Loans

Financial stocks jump after Feds sets commercial paper buy - MarketWatch

Financial stocks jump after Feds sets commercial paper buy MarketWatch - 5 hours ago As if people can impose their will on banks to make the banks give them bad loans with high risk profiles without the government imposing subprime mortgage …

Greenberg Says Federal Loan to AIG Is Bad Deal - Wall Street Journal

Boston Globe

Greenberg Says Federal Loan to AIG Is Bad Deal Wall Street Journal - 2 hours ago By JUDITH BURNS WASHINGTON — The $85 billion federal loan to American International Group Inc. is a bad deal for the company's employees and shareholders … What led to AIG’s fall? Economic Times Big Insurer’s Spending Habits Disclosed New York Times AIG Plays Finger-Pointing Game Forbes The Post - CQPolitics.com all 693 news articles

Planting Seeds of Disaster - National Review Online

Planting Seeds of Disaster National Review Online, NY - 8 hours ago Only then would local banks consider making loans available to customers with bad credit histories, low wages, virtually nothing in the bank, … Subprime Suspects Newsweek Subprime Suspects Slate Barney Frank's Bankrupt Ideas Investor’s Business Daily (subscription) all 13 news articles

Yes, the Credit Markets Are That Bad - U.S. News & World Report

Yes, the Credit Markets Are That Bad U.S. News & World Report, DC - 3 hours ago The combination of bad loans and prevailing accounting practices has caused fear and panic in the financial system, in turn causing a huge decline in the …

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

Lockhart says Freddie, Fannie may sell bad assets: report MarketWatch - Oct 5, 2008 These borrowers whose incomes, credit ratings and savings are not good enough to qualify for conventional loans, can only get loans from finance companies … Many pieces go flying from mortgage implosion Dallas Morning News What Payday Lenders Can Tell You About The Current Crisis Examiner.com Both Sides of the Financial Crisis American Spectator all 50 news articles

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Loans

Car buyers, dealers feel pinch - Florida Times-Union

Car buyers, dealers feel pinch Florida Times-Union, FL - 15 hours ago Experian Automotive, a company that deals in automotive trade industry data, announced Monday that defaulted auto loans are on the rise and about $25 …

Practical financial solutions for tough times - MSNBC

Practical financial solutions for tough times MSNBC - Oct 6, 2008 It sounds like paying off that auto loan would really be a weight off your shoulders, so by all means, I think you should do it. But, instead of withdrawing …

Auto loans haven’t dried up, local dealers, lenders say - The State Journal-Register

Auto loans haven’t dried up, local dealers, lenders say The State Journal-Register, IL - Oct 5, 2008 Joel Tjelmeland, owner of the dealership, said auto loans in the secondary markets are tough, but it’s always been that way. “It’s gotten to be a little bit …

Maryland Insurance Administration orders refunds for loan charges - Bizjournals.com

Maryland Insurance Administration orders refunds for loan charges Bizjournals.com, NC - 7 hours ago The companies, which loan policyholders money for auto insurance premiums and collect interest on the financing upfront, were ordered Monday to adhere to …

Fed Looks to Ease Strains in CP Market - Wall Street Journal

Reuters

Fed Looks to Ease Strains in CP Market Wall Street Journal - 22 hours ago … debt is issued by vehicles that are financing longer-term holdings such as securities backed by residential mortgages, credit card loans and auto loans. … See What People Are Saying About… Fed's Historic Move CNBC Fed to buy commercial paper to ease market strain MarketWatch Commercial Paper Mother Jones Gold Seek - MarketWatch all 1,462 news articles

Delinquencies Are Increasing for Car Loans - Wall Street Journal

Delinquencies Are Increasing for Car Loans Wall Street Journal - 15 hours ago By SHARON TERLEP Auto-loan delinquencies are on the rise as cash-strapped Americans increasingly struggle to repay car and truck loans, according to a study … Auto loan delinquencies rise Tampa Bay Business Journal Bizjournals.com all 13 news articles

How to buy a car - even now - CNNMoney.com

CNNMoney.com

How to buy a car - even now CNNMoney.com - Oct 6, 2008 Not for a car, but for a car loan. "Always check with a different financing institution before you go into a dealer," suggested David Thomas, senior editor …

Consumers pay down debt for first time in 10 years - MarketWatch

Consumers pay down debt for first time in 10 years MarketWatch - 24 minutes ago Seasonally adjusted consumer debt — including credit cards, auto loans and other unsecured debts — fell by a record $7.5 billion, or a 3.7% annual rate, …

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Bad credit

Fed reportedly looking into unsecured lending - MarketWatch

Sioux City Journal

Fed reportedly looking into unsecured lending MarketWatch - 34 minutes ago I guess $700 billion already isn't enough since these loans could end up on the US balance sheet if they go bad. Time for Ben to do the full monty, … On the Anniversary of a Big Change, the Fed Mulls Another Barron’s Bad day for stocks Richmond Times Dispatch Fed offers banks $900bn cash loans to infuse liquidity Moneycontrol.com San Francisco Chronicle - Washington Post all 1,079 news articles

Planting Seeds of Disaster - National Review Online

Planting Seeds of Disaster National Review Online, NY - 13 minutes ago Only then would local banks consider making loans available to customers with bad credit histories, low wages, virtually nothing in the bank, …

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Loans

Personal loans account for largest component of credit - Peninsula On-line

Personal loans account for largest component of credit Peninsula On-line, Qatar - Oct 3, 2008 DOHA • Personal loans accounted for the biggest share of credit facilities in the country, amounting to QR50bn. This was followed by the public sector with …

Bank of America Likely to Continue Reign as Largest Online Bank … - MarketWatch

Bank of America Likely to Continue Reign as Largest Online Bank … MarketWatch - 8 hours ago These include liquid deposit account, credit card, mortgage, student loan, auto loan, and personal loans. *** Bank of America online banking numbers do not …

Horizon Bancorp Announces Increase in Third Quarter Provision for … - MarketWatch

Horizon Bancorp Announces Increase in Third Quarter Provision for … MarketWatch - 9 hours ago Second, Horizon completely charged-off the remaining balance on a loan secured by a second mortgage on a personal residence. Horizon is taking aggressive …

Reluctant lenders hike loan rates - Times Online

Reluctant lenders hike loan rates Times Online, UK - 11 hours ago Interest rates on personal loans are at a seven-year high, according Moneyfacts.co.uk, another personal finance website. Michelle Slade, of Moneyfacts said: … Loan repayment rates hiked by up to 9% Debt1 High street credit charges soar ShareCast all 3 news articles

One Crook Went To Prison, The Other Is Running For President!!! - ireport

One Crook Went To Prison, The Other Is Running For President!!! ireport - 19 hours ago Keating blew $3.4 billion through illegal personal loans and bad investments, and the FDIC had to reimburse Keating's customers who had been ripped off. … Video: AP Campaign Minute AssociatedPress Obama, McCain: 'Terrorists, Keating Five' The Swamp - Tribune’s Washington Bureau CQ Transcript: Mayor Michael Bloomberg, Rep. Rahm Emanuel and Rep … CQPolitics.com all 3,750 news articles

FirstAgain Reports Rapid Rise of Online Unsecured Personal Loans … - PR-Inside.com (Pressemitteilung)

FirstAgain Reports Rapid Rise of Online Unsecured Personal Loans … PR-Inside.com (Pressemitteilung), Austria - 11 hours ago San Diego-based FirstAgain® LLC focuses exclusively on providing low-rate, online unsecured personal loans to individuals with excellent credit. …

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

Credit squeeze: SBA loans drop 30% CNNMoney.com - 3 hours ago The SBA's Hedgespeth says that the terms of SBA loans vary according to the business. Although banks are not forced to put liens on personal assets, … SBA Stands Ready to Assist Illinois Residents Affected by Severe … MarketWatch all 15 news articles

Consumers urged to shop around as personal loan rates surge - Finance Markets

Daily Mail

Consumers urged to shop around as personal loan rates surge Finance Markets, UK - 8 hours ago by Kay Murchie Figures from price comparison website, uSwitch.com, has found that lenders are continuing to increase their cost of personal loans with … Compare personal loans as rates rise Fair Investment Company Sharp rise in personal loan rates Banking Times uSwitch: Loans rates up 9% in 28 days Money News Debt Management Today - London Stock Exchange all 16 news articles

Lending boom grinds to a halt - Business Daily Africa

Lending boom grinds to a halt Business Daily Africa, Kenya - Oct 5, 2008 NBK managing director, Mr Marambii, said the upsurge in court cases is related to the nearing maturity period of the three to five year personal loans, …

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Bad credit

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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Bad credit

Personal loans account for largest component of credit - Peninsula On-line

Personal loans account for largest component of credit Peninsula On-line, Qatar - Oct 3, 2008 DOHA • Personal loans accounted for the biggest share of credit facilities in the country, amounting to QR50bn. This was followed by the public sector with …

Graduates drowning in debt from high cost of college - Seattle Times

Graduates drowning in debt from high cost of college Seattle Times, United States - 11 hours ago By Nick Perry Tyson Hunter graduated from Boston University last year with a bachelor's degree — and $152460 in student loans. His loan payments will eat up …

Bailout can't stop the bleeding - Toronto Star

Bailout can't stop the bleeding Toronto Star,  Canada - Oct 4, 2008 The increase was largely due to higher delinquencies in home equity loans, personal loans and credit cards. Meanwhile, hopes of a formidable European …

Lending boom grinds to a halt - Business Daily Africa

Lending boom grinds to a halt Business Daily Africa, Kenya - 2 hours ago NBK managing director, Mr Marambii, said the upsurge in court cases is related to the nearing maturity period of the three to five year personal loans, …

'Not prudent' to bet on debentures - BusinessDay.co.nz

BusinessDay.co.nz

'Not prudent' to bet on debentures BusinessDay.co.nz, New Zealand - 19 hours ago By ROB STOCK - Sunday Star Times | Sunday, 05 October 2008 MUM AND DAD INVESTORS: Personal loan company Instant Finance has stopped issuing debenture …

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Personal loans

California in cash crunch, Schwarzenegger seeks bailout - IBNLive.com

IBNLive.com

California in cash crunch, Schwarzenegger seeks bailout IBNLive.com, India - 8 hours ago Schwarzenegger pegs his state's requirement at US $7 billion if the state is not able to get the short term loans it normally relies on at this time of the … California needs USD 7b to make payroll PRESS TV Arnold Schwarzenegger Wants His Own Personal Bailout Package Jossip Liberalism needs another bailout American Thinker