The loan blog

NPR
Foreclosures increasingAsheville Citizen-Times, NC -1 hour agoPeople aren’t aware and were short-sighted when we’re talking about a long-term investment,” he said. National figures back him up. …Lenders scramble for loan buyersOCRegisterall 38 news articles
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NPR
The subprime mortgage meltdownRutland Herald, VT -27 minutes agoThe 53-year-old is among a rapidly increasing number of Americans swept into a maelstrom of foreclosures created by subprime mortgages — high interest-rate …The threat to national, local economies from the housing sectorIndianapolis StarFixed or variable? The vital mortgage choicesYorkshire Post TodayEconomic Scene ‘Irresponsible’ Mortgages Have Opened [...]

Loans are on course – JKIPP Media – Guardian, United Republic of Tanzania -22 minutes agoHe explained that applications for the loans were overwhelming, citing the National Micro Finance Bank, which had received requests to the tune of seven …
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Susquehanna selects VP for small-business loansCherry Hill Courier Post, NJ -21 minutes agoSusquehanna Patriot Bank has appointed Rosemary Dente as vice president of the bank's Small Business Administration lending in New Jersey. …
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Women in UK taking unprecedented personal loans24-7PressRelease.com (press release) -11 minutes agoThe research states that women in the country have unsecured loans that add up to a staggering twenty billion pounds. The outstanding dues on the overdraft …
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A financial back-up plan for seniorsPioneer Press, MN -1 hour agoThough reverse mortgages have been around since the late 1980s, their popularity has soared in recent years. In 2006, about 85000 reverse mortgages were …
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Low-cost home loans are tougher to getBaltimore Sun, MD -10 minutes agoMost of the lending pullback has occurred in what is called the subprime market, or loans made to borrowers with a higher risk of default. …
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Reader Response: New protections for NH's payday loan customersLaconia Citizen, NH -20 minutes agoWe tell customers that payday loans should be used only for short-term needs in a customer notice placed on all marketing materials. …For the MonitorConcord Monitorall 2 news articles
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NPR
Subprime loans play hard to getSalt Lake Tribune, UT -56 minutes agoHe said loans in which 100 percent of the purchase price can be financed are available generally only to people with credit scores of 680 and higher. …Home Ownership on HoldWall Street Journal (subscription)Guidelines to get past tougher loan standardsChicago TribuneA NEW WAY OF BUSINESSLakeland [...]

Housing market slowdown bodes ill for economycommercialappeal.com (subscription), TN -1 hour agoThe risky behavior propelled the rapid growth of subprime mortgages — home loans designed for borrowers with blemished credit histories. …
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