The loan blog

Banks try to return risky loans to originatorsSan Diego Daily Transcript (subscription), CA -17 minutes agoEfforts by major banks and Wall Street firms to unload bad US housing loans are speeding up a shakeout in the subprime mortgage industry. …
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SBA loans to small business exporters surpass $1 billionBend Weekly, OR -2 hours agoWASHINGTON – The US Small Business Administration made a record number of export loans in FY 2006 and surpassed the $1 billion mark for the first time in …SBA Loans to Small Business Exporters Surpass $1 BillionPR Newswire (press release)Melancon Introduces Measure to [...]

Microenterprises, SMEs given bulk of P82.6-B LBP loans to priority …Philippine Information Agency, Philippines -40 minutes agoIloilo City (1 March) — Microenterprises and Small Medium Entrepreneurs (SMEs) in the country got the biggest share from the P82.6 billion total loans…
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Royal Bank Second-Half Net Rises 12 Percent on Corporate LoansBloomberg -22 minutes ago… Royal Bank of Scotland Group Plc, the UK's second-biggest bank by market value, said second-half profit rose 12 percent, buoyed by corporate loans. …
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Seeking Alpha
Should Investors Fear 'Shock' from Subprime Meltdown?CoStar Group, MD -2 hours agoFour out of five subprime loans carry floating interest rates that, after the first year or two, change every 12 months as short-term interest rates …Will subprime's wounds bloody the global economy?Blogging StocksAs home values fall, is the US heading for the much-feared 'hard …Independentall [...]

Sub-prime indexes fall despite Lehman pushLos Angeles Times, CA -Feb 27, 2007Holdings Inc. said clients that had bet on rising sub-prime loan defaults and plunging prices for bonds backed by the loans should book their profit. …Banks try to return risky loans to originatorsSan Diego Daily Transcript (subscription)all 2 news articles
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Program helps buyers get mortgagesPatriot-News, PA -2 hours agoThe program helped 162 county families get mortgages last year. "It allows people who meet specific income guidelines to obtain a free down payment from the …
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Borrowers shell out plenty for payday loansCherry Hill Courier Post, NJ -18 minutes agoPayday loans are small loans that a borrower promises to repay out of his or her next paycheck, typically in two weeks. A $100 loan might carry a fee of $15 …
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Reverse mortgages help elderly residents stay in their homesPittsburgh Tribune-Review, PA -2 hours agoReverse mortgages allow homeowners 62 years old or older to borrow against the equity in their home and receive payment in a lump sum, on a monthly basis or …
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Purchases aid student loansPenn State Digital Collegian, PA -1 hour agoUpromise Loan Link tracks purchases through a credit, debit or grocery card number and gives rebates toward students' loans every time they make purchases …
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