business Times
Seeking Alpha - MarketWatch
all 1,288 news articles

Recent Survey Reveals Consumers' Auto Financing Perceptions - PR Newswire (press release)


MLive.com
Recent Survey Reveals Consumers' Auto Financing Perceptions
PR Newswire (press release), NY - 3 hours ago
The survey, which measured consumers' auto financing knowledge and experience, also found that many borrowers facing difficult financial circumstances are
Groups seek credit card debt forgiveness BusinessWeek
all 156 news articles

Big Three: Bail us out, too! Detroit wants fed cash to stay on road - New York Daily News


Boston Globe
Big Three: Bail us out, too! Detroit wants fed cash to stay on road
New York Daily News, NY - Oct 28, 2008
Because the car companies have subsidiaries that give out auto loans, they may even qualify for a piece of the $700 billion credit market bailout passed
Automakers seek govt aid beyond bailout and loans The Associated Press
White House Explores Aid for Auto Deal New York Times
Car-Financing Arms May Get Piece of TARP, White House Says Wall Street Journal Blogs
CNNMoney.com - MarketWatch
all 279 news articles

GMAC moves to convert to a bank holding company - Los Angeles Times

GMAC moves to convert to a bank holding company
Los Angeles Times, CA - 12 hours ago
Unlike other auto lending arms, GMAC originated mortgages as well as auto loans, which have weighed heavily on its financial performance.
GMAC curtails auto financing Reuters
UPDATE: GMAC Ceases Auto Loans, Leases In Parts of Europe CNNMoney.com
GM's finance arm seeks to become bank Economic Times
Wall Street Journal - The Oregonian - OregonLive.com
all 220 news articles

Auto-Loan Companies (ACF, UPFC, CPSS) Stare Into The Abyss - Contrarian Profits

Auto-Loan Companies (ACF, UPFC, CPSS) Stare Into The Abyss
Contrarian Profits, Argentina - 22 hours ago
Companies in the auto-loan business are battling hard to keep their heads above water. Andrew Snyder says small firms like AmeriCredit (NYSE:ACF),

SECTOR SERVICE: New loans pave the way for Egypt’s potential borrowers - Daily News Egypt

SECTOR SERVICE: New loans pave the way for Egypt’s potential borrowers
Daily News Egypt, Egypt - 7 hours ago
The Arab African International Bank (AAIB), for example, has teamed up with Abou Ghali Automotive to provide competitive auto loans with plenty of benefits.

GMAC Unit Ends Auto Loans in Seven European Countries (Update2) - Bloomberg

GMAC Unit Ends Auto Loans in Seven European Countries (Update2)
Bloomberg - Oct 28, 2008
The company also said this month it will limit auto loans in the US to borrowers with credit scores of at least 700, making it harder for some customers to
GMAC FINANCIAL: No car loans in 7 nations St. Louis Post-Dispatch
GMAC to stop financing in several European markets MarketWatch
GMAC to cease operations in some European companies MLive.com
Automotive World (subscription) - MarketWatch
all 65 news articles

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Loans

Wednesday, October 29th, 2008

RLPC-Barclays auctioning $970 mln in loans to close trades - Reuters

RLPC-Barclays auctioning $970 mln in loans to close trades
Reuters - 23 hours ago
L: Quote, Profile, Research, Stock Buzz), is selling a $970 million portfolio of loans on Tuesday to close out trades as part of a dispute between the bank
UPDATE:Barclays Debt Auction Gets Bids On 75% Of Assets:Source CNNMoney.com
Barclays Capital loan sale finds few buyers Financial News
3rd UPDATE: Barclays To Auction $970 Million In Debt Assets Tuesday FXstreet.com The Foreign Exchange Market
all 10 news articles

Good credit? Home loans no longer a sure thing - USA Today


Washington Post
Good credit? Home loans no longer a sure thing
USA Today - Oct 28, 2008
This is the new, dynamic landscape of mortgage lending today — a world in which even those with good credit are having trouble getting mortgages or the loan
Loan Giants' Takeover Hasn't Paid Off Washington Post
Fannie, Freddie Mortgage-Bond Spreads Hit Widest Since March Bloomberg
Let's Use Fannie to Clean Up the Mess It Made Wall Street Journal
AHN - Long Beach Press-Telegram
all 123 news articles

Citigroup, Credit Suisse Link Loans to Swaps in Shift (Update1) - Bloomberg

Citigroup, Credit Suisse Link Loans to Swaps in Shift (Update1)
Bloomberg - 2 hours ago
By Pierre Paulden and Caroline Hyde Oct. 29 (Bloomberg) — Citigroup Inc. and Credit Suisse Group AG are among banks tying corporate loan rates to credit-

Struggling automakers, government officials talk about expediting … - USA Today


ABC News
Struggling automakers, government officials talk about expediting
USA Today - 12 hours ago
To get the cash out quickly, the administration is considering streamlining the process, says this person, and front-loading the loans so automakers get
Why Do GM and Chrysler Need Uncle Sam's Help? MSNBC
US motor industry: The great breakdown Independent
GM May Get Loan for Chrysler Deal Wall Street Journal
Reuters - Detroit Free Press
all 365 news articles

GMAC Unit Ends Auto Loans in Seven European Countries (Update2) - Bloomberg

GMAC Unit Ends Auto Loans in Seven European Countries (Update2)
Bloomberg - 18 hours ago
By Ari Levy Oct. 28 (Bloomberg) — GMAC LLC, the money losing home-loan and auto finance lender, will halt new vehicle loans through its financial services
GMAC stops lending in 7 European countries International Herald Tribune
GMAC to cease operations in some European companies MLive.com
GMAC to stop financing in several European markets MarketWatch
Automotive World (subscription) - RTT News
all 64 news articles

SBA Disaster Loans Available Following Secretary of Agriculture … - MarketWatch

SBA Disaster Loans Available Following Secretary of Agriculture
MarketWatch - 43 minutes ago
ATLANTA, Oct 29, 2008 (BUSINESS WIRE) — The US Small Business Administration announces today that federal economic injury disaster loans are available to
Schumer unveils $700M small-business stimulus plan Newsday
Low-Interest Disaster Loans Offered by SBA Desastres.org
SBA's Deadline for Physical Damage Disaster Loan Applications Is FOXBusiness
MLive.com - Arizona Republic
all 42 news articles

General Growth reveals improper loans and replaces two top executives - Los Angeles Times

General Growth reveals improper loans and replaces two top executives
Los Angeles Times, CA - Oct 28, 2008
General Growth said it the board recently discovered that an affiliate of a Bucksbaum family trust made unsecured loans to President Robert A. Michaels and
General Growth Chief Exits Wall Street Journal Blogs
General Growth Properties replaces CEO Bizjournals.com
General Growth Folds On Vegas Hand Forbes
Bloomberg - Appleton Post Crescent
all 133 news articles

Sumitomo Mitsui Cuts Forecast 63 Percent on Bad Loans (Update1) - Bloomberg


China Daily
Sumitomo Mitsui Cuts Forecast 63 Percent on Bad Loans (Update1)
Bloomberg - 5 hours ago
Bad-loan costs more than doubled to 220 billion yen in the six months through September as Lehman Brothers Holdings Inc. collapsed and bankruptcies surged
TOPWRAP 3-Japan grapples with yen, crisis grips Indonesia Forbes
all 426 news articles

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Bad credit

Tuesday, October 28th, 2008

UPDATE 4-US should not aim to save carmakers-McCain adviser - Reuters

UPDATE 4-US should not aim to save carmakers-McCain adviser
Reuters - 17 hours ago
N: Quote, Profile, Research, Stock Buzz) and Chrysler [CBS.UL], through direct capital or purchases of auto loans. Continued…
Straight talk about auto bailouts MLive.com
John McCain Campaign: Obama Is a Big Spender, but… U.S. News & World Report
McCain: Fund projects before giving more auto aid Chicago Tribune
U.S. News Rankings & Reviews - Reuters
all 65 news articles

Subprime auto loan securities delinquencies soar - BusinessWeek

Subprime auto loan securities delinquencies soar
BusinessWeek - 6 hours ago
Fitch Ratings said Tuesday that delinquencies on securities backed by subprime auto loans hit an 11-year high last month as consumer debt levels climbed in
Fitch: US Prime Auto ABS Delinquencies Stable; Subprime Jumps to MarketWatch
Subprime auto ABS delinquencies hit 11-year high Reuters
all 12 news articles

GMAC Says Fed Grants Access to Commercial-Paper Plan (Update3) - Bloomberg


Reuters
GMAC Says Fed Grants Access to Commercial-Paper Plan (Update3)
Bloomberg - 28 minutes ago
New Center Asset Trust purchases highly rated securities backed by auto loans and other assets from GMAC units, financing its activities by issuing
Fed Spurs Record Surge in Longer-Term Commercial Paper Issuance Bloomberg
US Commercial Paper Rates Rise as Fed Starts Buying the Debt Bloomberg
all 632 news articles

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Loans

Tuesday, October 28th, 2008

FHLBank Cincinnati Announces Third Quarter 2008 Results - MarketWatch

FHLBank Cincinnati Announces Third Quarter 2008 Results
MarketWatch - 20 hours ago
We continued to have limited credit risk exposure from offering secured loans to members (Advances), purchasing mortgage loans, making investments,

Good credit? Home loans no longer a sure thing - USA Today

Good credit? Home loans no longer a sure thing
USA Today - 6 hours ago
For the week ended Oct. 22, ARMs were down to 2.6%, meaning 97% of mortgage applications are now for fixed-rate loans. Some buyers are finding that the bank
Fannie, Freddie Mortgage-Bond Spreads Hit Widest Since March Bloomberg
Politics a big player in creating the financial crisis Columbia Daily Tribune
Fannie Mae or JPMorgan? Agency investors recalibrate Reuters UK
all 6 news articles

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Personal loans

Tuesday, October 28th, 2008

World Bank sees Turk banks' bad loans rising - guardian.co.uk

World Bank sees Turk banks' bad loans rising
guardian.co.uk, UK - 2 hours ago
"As the credit crunch affects the private sector in Turkey, corporate businesses and especially small- and medium-sized businesses, we would expect

INTERVIEW-World Bank expects Turk banks' bad loans to rise - Forbes

INTERVIEW-World Bank expects Turk banks' bad loans to rise
Forbes, NY - 2 hours ago
ANKARA, Oct 28 (Reuters) - The World Bank expects Turkish banks' non-performing loans to rise from 3.5 percent now as the global credit crunch is reflected

Shopping for the best loan when you have damaged credit - Thrifty Scot

Shopping for the best loan when you have damaged credit
Thrifty Scot, UK - Oct 27, 2008
You can shop around for a suitable bad credit loan with convenience and speed using the Internet, as many providers of bad credit loans operate via the

Good credit? Home loans no longer a sure thing - USA Today

Good credit? Home loans no longer a sure thing
USA Today - 6 hours ago
This is the new, dynamic landscape of mortgage lending today — a world in which even those with good credit are having trouble getting mortgages or the loan
Politics a big player in creating the financial crisis Columbia Daily Tribune
all 6 news articles

GOP candidates propose loan program for small businesses … - Press of Atlantic City

GOP candidates propose loan program for small businesses
Press of Atlantic City, NJ - 6 hours ago
He said he didn't think the tax credit for volunteer firefighters and EMTs was a bad idea, but he would have to check the finances and logistics before
GOP calls summit 'election eve stunt' Vineland Daily Journal
all 13 news articles

SBI: won’t high rate of advances lead to more bad loans? - Livemint


Calcutta Telegraph
SBI: won’t high rate of advances lead to more bad loans?
Livemint, India - 20 hours ago
Fears about bad loans, however, didn’t prevent SBI from increasing its outstanding advances by 37% year-on-year. During the September quarter,
SBI Q2 net grows 10.5% Business Standard
all 39 news articles

Anger at 222% Christmas credit card - Independent

Anger at 222% Christmas credit card
Independent, UK - 14 hours ago
By Jerome Taylor Major high-street retailers are targeting poor families with bad credit records to prop up their Christmas sales during the credit crisis.

UK Top 10 For 'Poor Credit Loans' - PR Web (press release)

UK Top 10 For 'Poor Credit Loans'
PR Web (press release), WA - Oct 26, 2008
London and Birmingham top a league table of demand for 'bad credit loans', according to a new report from unsecured loans specialist Credit Problems No

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