The loan blog

Producers' Plight Warrants Better Income Stabilisation and Short…ThePigSite.com, UK -Nov 28, 2007They'd also like to see short-term loans made available to pig producers and an immediate advance against future CAIS payments. "The federal and provincial …

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ABC News

US Urges Freezing Some Rates on LoansNew York Times, United States -1 hour ago30 — The Treasury Department is leaning on mortgage lenders to temporarily freeze the interest rates on subprime loans for homeowners threatened with …Subprime loan plan under developmentKansas City StarPaulson, Banks in Talks to Stem Surge in Foreclosures (Update5)BloombergPaulson's Plan to Punish [...]

NISP to increase loans by 30%Jakarta Post, Indonesia -37 minutes agoBank NISP expects to increase its lending by up to 30 percent next year, and to extend at least 50 percent of this to small and medium enterprises (SMEs) …

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E*Trade Boosts Some RatesWall Street Journal -29 minutes agoFor savers, E*Trade's move presents an opportunity to take advantage of rates that are among the highest available on short-term deposit accounts and are …

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Subprime MortgagesWREX-TV, IL -5 minutes agoWASHINGTON – The Bush administration and the mortgage industry have been continuing discussions about a proposal to temporarily freeze interest rates on …

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CNN-IBN

No recovery agents for loans under Rs 10 lakhSify, India -1 hour agoAfter the Mumbai police, the Reserve Bank of India (RBI) is now leaning on banks to rein in their loan recovery agents. Draft guidelines put out on Friday …RBI mandates training for loan recovery agentsEconomic TimesRBI favours Lok Adalat forum for loan recoveryHindu Business LineRBI [...]

KBCI CBS 2

CORRECTION: Attempt to freeze sub-prime rates could lead to …CNNMoney.com -4 hours agoOne obvious problem with the proposal is that in many cases, the sub-prime loans in question have already been securitized and sold to investors. …Daniel Weintraub: Governor to borrowers: Get help before too lateSacramento BeeAP Executive Morning BriefingThe Associated Pressall 650 [...]

Philadelphia Inquirer

Florida Schools Struggle to Pay Teachers Amid Freeze (Update4)Bloomberg -2 hours agoThe Jefferson County school district was forced to take out a short-term loan to cover payroll for the 220 teachers and other employees in the system after …Florida School Fund Rocked by $8 Billion PulloutBloombergFlorida Freezes Its Fund as Governments Pull OutNew York TimesFlorida [...]

Scotiabank Offers $17 Loans in Peru, Snubs US Peril (Update2)Bloomberg -3 hours agoScotiabank is targeting stores in Latin America, offering loans and credit cards to clients with little or no banking history at a time when many North …

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CNN-IBN

RBI mandates training for loan recovery agentsEconomic Times, India -3 hours agoBankers say that if the draft guidelines are implemented in total, it will discourage them in giving retail loans. Already a number of banks have stopped …RBI favours Lok Adalat forum for loan recoveryHindu Business LineRBI issues guidelines for engaging recovery agentsHinduRBI issues draft guidelines for [...]