Blog sponsored by DrCredit.com

Archive for December, 2008

Personal loans

Monday, December 15th, 2008

Capital One writes off over $500M in November - Bizjournals.com

Capital One writes off over $500M in November
Bizjournals.com, NC - 6 hours ago
12 that it charged off $403 million worth of credit card loans and $102 million worth of auto loans in November. At the end of November, Capital One still …
Capital One card delinquencies rise in November Reuters
Capital One shares slip on November credit report BusinessWeek
all 22 news articles

US Senate banking chief confident on auto bailout - Reuters

Yahoo

US Senate banking chief confident on auto bailout
Reuters - 1 hour ago
… chairman Chris Dodd said on Monday he was confident the US government would help US auto makers with bridging loans to survive the financial crisis. …
Inept Handling Of Conflicts Leave Dodd Politically Exposed TheDay
Americans are being made financial victims Greenwich Time
all 24 news articles

White House: No immediate deal on auto loans - The Associated Press

ABC News

White House: No immediate deal on auto loans
The Associated Press - Dec 14, 2008
Last week, Congress failed to approve $14 billion in loans to help the automakers. The plan would have provided short-term financing to the industry and …
Video: White House: No Immediate Deal on Auto Loans AssociatedPress

White House: No immediate deal on auto loans WZTV
Auto loan deal negotiations continue DetNews.com
FT Alphaville - Detroit Free Press
all 6,456 news articles

TransUnion.com: National Auto Loan Delinquency Rates Increased … - International Business Times

TransUnion.com: National Auto Loan Delinquency Rates Increased …
International Business Times, NY - 9 hours ago
The report is part of an ongoing series of quarterly consumer lending sector analyses focusing on credit card, auto loan and mortgage data that may be found …

New Lease on Auto Loan - Slate

New Lease on Auto Loan
Slate - Dec 13, 2008
It also hasn't ruled out bankruptcy for one or more of the auto companies. As the LAT notes, Senate Republicans used debate over the loan bill as an excuse …
Automakers Look to White House to Revive Bailout Hopes NewsHour
all 8 news articles

Detroit automakers await deal on auto loans - The Associated Press

The Associated Press

Detroit automakers await deal on auto loans
The Associated Press - 11 hours ago
Last week, Congress failed to approve $14 billion in loans to help the automakers. The plan would have provided short-term financing to the industry and …

Detroit automakers await deal on auto loans - The Associated Press

The Associated Press

Detroit automakers await deal on auto loans
The Associated Press - 2 hours ago
The deal approved by the House provided loans for Chrysler LLC and General Motors Corp. to help them survive until March 31, but it was blocked by some …

Treasury Still Studying Auto Rescue - Wall Street Journal

Yahoo

Treasury Still Studying Auto Rescue
Wall Street Journal - 3 hours ago
The Bush administration can try to demand concessions upfront as a condition for making initial rescue loans. But it is unlikely Treasury can extract …
Rogers, others call on Bush to help Big Three Livingston Daily
all 212 news articles

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.

Posted in Uncategorized | No Comments »

Loans

Monday, December 15th, 2008

This is what a really bad recession looks like - MarketWatch

Boston Globe

This is what a really bad recession looks like
MarketWatch - Dec 13, 2008
That's beyond bad. "The housing construction freefall continues unabated," said Citigroup economists. "In fact, housing market indicators actually appear to …
Banks Still Hoarding Cash Even as LIBOR Falls About - News & Issues
Top economists talk unconventional Fed policy U.S. Daily
all 776 news articles

Hope builds for stock recovery in new year? Pros share predictions - USA Today

Hope builds for stock recovery in new year? Pros share predictions
USA Today - 7 hours ago
How bad can things get? Duessel: The key question for how bad it gets goes to how high unemployment goes. And that has a lot to do with when this credit …

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.

Posted in Uncategorized | No Comments »

Bad credit

Sunday, December 14th, 2008

SBA-guaranteed loans down 27% - Arizona Republic

SBA-guaranteed loans down 27%
Arizona Republic, AZ - 17 hours ago
14, 2008 12:00 AM US Small Business Administration's major functions include guaranteeing loans for small firms that do not qualify for traditional …
Associated Bank leads state in Small Business Administration loans Milwaukee Journal Sentinel
SBA Responds to CAPAF's Analysis MarketWatch
Phoenix lender debuts $3.5M small-business stimulus plan Bizjournals.com
Arizona Republic - MarketWatch
all 54 news articles

General Growth seeks loan extension - Bizjournals.com

CharlotteObserver.com

General Growth seeks loan extension
Bizjournals.com, NC - Dec 12, 2008
General Growth Properties Inc., owner of the St. Louis Galleria, is negotiating with lenders for an extension on $900 million in loans that came due today. …
Fitch: GGP Bankruptcy to Have Limited ST Rating Implications for … MarketWatch
General Growth Refinances Debt Wall Street Journal
Columbia developer trying to refinance Baltimore Sun
Reuters - MarketWatch
all 328 news articles

White House: No immediate deal on auto loans - The Associated Press

WELT ONLINE

White House: No immediate deal on auto loans
The Associated Press - 2 hours ago
WASHINGTON (AP) — The Bush administration tossed out no lifeline for the teetering auto industry Sunday and a Republican who blocked $14 billion in loans …
Video: White House: No Immediate Deal on Auto Loans AssociatedPress

Auto loan deal negotiations continue DetNews.com
Bush team ponders emergency industry aid, lawmakers say Automotive News
Las Vegas Review - Journal - CNN
all 1,962 news articles

Rate Confusion on Jumbo Loans - Washington Post

Rate Confusion on Jumbo Loans
Washington Post, United States - Dec 12, 2008
7, 2008, the spread in wholesale interest rates between a $417000 loan eligible for purchase by Fannie Mae and Freddie Mac and a $418000 loan that is not …

Fed mulls interest rate cut, maybe to all-time low - The Associated Press

The Associated Press

Fed mulls interest rate cut, maybe to all-time low
The Associated Press - 1 hour ago
Another reduction to the funds rate, the interest banks charge each other on overnight loans, is all but certain to be announced Tuesday. …
Fed mulls interest rate cut, maybe to all-time low White Rock Reviewer
Auto bailout likely to steal limelight from Fed MarketWatch
Some Things That Just Should Not Be Gold Seek
Wall Street Journal - The Associated Press
all 631 news articles

China to Raise Money Supply 17% in 2009, Boost Loans - Bloomberg

Javno.hr

China to Raise Money Supply 17% in 2009, Boost Loans
Bloomberg - 10 hours ago
It has also scrapped temporary loan controls and sold fewer bills to try to boost liquidity. China will boost policy-directed bank loans over the 2008 level …
China to increase currency and loan supply to boost economy Xinhua
China eyes 17 pct money supply growth in 2009 Reuters
Beijing issues plan to boost consumption South China Morning Post (subscription)
Straits Times - eTaiwan News
all 238 news articles

Chrysler CEO Urges Employees To Cut Costs After Loan Defeat - CNNMoney.com

United Press International

Chrysler CEO Urges Employees To Cut Costs After Loan Defeat
CNNMoney.com - Dec 12, 2008
In an e-mail to workers, Nardelli expressed disappointment that a measure to extend $14 billion in low-interest loans to Chrysler and General Motors Corp. …
Unclear auto bailout can pass Senate-Chrysler CEO guardian.co.uk
all 26 news articles

UK Government May Extend Aid to Carmakers as Job Threat Rises - Bloomberg

UK Government May Extend Aid to Carmakers as Job Threat Rises
Bloomberg - 7 hours ago
One option is to use 400 billion pounds ($597 billion) set aside for the banking industry to make low-cost loans, the newspaper said. …
Labor union seeks bailout for UK automakers The Associated Press
all 75 news articles

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.

Posted in Uncategorized | No Comments »

Bad credit

Sunday, December 14th, 2008

Mortgage Q&A: Cleansing the loan market - Washington Times

Washington Post Blogs

Mortgage Q&A: Cleansing the loan market
Washington Times, DC - Dec 11, 2008
So why would the government's promise to buy a bunch of stinky loans cause mortgage rates to fall? The answer is easy. Fannie Mae and Freddie Mac are …
Video: Documents Show Fannie, Freddie Execs Ignored War AssociatedPress

November Job Loss Drives Down Bond Yields, Fixed Mortgage Rates Housing Wire
30-Year Mortgage Rate Hits Its Lowest Level in 4 Years Washington Post
Los Angeles Times - CNN
all 1,675 news articles

General Growth refinances some mortgage debt - MarketWatch

CharlotteObserver.com

General Growth refinances some mortgage debt
MarketWatch - Dec 12, 2008
By John Spence , , ) on Friday announced the completion of about $896 million of mortgage loans. General Growth said about $814 million of the proceeds were …
General Growth refinances mortgages Bizjournals.com
General Growth Refinances Debt Wall Street Journal
Columbia developer trying to refinance Baltimore Sun
Las Vegas Sun - Bizjournals.com
all 328 news articles

Ready to buy? Check out this mortgage glossary - Edmond Sun

Ready to buy? Check out this mortgage glossary
Edmond Sun, OK - Dec 12, 2008
So in anticipation of more people applying for home loans, this week and next, I offer a brief glossary of mortgage terms. …
More than sincerity is borrowing Aiken Standard (subscription)
all 2 news articles

Home buyers look for their own bailout with a 4.5% mortgage rate - Los Angeles Times

Home buyers look for their own bailout with a 4.5% mortgage rate
Los Angeles Times, CA - 14 hours ago
But setting up a program in which the government would buy securities backed by loans originated by private lenders at 4.5% would take longer to implement. …

Ocwen, Leading Subprime Mortgage Servicer, Reports On Success of … - MarketWatch

Ocwen, Leading Subprime Mortgage Servicer, Reports On Success of …
MarketWatch - Dec 11, 2008
Ocwen Financial Corporation is a leading asset manager and business process solutions provider specializing in loan servicing, special servicing, mortgage …

Lenders One Applauds New Administration HUD Secretary Choice - MarketWatch

Boston Globe

Lenders One Applauds New Administration HUD Secretary Choice
MarketWatch - 20 hours ago
With more than 125 members originating $40 billion in mortgage loans annually, the Lenders One alliance ranks as the ninth largest mortgage originator in …
Video: Obama Reveals HUD Cabinet Pick in Address AssociatedPress

As FHA's role grows, so does the risk of fraud Palm Beach Post
Obama taps NY official for HUD post San Francisco Chronicle
The Miami Herald - Washington Post
all 966 news articles

Mortgage Fraud - Miami Daily Business Review

Miami Daily Business Review

Mortgage Fraud
Miami Daily Business Review, FL - Dec 12, 2008
Mortgage-backed securities are backed by pools of thousands of individual residential or commercial mortgage loans that companies like Bayview acquire and …
Executive Accused of Mortgage-Securities Scheme Wall Street Journal
Miami Man Accused Of Mortgage Fraud At Gables Firm CBS 4
Ex-manager admits guilt MiamiHerald.com
Sun-Sentinel.com - The Moderate Voice
all 16 news articles

Home Loan Paydown vs. 401(k) Contribution - Boston Globe

Home Loan Paydown vs. 401(k) Contribution
Boston Globe, United States - Dec 12, 2008
3. Inflation – Mortgage loans do not adjust for inflation. Let’s assume you took a $500000 loan to purchase a home. Inflation for the past few decades has …

Foreclosure workshop draws crowds in Gilbert - Arizona Republic

Foreclosure workshop draws crowds in Gilbert
Arizona Republic, AZ - 17 hours ago
Lenders are "getting creative" about helping borrowers repay mortgage loans, said Cheri Horbacz, project manager at Don't Borrow Trouble, a foreclosure …

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.

Posted in Uncategorized | No Comments »

Loans

Saturday, December 13th, 2008

Auto Loans Will Be Junior Debt For Now - Credit Investment

Auto Loans Will Be Junior Debt For Now
Credit Investment, NY - Dec 12, 2008
The prospects for the $14 billion auto industry loan were looking gloomy as CIN went to press, but if the rescue financing is passed in the form doing the …

Among GMAC's Many Problems: Many GM Employees Are Borrowers - CNNMoney.com

Among GMAC's Many Problems: Many GM Employees Are Borrowers
CNNMoney.com - 23 hours ago
This means that the financing arm will be restricted in its ability to make auto loans, deepening the sales erosion at GM. A lack of funds also means that …
GM May Lose 40% of US Dealers in GMAC Bankruptcy Bloomberg
The other bailout drama — GMAC Dallas Morning News
all 8 news articles

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.

Posted in Uncategorized | No Comments »

Personal loans

Saturday, December 13th, 2008

General Growth refinances some mortgage debt - MarketWatch

CharlotteObserver.com

General Growth refinances some mortgage debt
MarketWatch - Dec 12, 2008
By John Spence , , ) on Friday announced the completion of about $896 million of mortgage loans. General Growth said about $814 million of the proceeds were …
General Growth Refinances Debt Wall Street Journal
Columbia developer trying to refinance Baltimore Sun
General Growth avoids default Bizjournals.com
Louisville Courier-Journal - Las Vegas Sun
all 317 news articles

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.

Posted in Uncategorized | No Comments »

Personal loans

Saturday, December 13th, 2008

A Possible Drag on Bank Lending - New York Times

Javno.hr

A Possible Drag on Bank Lending
New York Times, United States - 11 hours ago
… loans in the last year. Now a proposal from the Federal Deposit Insurance Corporation could make it harder to get a mortgage from these institutions. …
Capital City Bank Group, Inc. and Capital City Bank Elect to … GlobeNewsWire (press release)
Help is on the Way for the Credit Market…Or is it? NuWire Investor (subscription)
all 210 news articles

On the trail of mortgage fraud - Seattle Times

PR-Inside.com (Pressemitteilung)

On the trail of mortgage fraud
Seattle Times, United States - 8 hours ago
The FBI says about 80 percent of mortgage-fraud losses under investigation involve industry insiders who inflated property values or made loans based on …
American Attorney, expects President-elect Obama's Justice Dept … PR-Inside.com (Pressemitteilung)
all 7 news articles

Mortgage Fraud - Miami Daily Business Review

Miami Daily Business Review

Mortgage Fraud
Miami Daily Business Review, FL - 18 hours ago
Mortgage-backed securities are backed by pools of thousands of individual residential or commercial mortgage loans that companies like Bayview acquire and …
Executive Accused of Mortgage-Securities Scheme Wall Street Journal
Miami Man Accused Of Mortgage Fraud At Gables Firm CBS 4
Ex-manager admits guilt MiamiHerald.com
The Moderate Voice - Sun-Sentinel.com
all 16 news articles

Ocwen, Leading Subprime Mortgage Servicer, Reports On Success of … - MarketWatch

Euro may replace Swiss franc in mortgage loans - Puls Biznesu

Washington Post

Euro may replace Swiss franc in mortgage loans
Puls Biznesu, Poland - Dec 12, 2008
The Central Bank of Switzerland is cutting interest rates, the Swiss franc exchange rate is very favorable: circumstances are great to take credits in this …
Yen Falls as Stock Gains Spur Buying of Higher-Yielding Assets Bloomberg
Dollar Falls to Seven-Week Low on Reduced Demand for Funding Bloomberg
all 749 news articles

Rate Confusion on Jumbo Loans - Washington Post

Rate Confusion on Jumbo Loans
Washington Post, United States - 19 hours ago
If they need a loan of less than $417000, using a mortgage bank or mortgage broker will ensure that their loan will end up with one of the agencies, …

General Growth refinances some mortgage debt - MarketWatch

CharlotteObserver.com

General Growth refinances some mortgage debt
MarketWatch - Dec 12, 2008
By John Spence , , ) on Friday announced the completion of about $896 million of mortgage loans. General Growth said about $814 million of the proceeds were …
General Growth Refinances Debt Wall Street Journal
Columbia developer trying to refinance Baltimore Sun
General Growth avoids default Bizjournals.com
Louisville Courier-Journal - Las Vegas Sun
all 317 news articles

Mortgage Q&A: Cleansing the loan market - Washington Times

ABC News

Home Loan Paydown vs. 401(k) Contribution - Boston Globe

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.

Posted in Uncategorized | No Comments »

Bad credit

Friday, December 12th, 2008

Executive Accused of Mortgage-Securities Scheme - Wall Street Journal

Miami Daily Business Review

Executive Accused of Mortgage-Securities Scheme
Wall Street Journal - 9 hours ago
Bayview, of Coral Gables, Fla., is one of thousands of players in the mortgage-securitization business, buying portfolios of loans from banks and pooling …
Miami Man Accused Of Mortgage Fraud At Gables Firm CBS 4
Ex-manager admits guilt MiamiHerald.com
Feds charge Miami man with altering credit ratings Sun-Sentinel.com
Local10.com - Sun-Sentinel.com
all 14 news articles

Fitch Rates Alaska Housing Fin Corp 2008 Second Series … - MarketWatch

Fitch Rates Alaska Housing Fin Corp 2008 Second Series …
MarketWatch - 20 hours ago
Qualified mortgage loans consist of mortgages with loan to value ratios (LTVs) exceeding 80% to be guaranteed or insured by the Department of Veterans …
Fitch Affirms Alaska Housing Finance Co. GOs at 'AA+' MarketWatch
all 10 news articles

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.

Posted in Uncategorized | No Comments »

Loans

Thursday, December 11th, 2008

Report: Florida tops in 3Q loan defaults - Bizjournals.com

ABC News

Report: Florida tops in 3Q loan defaults
Bizjournals.com, NC - Dec 8, 2008
Florida recorded some of the highest third-quarter mortgage loan delinquencies in the nation, according to a report by the Mortgage Bankers Association. …
Overdue Mortgages, Foreclosures reach Record Highs The Epoch Times
Record Foreclosures Reported in 3rd Quarter Wall Street Journal
MBA: Loans In Foreclosure Set New Record Mortgageorb
ABC News - California Progress Report
all 668 news articles

November Job Loss Drives Down Bond Yields, Fixed Mortgage Rates - Housing Wire

The Money Times

November Job Loss Drives Down Bond Yields, Fixed Mortgage Rates
Housing Wire - 6 hours ago
With unemployment rising, applications for mortgage loans fell as more consumers were removed from the home buying market due to lack of employment. …
Mortgage Rates in Free-Fall: 4 Things You Need to Know U.S. News & World Report
Mortgage rates hit 4-year low Inman.com
Bankrate: Mortgage Rates Down Six Straight Weeks PR Newswire (press release)
all 58 news articles

Housing: the key to economic revival? - Christian Science Monitor

Christian Science Monitor

Housing: the key to economic revival?
Christian Science Monitor, MA - 1 hour ago
That's the idea behind a recent Federal Reserve plan to become an investor in packages of mortgage loans. "The case for more aggressive and comprehensive …
Bill Frey's radical ideas for how to fix the housing market BusinessWeek
all 2 news articles

Ocwen, Leading Subprime Mortgage Servicer, Reports On Success of … - MarketWatch

Ocwen, Leading Subprime Mortgage Servicer, Reports On Success of …
MarketWatch - 8 hours ago
Ocwen Financial Corporation is a leading asset manager and business process solutions provider specializing in loan servicing, special servicing, mortgage …
Ocwen says defaults on modified loans below 25 pct Reuters
all 10 news articles

How to fix the housing mess - CNNMoney.com

How to fix the housing mess
CNNMoney.com - 5 hours ago
The last point is important, he says, because some two-thirds of outstanding mortgage loans have been securitized, or bundled together and sold as bonds on …

Recession Fears Prompt Homeowners to Seek Second Mortgage Loans - BigNews.biz (press release)

Recession Fears Prompt Homeowners to Seek Second Mortgage Loans
BigNews.biz (press release), MA - 1 hour ago
In addition to helping applicants take out second mortgage loans, their advisers can help clients manage new loans responsibly. Sydney Financial’s proven …
Homeowners Payoff Mortgage Debt with Gas Price Savings BigNews.biz (press release)
Mortgage Acceleration Program Helps Homeowners Eliminate Holiday Debt BigNews.biz (press release)
all 3 news articles

Mortgage applications down from prior week's surge - CNNMoney.com

RTT News

Mortgage applications down from prior week's surge
CNNMoney.com - Dec 10, 2008
The Mortgage Bankers Association reported Wednesday that mortgage loan application volume fell 7.1% on a seasonally adjusted basis for the week ended Dec. …
US MBA’s Mortgage Applications Index Fell 7.1% Last Week Bloomberg
US mortgage applications dip after big surge -MBA Reuters
Refinancing applications boost home-loan volume Providence Business News
Consumer Affairs - Housing Wire
all 31 news articles

Mortgage chieftains hit by lawmakers - Washington Times

BBC News

Mortgage chieftains hit by lawmakers
Washington Times, DC - 1 hour ago
RDH is right truthspeaker1; nobody went down to their Fannie Mae branch and got a mortgage. Those clowns simply bought all the garbage loans anybody offered …
Video: Documents Show Fannie, Freddie Execs Ignored War AssociatedPress

Regulator: mortgage rates could drop to 4 percent The Associated Press
Fannie, Freddie ignored warning signs CNN
Personal Money Store Blog - New York Times
all 1,581 news articles

Fitch Rates Alaska Housing Fin Corp 2008 Second Series … - MarketWatch

Fitch Rates Alaska Housing Fin Corp 2008 Second Series …
MarketWatch - 5 hours ago
Qualified mortgage loans consist of mortgages with loan to value ratios (LTVs) exceeding 80% to be guaranteed or insured by the Department of Veterans …
Fitch Affirms Alaska Housing Finance Co. GOs at 'AA+' MarketWatch
all 9 news articles

Bancolombia SA Announces Mortgage Securitization - MarketWatch

Bancolombia SA Announces Mortgage Securitization
MarketWatch - 34 minutes ago
These mortgage loans will be secured by Titularizadora through the issuance of mortgage-backed securities. The purpose of this transaction is to continue …
Bancolombia SA Announces Mortgage Securitization International Business Times
Bancolombia SA Announces Unconsolidated Results for the Month of … SYS-CON Media
all 12 news articles

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.

Posted in Uncategorized | No Comments »

Loans

Thursday, December 11th, 2008

US Bank to post $1.2B in credit losses for 4Q - Bizjournals.com

US Bank to post $1.2B in credit losses for 4Q
Bizjournals.com, NC - 4 hours ago
The bank will charge off up to $650 million in bad loans in the fourth quarter, and will post about that much in loan-loss provisions, Davis said. …
US Bank Sees $1.2 Billion In 4Q Credit Costs CNNMoney.com
all 26 news articles

UPDATE 1-US Bancorp may have $1 bln Q4 bad loans, writeoffs - Reuters

Reuters

UPDATE 1-US Bancorp may have $1 bln Q4 bad loans, writeoffs
Reuters - 8 hours ago
N: Quote, Profile, Research, Stock Buzz), one of the largest US banks, said on Thursday it may incur $1 billion of credit costs and writedowns in the fourth …
Critics urge ouster of GM CEO but allies rally guardian.co.uk
all 125 news articles

$10 Billion in New Auto Loans Available - U.S. News Rankings & Reviews

U.S. News Rankings & Reviews

$10 Billion in New Auto Loans Available
U.S. News Rankings & Reviews, VA - 7 hours ago
We've had nothing but bad news to report about the state of the automotive credit industry for months, but this morning we've got something good to report. …
Credit unions look to help the auto industry WWMT
GM looks to credit unions to help finance new vehicles Automotive News
Credit Unions Come to Aid of Troubled Automakers Consumer Affairs
all 78 news articles

Are Credit Unions in Trouble? - TIME

Are Credit Unions in Trouble?
TIME - Dec 10, 2008
Some of the nation's 28 corporate credit unions moved heavily into securities tied to mortgages, car loans and credit cards. That means they are now racked …

US Bancorp to expand loan loss reserve in 4Q - CNNMoney.com

US Bancorp to expand loan loss reserve in 4Q
CNNMoney.com - 6 hours ago
During the third quarter, US Bancorp posted its seventh-straight quarterly profit decline, due in part to an increase in its provision to cover bad loans. …

Our Relationship With The Mall - Washington Post

Our Relationship With The Mall
Washington Post, United States - 7 hours ago
To me, it makes sense to tackle the student loan debt next, since the APR is higher. A: First of all, any debt is bad, whether it's mortgage, credit card, …

Housing Goals We Can’t Afford - New York Times

Housing Goals We Can’t Afford
New York Times, United States - 17 hours ago
Combined with enforcement of fair housing laws, credit scores offer opportunity to those who deserve mortgages and other loans — and protection from the bad …

504 Loan Program: Amid the Bailout, an Investment - MarketWatch

504 Loan Program: Amid the Bailout, an Investment
MarketWatch - 6 hours ago
Under the program's unique distributed credit structure, the bank gets a 50% loan-to-value first lien position on the assets being purchased — cutting its …

Australia Banks Raise $6.7 Billion as Bad Loans Mount (Update3) - Bloomberg