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Auto loan picture grim - Los Angeles Times Blogs

Getting Auto Loans After Bankruptcy
Best Syndication, CA - 15 hours ago
When told by an auto dealer that you will be a good candidate for a sub-prime loan, make sure to do your homework before committing to any auto loan. …

ABC News

Auto loan picture grim
Los Angeles Times Blogs, CA - Oct 22, 2008
The soon-to-be unit of Wells Fargo & Co. reported that 2.89% of its $27.5-billion auto-loan portfolio was delinquent by 30 or more days, up about half a …
Wachovia reports $23.9-billion third-quarter loss Los Angeles Times
Wells Fargo Chairman Prefers US Plan to Buy Stakes (Update2) Bloomberg
Wachovia Reports $23.9 Billion Loss for Third Quarter New York Times
Seeking Alpha - DesMoinesRegister.com
all 1,330 news articles

Maruti Profit Declines as Rates Hurt India Car Sales (Update3) - Bloomberg

Maruti Profit Declines as Rates Hurt India Car Sales (Update3)
Bloomberg - 1 hour ago
Higher auto-loan rates and the falling Bombay stock index, set for its first annual decline in seven years, are hurting car demand in India. …

Veteran will head auto loan program - DetNews.com

Veteran will head auto loan program
DetNews.com, MI - 1 hour ago
WASHINGTON — A senior US Treasury official has been named to head the Energy Department's $25 billion loan program for automakers and auto suppliers. …

Online Auto Loans - Must Know Tips When Looking For Online Loans - Best Syndication

Berkshire Hills Reports Increased Earnings and EPS for the Third … - MarketWatch

Online Auto Loans - Must Know Tips When Looking For Online Loans
Best Syndication, CA - Oct 22, 2008
Nowadays looking for online auto loans is easy but the trick is obtaining a good rate and dependable financing. One of the great things about the Internet …
Used Auto Loans - How To Get Financing For A Used Car Best Syndication
all 2 news articles

Mich. lawmakers want US help to free up auto loans - The Associated Press

Berkshire Hills Reports Increased Earnings and EPS for the Third …
MarketWatch - 19 hours ago
Commercial business loans decreased by $23 million year-to-date due to paydowns, and auto loans decreased by $54 million due to planned runoff in the …
Boston Private Financial Holdings Inc. Q3 2008 Earnings Call … Seeking Alpha
Valley National Bancorp Reports Third Quarter Earnings, Loan … PR Newswire (press release)
Wachovia Reports 3rd Quarter Loss of $4.8 Billion Excluding $18.7 … Earthtimes (press release)
StreetInsider.com (subscription) - MarketWatch
all 988 news articles

Death of the American Empire - Center for Research on Globalization

Mich. lawmakers want US help to free up auto loans
The Associated Press - 19 hours ago
WASHINGTON (AP) — Michigan lawmakers asked the government on Thursday to make it easier for car buyers to get loans, in hopes of helping US automakers ride …
Michigan Representatives Call for Auto Industry Support Wall Street Journal
UPDATE 1-US lawmakers urge Fed, Treasury help for autos Reuters
Treasury urged to help Big 3 DetNews.com
The Associated Press - The Associated Press
all 350 news articles

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Personal loans

Thursday, October 23rd, 2008

Sify

Death of the American Empire
Center for Research on Globalization, Canada - 12 hours ago
Relatively quietly over the summer Freddie Mac and Fannie Mae, the publicly traded companies responsible for 80% of the home mortgage loans, lost almost 90% …
The Financial Crisis Explained: Your Guide to the Global Market … PC The Cowl (subscription)
Op-Ed Contributors Poor Homeowners, Good Loans New York Times
House Republicans Call on Justice Department to Investigate … Trading Markets (press release)
The Associated Press - San Francisco Chronicle
all 1,037 news articles

Bay State foreclosure figures on rise again - Boston Globe

Bay State foreclosure figures on rise again
Boston Globe, United States - 20 hours ago
… to focus on the mortgage crisis, called for the revival of a proposal to allow bankruptcy courts to modify the terms of predatory mortgage loans. …
Bill Delahunt: help borrowers Boston Herald
Delahunt calls for changes in bankruptcy court Forbes
Foreclosures spike in Mass. Berkshire Eagle
Boston Herald
all 18 news articles

UK September Mortgage lending remains muted, even as lending to … - RTT News

UK September Mortgage lending remains muted, even as lending to …
RTT News, NY - 8 hours ago
The total amount of mortgage loans extended rose to GBP535.1 billion in September. Gross mortgage lending was GBP11.6 billion in the month, while GBP11.2 …
UK September Mortgage Approvals Increase RTT News
all 2 news articles

Horizon Bancorp Announces Third Quarter and Year-to-Date Earnings - MarketWatch

US weighing troubled mortgage loan guarantees - Reuters

Horizon Bancorp Announces Third Quarter and Year-to-Date Earnings
MarketWatch - 11 hours ago
Loans declined $32 million since December 31, 2007. The decline was related to the sale of $37 million of adjustable rate mortgage loans. The mortgage loans …
SunTrust Reports Third Quarter Earnings of $0.88 Per Share MarketWatch
Benjamin Franklin Bancorp Reports Results for Third Quarter of … MarketWatch
MutualFirst Announces Third Quarter 2008 Earnings MarketWatch
MarketWatch - MarketWatch
all 1,371 news articles

The Associated Press

US weighing troubled mortgage loan guarantees
Reuters - 2 hours ago
WASHINGTON (Reuters) - US officials said on Thursday they were weighing the possibility of government guarantees for troubled mortgage loans to try to …
For housing, no easy fix CNNMoney.com
FDIC head calls for mortgage relief; Greenspan takes some blame McClatchy Washington Bureau
Bair Testimony on Foreclosures and Stabilization Wall Street Journal Blogs
The Associated Press - Reuters
all 662 news articles

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Personal loans

Thursday, October 23rd, 2008

Eaton Vance, Deerfield Sell Loans, Unwind Saps Credit (Update2) - Bloomberg

Eaton Vance, Deerfield Sell Loans, Unwind Saps Credit (Update2)
Bloomberg - 8 hours ago
With loans plunging to a record low 66 cents on the dollar last week from 88.5 cents at the beginning of September, the threshold is increasingly being hit. …

Banks Borrowed Record Amount from FED - WPEC

WNCT	Banks Borrowed Record Amount from FED WPEC, FL - 3 hours ago This category was broadened last week to include any loans that were made to the US and London-based broker-dealer subsidiaries of Goldman Sachs, … Breakingviews.com. Goldman Plays Job Cut Catch-Up New York Times all 123 news articles

Mich. lawmakers want US help to free up auto loans - The Associated Press

Enterprise Bancorp Announces Its Seventy-Sixth Consecutive … - MarketWatch

Mich. lawmakers want US help to free up auto loans
The Associated Press - 5 hours ago
WASHINGTON (AP) — Michigan lawmakers asked the government on Thursday to make it easier for car buyers to get loans, in hopes of helping US automakers ride …
A Push for Bailout Money to Help Car Buyers New York Times
Michigan Lawmakers: US Auto Cos. Face 'Emergency' Situation CNNMoney.com
UPDATE 1-US lawmakers urge Fed, Treasury help for autos Reuters
Crain’s Detroit Business - The Associated Press
all 264 news articles

US weighing troubled mortgage loan guarantees - Reuters

Enterprise Bancorp Announces Its Seventy-Sixth Consecutive …
MarketWatch - 12 hours ago
The allowance for loan losses to total loans ratio was 1.67% at September 30, 2008, compared to 1.60% at June 30, 2008, and 1.62% at December 31, 2007. …
The Bancorp, Inc. Reports Third Quarter 2008 Results MarketWatch
People's Bank Reports Earnings MarketWatch
Preferred Bank Reports Third Quarter Results MarketWatch
MarketWatch - MarketWatch
all 1,371 news articles

The Associated Press

US weighing troubled mortgage loan guarantees
Reuters - 2 hours ago
WASHINGTON (Reuters) - US officials said on Thursday they were weighing the possibility of government guarantees for troubled mortgage loans to try to …
FDIC May Guarantee Some Home Loans Washington Post
Bair Says Loan Guarantees May Help Stem Foreclosures (Update1) Bloomberg
FDIC: Use IndyMac Model to Prevent Foreclosures U.S. News & World Report
Reuters - Reuters
all 662 news articles

SunTrust Net Income Falls 25% on Higher Loan Losses (Update1) - Bloomberg

SunTrust Net Income Falls 25% on Higher Loan Losses (Update1)
Bloomberg - 14 hours ago
By Doug Alexander Oct. 23 (Bloomberg) — SunTrust Banks Inc., Georgia's largest lender, said third-quarter profit fell 25 percent as loan losses worsened in …
SunTrust's 3Q earnings sink 26 percent Forbes
SunTrust's Net Slips 26% on Credit Deterioration Wall Street Journal
SunTrust profit off 26 pct, eyes Treasury capital guardian.co.uk
Atlanta Journal Constitution - Bloomberg
all 38 news articles

SLM Says Loan Originations Fell, Loss Provisions Rose (Update2) - Bloomberg

Colonial BancGroup swings to 3Q loss on bad loans - Forbes

SLM Says Loan Originations Fell, Loss Provisions Rose (Update2)
Bloomberg - 11 hours ago
By Sarah Mulholland Oct. 23 (Bloomberg) — SLM Corp., the student lender known as Sallie Mae, made fewer new loans last quarter and set aside more reserves …
Sallie Mae posts $159M loss Bizjournals.com
Sallie Mae CEO hoping for credit thaw Forbes
Sallie Mae posts quarterly net loss guardian.co.uk
Forbes - Forbes
all 67 news articles

Colonial BancGroup swings to 3Q loss on bad loans
Forbes, NY - Oct 22, 2008
Colonial boosted its provision for loan losses, or money set aside to cover bad loans, to $159.4 million, more than 33 times its provision last year of $4.8 …
Colonial profit drops on aggressive loan workouts Bizjournals.com
Colonial BancGroup reports $71 million third-quarter loss Press-Register - al.com
Colonial debates applying for bailout Montgomery Advertiser
Bizjournals.com
all 33 news articles

SBA Disaster Loans Available Following Secretary of Agriculture … - FOXBusiness

Wall Street Journal Blogs

SBA Disaster Loans Available Following Secretary of Agriculture …
FOXBusiness - 7 hours ago
ATLANTA, Oct 23, 2008 (BUSINESS WIRE) —-The US Small Business Administration announces today that federal economic injury disaster loans are available to …
CDC Loans provides 504 financing to 57 Arizona small businesses Bizjournals.com
What about loan defaulters? MSNBC
Credit Crunch Not Affecting Zions Bank's Ability to Maintain Role … MarketWatch
Bizjournals.com - MarketWatch
all 244 news articles

Provident New York Bancorp: 27.1% Increase in Yearly EPS to $0.61 … - MarketWatch

Provident New York Bancorp: 27.1% Increase in Yearly EPS to $0.61 …
MarketWatch - 1 hour ago
Loans grew $93.5 million or 5.7% over year-end 2007, mainly in the Commercial sector. — Non-interest expense increased by 2.4% compared to the fourth …
Intermountain Community Bancorp (IMCB) Announces Third Quarter … MarketWatch
Pinnacle Bankshares Announces Third Quarter 2008 Earnings MarketWatch
TF Financial Corporation Reports Third Quarter 2008 Results and … MarketWatch
MarketWatch - MarketWatch
all 87 news articles

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Bad credit

Thursday, October 23rd, 2008

Downey Financial Corp. reports $81 million in losses - Los Angeles Times

Downey Financial Corp. reports $81 million in losses
Los Angeles Times, CA - 20 hours ago
By William Heisel The parent company of Downey Savings reported widening losses today as more borrowers fell behind on their mortgage loans. …
Downey Financial posts wider loss in Q3 - Update RTT News
Future cloudy for Downey Savings Los Angeles Times
all 7 news articles

MORTGAGE LOANS STOPPED TEMPORALLY - Montsame (subscription)

MORTGAGE LOANS STOPPED TEMPORALLY
Montsame (subscription), Mongolia - Oct 22, 2008
Ulaanbaatar, /MONTSAME/ Commercial banks' granting mortgage loans in large amounts led to the increase in demand and supply of apartments. …

WRAPUP 1-US bank regulator urges mortgage loan guarantees - Reuters

WRAPUP 1-US bank regulator urges mortgage loan guarantees
Reuters - 5 minutes ago
… Oct 23 (Reuters) - One of the United States' top banking regulators said on Thursday the government must do more to guarantee mortgage loans in order to …

Bay State foreclosure figures on rise again - Boston Globe

Bay State foreclosure figures on rise again
Boston Globe, United States - 11 hours ago
… to focus on the mortgage crisis, called for the revival of a proposal to allow bankruptcy courts to modify the terms of predatory mortgage loans. …
Bill Delahunt: help borrowers Boston Herald
Delahunt calls for changes in bankruptcy court Forbes
Foreclosures spike in Mass. Berkshire Eagle
Boston Herald
all 18 news articles

US Sues Lender, Alleges Fraud in Insured Loans - Wall Street Journal

Wall Street Journal

US Sues Lender, Alleges Fraud in Insured Loans
Wall Street Journal - 12 hours ago
By CHAD BRAY Federal prosecutors in Brooklyn sued a Long Island mortgage lender and its president on Wednesday to stop it from writing loans insured by the …
Carle Place mortgage lender faces fraud charges Newsday
all 3 news articles

US Treasury Says Markets Still `Fragile' After `Improvement' - Bloomberg

The Associated Press

US Treasury Says Markets Still `Fragile' After `Improvement'
Bloomberg - 1 hour ago
The Treasury is still working to hire asset managers to handle purchases of mortgage-backed securities and individual mortgage loans. …
Treasury says markets fragile, but improving Reuters
Treasury's Kashkari sees market improvement since asset purchase … Forbes
US Treasury's Kashkari says TARP Moving Forward Rapidly, Effectively ForexTV.com
all 132 news articles

Horizon Bancorp Announces Third Quarter and Year-to-Date Earnings - MarketWatch

International Business Times

Horizon Bancorp Announces Third Quarter and Year-to-Date Earnings
MarketWatch - 2 hours ago
Loans declined $32 million since December 31, 2007. The decline was related to the sale of $37 million of adjustable rate mortgage loans. The mortgage loans …
SunTrust Reports Third Quarter Earnings of $0.88 Per Share MarketWatch
Benjamin Franklin Bancorp Reports Results for Third Quarter of … MarketWatch
FPB Financial Corp. Announces 2008 Third Quarter Earnings and … MarketWatch
MarketWatch - MarketWatch
all 1,461 news articles

Ben Franklin Bancorp's Q3 earnings up 15 percent - Bizjournals.com

Ben Franklin Bancorp's Q3 earnings up 15 percent
Bizjournals.com, NC - 16 minutes ago
The bank’s loan-loss provision in the third quarter reflects an increase in general reserves for residential mortgage loans; the effect of loan growth …

Bair Testimony on Foreclosures and Stabilization - Wall Street Journal Blogs

The Bee

Bair Testimony on Foreclosures and Stabilization
Wall Street Journal Blogs, NY - 1 hour ago
As a result of this arrangement, the FDIC has inherited responsibility for servicing a pool of approximately 712000 mortgage loans, including more than …
Plans to Aid Borrowers Gain Steam Wall Street Journal
Bair Says Loan Guarantees May Help Stem Foreclosures (Update1) Bloomberg
New foreclosure plan on tap CNNMoney.com
New York Times - TheStreet.com
all 268 news articles

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Personal loans

Wednesday, October 22nd, 2008

Swedish c.bank says to offer more crown loans - Forbes

Swedish c.bank says to offer more crown loans
Forbes, NY - 3 hours ago
STOCKHOLM, Oct 22 (Reuters) - The Swedish central bank said on Wednesday it would offer another 80 billion Swedish crowns ($10.2 billion) of loans to ease …

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Loans

Wednesday, October 22nd, 2008

For car dealers, tight credit is fueling a 'catastrophe' - USA Today

For car dealers, tight credit is fueling a 'catastrophe'
USA Today - Oct 20, 2008
Close to $25 billion in auto loans are at risk of default, she says, about 3% of nearly $796 billion in open loans. The quality of credit on open loans also …

Bill Parker - Chief Credit Officer - Seeking Alpha

AAA Auto is fending off crisis impacts, but not flirting with … - Portfolio

Bill Parker - Chief Credit Officer
Seeking Alpha, NY - 23 hours ago
Within the retail loan portfolio, the largest increase was in the other retail loan category, about half of which was related to auto loans while credit …
Brookline Bancorp Announces 2008 Third Quarter Earnings and … MarketWatch
Wachovia Reports 3rd Quarter Loss of $4.8 Billion Excluding $18.7 … Earthtimes (press release)
M&T Bank Q3 2008 Earnings Call Transcript Seeking Alpha
MarketWatch - MarketWatch
all 1,457 news articles

AAA Auto is fending off crisis impacts, but not flirting with …
Portfolio, Hungary - Oct 21, 2008
The company has not bumped into difficulties in the area of auto loans either (this is what generates the largest profit for the group). …

Car sales down, Valley dealer says some dealerships will fold - KTAR.com

Car sales down, Valley dealer says some dealerships will fold
KTAR.com, AZ - 1 hour ago
People still are able to get auto loans, Luke said, even people with questionable credit. But, he said banks are balking at longer loans, such as 84 months.

UPDATE 1-GM dealers say GMAC forcing inventory payoffs - Reuters

Cars.com

UPDATE 1-GM dealers say GMAC forcing inventory payoffs
Reuters - 14 hours ago
Last week, GMAC moved to limit auto loans to borrowers with credit scores above 700, hiked the fee it charges for new loans and demanded higher …
GMAC Leaves Californians With Few Car-Loan Options Cars.com
California dealers say GMAC rules cut 40% of customers DetNews.com
all 14 news articles

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Personal loans

Tuesday, October 21st, 2008

Low Rate Secured Personal Loan: Easy Finances to Satisfy Your … - Best Syndication

Cascade Financial Reports Strong Third Quarter Operating Results … - MarketWatch

Low Rate Secured Personal Loan: Easy Finances to Satisfy Your …
Best Syndication, CA - 2 hours ago
But then, the loan amount approved will carry a slightly high rate of interest. To acquire low rate secured personal loan instantly without any hassle, …

SBA urges lenders to be more flexible - Bizjournals.com

Cascade Financial Reports Strong Third Quarter Operating Results …
MarketWatch - 2 hours ago
Non-interest income increased 20% * Total loans increased 13% to $1.21 billion. * Total deposits grew 9% to $993 million, while personal checking account …
Toronto Dominion Bank (NYSE:TD) - Bancorp acquisition expected to … Research Oracle
The Private Bank of California Reports Positive Preliminary … Ad-Hoc-News (Pressemitteilung)
QNB Corp. Reports Third Quarter Net Income MarketWatch
MarketWatch - MarketWatch
all 1,350 news articles

SBA urges lenders to be more flexible
Bizjournals.com, NC - 3 hours ago
At the same time, the SBA is asking its lenders not to broadly call borrower loans due to changing financial variables, such as fluctuations in personal …

FirstAgain Offers Unsecured Personal Loans for Solar Installation … - MediaSyndicate (press release)

FirstAgain Offers Unsecured Personal Loans for Solar Installation …
MediaSyndicate (press release) - Oct 19, 2008
FirstAgain's online unsecured personal loans are available in amounts from $10000 to $100000-making them an ideal source for funding top green projects. 5. …

WGC, HDFC Bank tie up to extend personal loans - Business Standard

WGC, HDFC Bank tie up to extend personal loans
Business Standard, India - 3 hours ago
“HDFC has taken the initiative to provide personal loans at almost 16 per cent interest. The security is arranged in such a way that the bank will keep the …

Personal Loans for People on Benefits: Cash in Distraught Times - Best Syndication

Personal loan beginner's guide published - Money News

Personal Loans for People on Benefits: Cash in Distraught Times
Best Syndication, CA - Oct 18, 2008
Personal loans for people on benefits are especially designed for those who are trapped in financial crisis. With this loan, the bad credit people can also …

Personal loan beginner's guide published
Money News, UK - Oct 20, 2008
Readers of the newspaper were informed about how to secure a loan, find the best deal and general conditions of acceptance. Approaching lenders directly was …

Brits lending loans to friends and family - Beat That Quote News

Brits lending loans to friends and family
Beat That Quote News, UK - Oct 20, 2008
A study by AA Personal Loans discovered that people in the UK lend an average of £607.22 each time but only half actually receive the money back. …
60 per cent of Brits lend money to friends and family Only Finance
all 2 news articles

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Personal loans

Tuesday, October 21st, 2008

GMAC Leaves Californians With Few Car-Loan Options - Cars.com

Cars.com

GMAC Leaves Californians With Few Car-Loan Options
Cars.com, IL - 3 hours ago
Only car buyers with a credit score of 700 or higher will qualify for a car loan. The state of California is protesting GMAC's decision, saying it will …
California dealers say GMAC rules cut 40% of customers DetNews.com
all 15 news articles

Struggling car dealer: Blame the banks - CNN

CNN	Struggling car dealer: Blame the banks CNN - 8 hours ago They knew it, so why did they loan it?" She knows why: "They didn't care about the consumer." She'll have no part of that, she says. …

Bill Parker - Chief Credit Officer - Seeking Alpha