The loan blog

UPDATE 2-US GSE regulator won't lower conforming loan limitReuters -5 hours agoN: Quote, Profile , Research) said on Tuesday it would not let the conforming loan limit that governs the size of loans the companies can buy drop in 2008. …Regulators set stage to cut conforming loan limit in 2009Inman.com (subscription)Peter Boutell, Lending a Hand: Mortgage [...]

Her short-term memory is at a serious deficitWoodbridge Sentinel,  USA -20 minutes agoThanks to TV commercials, I can tell you the 1-800 number to purchase a lowrate loan. I can recite the phone number to contact a law firm in Massachusetts. … More: continued here

Uganda: Musazi's Property Grabbed Over LoansAllAfrica.com, Washington -1 hour ago… of the initial Shs200m loan and reduced it to Shs83m. She said the bank has already frozen the loan interests but the principal amount is still pending. … More: continued here

Earthtimes QNB Corp. Reports Third Quarter ResultsCNNMoney.com -4 hours agoThe balance sheet restructuring transaction entered into during the second quarter of 2007, along with the strong growth in both loans and deposits …Farmers Capital Bank Corporation Announces Increase in EarningsCNNMoney.comWest Coast Bancorp Reports Third Quarter EarningsCNNMoney.comDearborn Bancorp Reports Third Quarter LossCNNMoney.comCNNMoney.com - CNNMoney.comall 85 news articles More: [...]

Seacoast Expects to Strengthen Loan Loss ReservesCNNMoney.com -2 hours agoThe allowance for loan losses is expected to total approximately 1.19% of loans at quarter-end. Nonperforming loans at quarter end will primarily consist of …Seacoast Plans $8.4M Loan Loss ProvisionHouston ChronicleMarket Report — In Play (SBCF)MSN Moneyall 154 news articles More: continued here

Commissioners add to loan fundBizjournals.com, NC -2 hours agoThe fund, intended to be used as gap financing for businesses, has 10 outstanding loans totaling $971000. With the fund's stipulation that businesses …Oxford Funding Engages Quantum ServicingBusiness Wire (press release)all 4 news articles More: continued here

Daily Mail Northern Rock Says Looser BOE Loans May Have Prevented RunBloomberg -3 hours agoHe also resisted making routine loans from the central bank in exchange for collateral including some of the securitized mortgages Northern Rock had to …Northern Rock chief defends handling of crisisMarketWatchall 298 news articles More: continued here

RTT News Wells Fargo 3Q Earnings Rise 4 PercentThe Associated Press -1 hour agos earnings grew at its slowest pace in more than six years during the third quarter, dragged down by deteriorating home loans likely to cause more trouble …Wells' Q3 profit up despite credit woesBizjournals.comWells Fargo Hit by Credit WoesTheStreet.comSector Snaps: Banks Mostly SlideCNNMoney.comUSA [...]

Darling's mortgage fix will solve nothingTelegraph.co.uk, United Kingdom -3 hours agoIn his speech, Darling said that fixed-rate mortgages can offer more certainty. "I will bring forward proposals at the Budget on reforms to help lenders … More: continued here

Conde Nast Portfolio Wells Fargo's Third-Quarter Profit Rises 4 Percent (Update3)Bloomberg -1 hour agoAbout half of the increase stemmed from home equity loans, where lower home prices caused steeper- than-expected losses, Chief Credit Officer Mike Loughlin …Wells Fargo Hit by Credit WoesTheStreet.comSector Snaps: Banks Mostly SlideCNNMoney.comWells Fargo earnings rise 4% on loan and deposit growthUSA TodayRTT [...]