IRS, Trying to Ease Credit, Alters Rules on Some Loans - New York Times

IRS, Trying to Ease Credit, Alters Rules on Some Loans New York Times, United States - 57 minutes ago That money could help combat a core problem of the credit crisis: the reluctance by banks to give companies the short-term loans needed for daily business. …

Credit squeeze: SBA loans drop 30% - CNNMoney.com

Credit squeeze: SBA loans drop 30% CNNMoney.com - 3 hours ago (CNNMoney.com) — A growing number of businesses are struggling to land loans through the Small Business Administration's flagship lending program. … Buffalo SBA loans keep plummeting Bizjournals.com SBA Stands Ready to Assist Illinois Residents Affected by Severe … MarketWatch SBA lending declines in Minnesota Bizjournals.com all 15 news articles

Schumer seeks temporary small-business loan program - Newsday

Wall Street Journal Blogs

Schumer seeks temporary small-business loan program Newsday, NY - 17 hours ago Charles Schumer yesterday called on the Bush administration to create a temporary small-business direct-loan program to serve as a bridge until funds kick … Sen. Schumer Asks Fed for Student Loan Protection WTEN Schumer Calls for Emergency Business Loans Inc.com Schumer urges US loans for small businesses Staten Island Advance - SILive.com WENY-TV - Wall Street Journal Blogs all 93 news articles

Auto loan delinquencies rise Tampa Bay Business Journal - Bizjournals.com

Auto loan delinquencies rise Tampa Bay Business Journal Bizjournals.com, NC - 6 hours ago It’s not just home loans that are going into default: Auto loan delinquencies also are on the rise. Nearly $25 billion in auto loans are past due, …

Rescue plan disappointment contributes to sell-off - The Associated Press

The Associated Press

Rescue plan disappointment contributes to sell-off The Associated Press - 2 hours ago Banks and other financial companies that made these home loans then resold them. Many were packaged into Wall Street securities and sold to investors. … Markets Down Sharply NPR Stock markets’ plunge puts pressure on Fed to cut rates Christian Science Monitor Cut To 1%–Now! Forbes Globe and Mail - Bloomberg all 726 news articles

Lockhart says Freddie, Fannie may sell bad assets: report - MarketWatch

TopNews

Lockhart says Freddie, Fannie may sell bad assets: report MarketWatch - Oct 5, 2008 Fannie Mae, the nation's biggest underwriter of home mortgages, has been under increasing pressure from the Clinton Administration to expand mortgage loans … Pressured to Take More Risk, Fannie Reached Tipping Point New York Times Many pieces go flying from mortgage implosion Dallas Morning News JOHN MCCAIN, BARACK OBAMA National Review Online The UTD Mercury - AHN all 159 news articles

Deal could benefit homeowners with Countrywide loans - Houston Chronicle

KCBS

Deal could benefit homeowners with Countrywide loans Houston Chronicle, United States - 5 hours ago The deal will allow eligible homeowners to modify terms of their loans to make monthly mortgage payments more affordable. The loan modification program … Countrywide Loans Bite BAC Again Forbes BofA in $8.6 bln settlement over Countrywide loans Reuters Countrywide to Set Aside $8.4 Billion in Loan Aid New York Times Los Angeles Times - Reuters all 1,138 news articles

FHA Will Take on Subprime Loans Shunned by Lenders (Update2) - Bloomberg

ABC News

FHA Will Take on Subprime Loans Shunned by Lenders (Update2) Bloomberg - 4 hours ago The Congressional Budget Office estimates that 400000 households will get FHA- insured loans and about one-third of those will fall behind again on their … Federal bailout lacks control of home loans to aid owners Boston Globe How much foreclosure relief will homeowners get from bailout plan? Los Angeles Times Bailout skips strapped homeowners, advocates say San Jose Mercury News Boomers-Bank - Seeking Alpha all 506 news articles

United Community Banks, Inc. Announces Increase in Provision and … - MarketWatch

United Community Banks, Inc. Announces Increase in Provision and … MarketWatch - 15 hours ago announced today that it has increased its allowance for loan losses to 1.91 percent of total loans due to continued credit deterioration in the residential … United Community Banks reports $40M loss Atlanta Journal Constitution UPDATE 1-United Community Banks sees big Q3 loss Reuters United Community Banks, Inc. Announces Increase in Provision and … International Business Times RTT News - Knoxville News Sentinel all 27 news articles

McCain: Obama Called Subprime Loans a ‘Good Idea’ - ABC News

Indecision 2008 (satire)

McCain: Obama Called Subprime Loans a ‘Good Idea’ ABC News - 6 hours ago Barack Obama, D-Ill., as an advocate of subprime loans. "As recently as September of last year (Obama) said that subprime loans had been, quote, … Fact Check: Did McCain intervene on behalf of Charles Keating? CNN Political Ticker Sharp Words from McCain for Obama in NM Washington Post Political Punch ABC News all 66 news articles

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