The loan blog

Student Loans Start to Bypass 2-Year CollegesNew York Times, United States -1 hour agoThe practice suggests that if the credit crisis and the ensuing turmoil in the student loan business persist, some of the nation’s neediest students will be …Tough Assignment: Find College LoansWall Street JournalLocal colleges confident on student loansGreenville NewsHow to Finance College Without BanksTheStreet.comMyrtle [...]

China Daily New hope for SMEsChina Daily, China -1 hour agoRealizing that the credit control policy may intensify SMEs' difficulties in getting loans from banks, the China Banking Regulatory Commission (CBRC), …Credit crunch hits smaller businessesChina Dailyall 2 news articles More: continued here

Paulson Finds Fed Won't Help With One-Year T-Bills (Update1)Bloomberg -50 minutes agoThe Fed boosted its sales this year as policy makers raised the size of the biweekly Term Auction Facility, which makes 28- day loans to commercial banks, …Friday’s Home Sales Report and the Sorry State of BankingGlobal PoliticianInvestment houses pull back on emergency Fed loansThe [...]

Primary loans market continues to reel from the credit turmoilFinancial News, UK -14 minutes agoAdd to this the fact that the average bid prices on benchmark leveraged loans trading in the secondary market have rebounded to above 90 cents on the dollar … More: continued here

Cash-rich Middle East investors sought in 'sukuk' issuanceJakarta Post, Indonesia -1 hour agoBonds will be issued through both domestic and international markets, with long-term and short-term options. As of April 2008, the government has issued Rp … More: continued here

Tougher mortgage rules having the desired effectMinneapolis Star Tribune, MN -2 hours agoBy JIM BUCHTA, Star Tribune With home sales falling, underwriting standards rising and the use of government-sponsored mortgages soaring, the mortgage… More: continued here

Hire purchase loans to grow in line with TIVMalaysia Star, Malaysia -56 minutes agoBANKS are still optimistic on the hire purchase loan segment in line with the recovery in the domestic auto industry. Malayan Banking Bhd head of consumer … More: continued here

The Washington Independent Jittery Banks Cutting Dividends; Move to Conserve Capital Can Send …Black Enterprise, NY -3 hours agoBy PAUL GORES With increasing numbers of shaky loans and a growing interest in preserving capital, many banks have been suspending or cutting their …UPDATE 3-US bank earnings tumble, hurt by property loansReutersWeak earnings and bad loans plague Florida [...]

NAB to pilot fair loans inSeeking Media (press release), Australia -7 minutes agoNational Australia Bank (NAB) today launched a small loans pilot designed to introduce fairer lending into the fringe credit market in Australia. … More: continued here

Delek Belron, Phoenix buy loans from European bankGlobes, Israel -10 hours agoDelek Belron and Phoenix purchased the loans through a subsidiary set up for this purpose, which they own in equal shares. They paid €58 million. … More: continued here