The loan blog

Property News PM, Fri 1st Aug – Report into state of mortgage financing in UK …Landlord Expert, UK -15 hours agoThe Council of Mortgage Lenders (CML) has welcomed the interim Crosby report into the state of mortgage financing in the UK, stating that it confirms its …A recipe for a recovery in UK house pricesTelegraph.co.ukHousing market When [...]

Boston Globe Senators prod Patrick on student loansBoston Globe, United States -47 minutes agoThe state Senate is urging Governor Deval L. Patrick to help restore student loan funds at the Massachusetts Educational Financing Authority, …Mass. launches Web site to help students get loansBusinessWeekStudents Scramble to Secure New Loans as Dozens of Lenders Drop OutABC NewsStudent Loan Assistance [...]

Chrysler Says It's Ahead of Fiscal PlanWall Street Journal -1 hour agoThe structure of the financing is known as a conduit — long-term assets such as leases and car loans are used to back short-term loans. … More: continued here

Mortgages Ltd. to offer Tempe development more fundingAZ Central.com, AZ -2 hours ago1, 2008 07:23 PM Bankrupt real-estate lender Mortgages Ltd. is working on a plan to provide more financing to the developer of the Centerpoint condominium …Committee to represent Mortgages' investorsAZ Central.comall 2 news articles More: continued here

Earthtimes (press release) Bank of the Carolinas Corporation Reports Second Quarter Financial …MarketWatch -4 hours agoWhile excessive land development and construction credits have proven troublesome to the industry, these loans at Bank of the Carolinas remain relatively …TierOne Corporation Reports Financial Results for Second Quarter 2008WELT ONLINECapitalSouth Bancorp Announces Second Quarter 2008 ResultsMarketWatchLSB Financial Corp. Announces [...]

Fitch Takes Various Actions on 89 CWMBS 2005-2007 Alt-A DealsMarketWatch -5 hours agoNEW YORK, Aug 01, 2008 (BUSINESS WIRE) — Fitch Ratings has taken various rating actions on the 89 CWMBS (Countrywide Home Loans, Inc.) Alt-A RMBS …Fitch Takes Multiple Rating Actions on LaSalle 2007-MF5Business Wire (press release)TEXT-Fitch report on Spanish corporate sectorsReutersFitch Downgrades & Removes [...]

Hampton Roads Bankshares Announces Second Quarter Financial …MarketWatch -4 hours agoDespite an increase of more than $118 million in total average loans, our net interest income was off 6% from this time last year. …Mission Oaks Post 24th Consecutive Profitable QuarterMarketWatchTHOUSAND OAKS, CA, Jul 29, 2008 (MARKET WIRE via COMTEX …MarketWatchall 23 news articles More: continued [...]

TEXT-Fitch report on Spanish corporate sectorsReuters -14 hours agoFitch will closely monitor liquidity management for entities with high leverage and sizeable short-term debt payment obligations following acquisitions. … More: continued here

VNUNet.com Two charged in scam to sell Countrywide dataSan Francisco Chronicle,  USA -56 minutes agoBy THOMAS WATKINS, AP Writer Two men, including a former Countrywide Home Loans employee, were charged Friday in a scam to steal and sell the private …Identity thieft implicates Countrywide Home Loan analystInland Empire NewsTwo arrested in identity theft scam at CountrywideSan [...]

Home improvement loans'up 20%'The Press Association -2 hours agoThe bank said personal loan applications for home improvement work were 19% higher during the first six months of the year than they had been during the … More: continued here