The loan blog

Mortgages above and beyondPalm Beach Post,  United States -15 minutes ago"It's the ultimate victimless crime," said Michael Sichenza, a convicted mortgage scammer who now works as an investigator for a Deerfield Beach law firm. …

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The Money Times

Moving Ahead on MortgagesNew York Times, United States -2 hours agoIt has made a compelling case for freezing the introductory rates, typically 7 percent or 8 percent, on the most default-prone adjustable-rate loans. …Mortgage industry facing more troublesBusinessWeekLenders slow to offer help with mortgagesDallas Morning NewsCOUNTRYWIDE REPORTS A LOSS OF $1.2 BILLION FOR 2007 THIRD [...]

Guest column: Home equity loans should be used sparinglyKansas City Star, MO -38 minutes agoSome loans require a balloon payment — a large, single payment at the end of the loan term after a series of low monthly payments. …

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ADBC loans 43.3 bln yuan to back wheat purchasingXinhua, China -1 hour agoThese loans used to purchace 29.2 million tons of wheat at the minimum price are expected to provide local farmers with an additional 2.3 billion yuan …

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Tax-smart housing loansSify, India -1 hour agoAlso, interest rates payable on housing loans are typically about the same as the rate earned on a bank deposit. Therefore, it makes abundant sense to take …

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Grampian funded fully says HBOSTelegraph.co.uk, United Kingdom -1 hour agoCommercial paper loans are short-term loans for banks and highly-rated corporates. Senior sources at the bank revealed that the funding has been gradually …Grampian is back on track, says HBOSIndependentall 2 news articles

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Choosing the right tenureEconomic Times, India -23 minutes agoBanks normally offer loans only to an extent where the borrower's monthly repayments are less than 35-50 percent of their gross monthly salary. …

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Family Finance: Hey kids! Hands off our equityCanada.com, Canada -6 hours agoThat's one of the propositions of increasingly popular reverse mortgages, which let seniors stay in their house and access the equity built up over the …

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Debt wobbles worldwideStuff.co.nz, New Zealand -5 hours agoSubprime mortgages are merely a symptom of a shift far more fundamental. Putting it simply, Das says the first seismic shift is that credit – other people's …

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Cobb EMC CEO got $3 million in interest-free loans, suit saysAtlanta Journal Constitution,  USA -21 minutes agoThe lawsuit says Brown got $1.5 million — for a total of $3 million in interest-free loans — from Cobb Energy, the for-profit co-op's affiliate that Brown …

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