The loan blog

The Subprime Mortgage Mess: Viewed From a 12-Year Rear View MirrorYahoo! News -31 minutes agoThe local model kept risk low through long-term relationships. Lenders knew borrowers personally, over a long time; lenders kept loans for the long-term; …

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The Subprime Mortgage Mess: Viewed From a 12-Year Rear View MirrorHuffington Post, NY -2 hours agoInterestingly, the government — via Fannie Mae and Ginnie Mae — led the way to securitizing mortgages; they set product standards and made guarantees, …

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Sydney Morning Herald

Low-doc loans hit $8.8bSydney Morning Herald, Australia -51 minutes agoHopeful home buyers undeterred by higher interest rates and stresses in the US mortgage market have pushed the value of low-documentation mortgage loans in …

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Best Syndication

The availability of poor credit loansBest Syndication, CA -1 hour agoThe number of individuals with good credit is decreasing rapidly, thus establishing the need for poor credit loans. This is largely owing to the fact that …Erase debt worries with consolidation loansBest SyndicationDebt consolidation loans – Proceed with cautionBest SyndicationDebt Consolidation Secured Loan – Securing Your [...]

KATU

Lenders banking on home refinancing pitchesLos Angeles Times, CA -3 hours agoDespite the mortgage meltdown, the blizzard of advertising for home loans continues. With the sub-prime market in tatters in the wake of record defaults and …Investors look beyond loss at CountrywideLos Angeles TimesCountrywide Posts Loss as Borrowers Default on Loans (Update2)BloombergLending giant suffers big lossHouston ChronicleBusinessWeek - [...]

The Asian Banker (subscription)

Fitch places TMB Bank on rating watch evolvingThe Asian Banker (subscription), Singapore -2 hours agoFitch Ratings has placed TMB Bank Public Company Limited's (TMB) Long-term foreign currency Issuer Default Rating (IDR) of 'BB+', Short-term foreign …

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More firms get SBA loans, but dollars declineSacramento Business Journal, CA -39 minutes agoThe Small Business Administration approved more loans for less money through its primary lending program in 2007. The SBA approved 99607 7(a) business loans…SBA Streamlines Loan GuaranteesInc.comall 14 news articles

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Study Links Lenders to Swift ForeclosuresNew York Times, United States -2 hours agoBy MANNY FERNANDEZ In neighborhoods in Brooklyn, Queens and the Bronx hit hard by the subprime lending crisis, mortgages had the shortest of life spans …

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Old-time banking pays off for AstoriaNewsday, NY -2 hours agoTurmoil in the mortgage market, caused by defaults on home loans, has led to a new appreciation of traditional savings institutions, especially one such as …Riskier Commercial Loans SurgeKorea TimesAll's fair in a dirty little lending warThe AgeWho’s Going to Take the Financial Weight?New York Timesall 4 news [...]

50 Connect

Time to avoid a subprime futureMSNBC -2 hours agoMany borrowers were confused and deceived by the tactics used to sell subprime loans. Largely unregulated mortgage brokers falsified borrowers' incomes, …Good sense in housingToledo BladeThe Orange Grove: Learn the lessons of subprimeOCRegisterBrown County holds own as foreclosures surgeGreen Bay Press GazetteCNNMoney.com - Austin American-Statesman (subscription)all 39 news [...]