The loan blog

RTE.ie Irish Private Sector Credit rose 28.1% in year to September; Level …FinFacts Ireland, Ireland -15 hours ago… June. Non-mortgage credit growth increased in September, and remained at a faster rate than both PSC and residential mortgages. …Private sector credit growth eases againRTE.ieall 2 news articles More: continued here

The Age On the hunt for a capital ideaSydney Morning Herald, Australia -34 minutes ago… It's not surprising, then, that many senior citizens are increasingly resorting to reverse mortgages to help fund their retirement. …Coming soon, a mortgage with no interest paymentsSydney Morning Heraldall 3 news articles More: continued here

Earthtimes.org Boom in over-mortgagingThis is Money, UK -14 hours agoSoaring numbers of young people and divorcees are taking out mortgages worth more than 100% of the homes they are buying. Mortgage …Abbey mortgages'to help first-time buyers'Money NewsMillions unable to get onto property ladder: AbbeyEarthtimes.orgProperty ownership is ‘out of reach’ to over 17 million …UK Loan NewsGuardian Unlimited - [...]

Thailand: Fitch upgrades EXIM's national ratings to 'AAA(tha)'The Asian Banker (subscription), Singapore -3 hours ago… Outlook Stable, Short-term foreign currency at 'F2', National Short-term rating at … aiming to sustain its growth by providing more long-term loans to merchant … More: continued here

BBC News Abbey lends five times your wageBBC News, UK -24 minutes ago… Times. The current industry standard is for homebuyers to be offered mortgages of up to three-and-a-half times their salary. Analysts … More: continued here

IAC/InterActiveCorp Q3 2006 Earnings Call TranscriptSeeking Alpha, NY -1 hour ago… change the success of purchased mortgages, both on the network and at LendingTree Loans. … areas is well placed, and will bear fruit in the short term, and even … More: continued here

Total debt levels up €5.6bn to almost €303bn last monthIrish Independent, Ireland -14 hours ago… increase during 2006. Mortgages accounted for €2.1bn of the increase, while overdrafts made up almost €500,000 of the total sum. More: continued here

BBC News Home loans on offer at five times salary levelFinancial Times, UK -2 hours ago… Abbey, the UK’s second-largest home loans provider, has raised the standard amount it will lend homebuyers to five times either their single or joint salaries …Abbey lends five times your wageBBC Newsall 2 news articles More: continued here

Loans offered to set up medical collegesCalcutta Telegraph, India -1 hour ago… The state government offered soft loans up to Rs 5 crore for purchase of land and equipment, one-time grant for medical colleges and to develop infrastructure … More: continued here

FHA Loans with NDPA Not an Indicator for Default, Says New StudyDSNews.com, TX -3 hours agoThe HUD Office of the Inspector General and the US Government Accountability Office released data arguing that FHA loans with nonprofit down payment assistance …Government Research Overstates Problems of FHA Loans with …Yahoo! News (press release)all 5 news articles More: continued here