The loan blog

First-time buyers tempted by offers of huge loansGuardian Unlimited, UK -4 hours ago… increased the income multiples it uses on some products earlier this year, with multiples of up to 4.75 times salary available on its first-time buyer loans. …First time buyers face highest multiples everFT AdviserFirst-time buyers borrow more than everTimes OnlineFirst-time buyers borrowing over three [...]

McGavick loans his campaign $2 millionSeattle Times, United States -4 hours agoRepublican US Senate candidate Mike McGavick announced today that he donated $2 million to his campaign. It will be reported as …McGavick loans his campaign $2 millionSeattle TimesAP Ahead: Wealthy GOP Senate candidate will give $2 million to his …kgw.com (subscription)Wash GOP Senate candidate contributing $2 [...]

State promoting alternatives to payday loansBizjournals.com, NC -3 hours ago… television and radio Public Education Partnership campaign touting the benefits of consumer-friendly, low-cost alternatives to payday loans begins airing on … More: continued here

Brisk house sales cause backlog in land titlesCBC.ca,  Canada -5 hours ago… Eoin Kenny, spokesman for Alberta's Government Services, says brisk real estate sales and the inexpensive cost of second mortgages are causing the record … More: continued here

Best Syndication College Loans – Student Loan ProgramsBest Syndication, CA -43 minutes agoHow do you cope? You can take out a collage loan. Here, we compare the terms of some college loans available to help you find the right one for your situation. … More: continued here

DCB defaults on priority sector loansBusiness Standard, India -6 hours agoRBI requires every bank to extend at least 40 per cent of its net bank credit to priority sectors which include agriculture and home loans. … More: continued here

Best Syndication 2nd Mortgage LoansBest Syndication, CA -43 minutes agoA second mortgage loan is one of the two types of home equity loans.The other type is a “home equity line of credit” or HELOC. …How Refinancing Can Trap Vulnerable HomeownersBest SyndicationIs the Refinance Rush Over? Adjustable Rate and Fixed Rate …Best SyndicationSorting Through Home Equity Loan OptionsBest [...]

The Tribune ‘Our mission is giving loans to the poor’The Tribune, India -2 hours ago… It is one of the top five largest microfinance organisations in the nation, and has provided over Rs 320 crore in loans to nearly 260,000 poor women in … More: continued here

ABC to fix bad loans with securitiesShanghai Daily, China -5 hours agoTHE Agricultural Bank of China plans to pilot asset-backed securitization in two eastern provinces to dispose of its huge portfolio of distressed loans. …PBOC vows to prevent economy from overheatingXinhuaChina's Financials Need an OverhaulMSNBCall 7 related More: continued here

Alliance & Leicester revamps buy-to-let mortgage rangeMyFinances.co.uk, UK -2 hours agoAlliance & Leicester is offering new buy-to-let mortgages, with three-year-fixed-rate deals and reducing the rental cover to 115 per cent for three-year fixed …Alliance & Leicester Specialist Mortgage range launchedMoney Newsall 2 related More: continued here