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Archive for January, 2009

Legislators at odds over federal stimulus aid – San Francisco Chronicle

by @ Saturday, January 31st, 2009. Filed under Loans

Legislators at odds over federal stimulus aidSan Francisco Chronicle,  USA -3 hours agoThe governor's budget proposal includes nearly $10 billion in borrowing from Wall Street to bridge the budget deficit: $4.7 billion in short-term loans and …

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Home Federal Bancorp, Inc. Announces First Quarter Results – MSNBC

by @ Saturday, January 31st, 2009. Filed under Loans

Los Angeles Business Journal

Home Federal Bancorp, Inc. Announces First Quarter ResultsMSNBC -15 hours agoAlso, the Bank broke ground on its sixteenth banking office; * Nonperforming and delinquent loans increased significantly as unemployment and real estate …Oak Valley Bancorp Reports 4th Quarter ResultsCNNMoney.comBeacon Federal Bancorp, Inc. Announces Financial Results for the …MSNBC1st Pacific Bancorp Reports [...]

Schnurman: Almost all good news for Cash America – Fort Worth Star Telegram

by @ Saturday, January 31st, 2009. Filed under Loans

Schnurman: Almost all good news for Cash AmericaFort Worth Star Telegram, TX -39 minutes agoThose short-term loans generally carry fees of $15 to $20 for each $100 advance, and when that’s converted to an annual percentage rate, the number can top …

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Sheila Bair shakes up Washington, Wall Street – The Associated Press

by @ Saturday, January 31st, 2009. Filed under Mortgages

The Associated Press

Sheila Bair shakes up Washington, Wall StreetThe Associated Press -1 hour agoMonths after she was confirmed, the agency's top economist warned trouble was brewing with mortgages made to borrowers with poor credit. …

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At most bailed-out banks, teams at the top remain – Dallas Morning News

by @ Saturday, January 31st, 2009. Filed under Mortgages

ABC News

At most bailed-out banks, teams at the top remainDallas Morning News, TX -20 hours agoSome led the rush into subprime mortgages. Others followed. Many executives on the list are small-town executives who earn a fraction of Wall Street …Many Meltdown Execs Oversee Bailout FundsNewsNet5.comall 233 news articles

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General Growth gets 6-week loan payment extension – Forbes

by @ Saturday, January 31st, 2009. Filed under Loans

General Growth gets 6-week loan payment extensionForbes, NY -3 hours agoThe company announced the agreement Friday night as a deadline on the loans was expiring. The new deadline is March 15. The loan totals were not disclosed …

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Mortgage crisis spreads to more affluent areas of Silicon Valley – San Jose Mercury News

by @ Saturday, January 31st, 2009. Filed under Loans

Mortgage crisis spreads to more affluent areas of Silicon ValleySan Jose Mercury News,  USA -45 minutes agoExperts say it's likely that foreclosures will hit these more affluent areas as layoffs mount, home values drop and adjustable-rate loans reset. …

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Refinancing? Mortgage Lenders Attaching Troublesome Restrictions – Hartford Courant

by @ Saturday, January 31st, 2009. Filed under Mortgages

Refinancing? Mortgage Lenders Attaching Troublesome RestrictionsHartford Courant, United States -3 hours agoLong gone are the days when lenders would accept a credit score of 620 or finance 100 percent of the mortgage. Equity — the difference between what a …Chattanooga: Mortgage refinancing boomsChattanooga Times Free Pressall 3 news articles

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TEXT-Fitch on 6 classes of GMACC 2001-C2 – Reuters

by @ Saturday, January 31st, 2009. Filed under Loans

TEXT-Fitch on 6 classes of GMACC 2001-C2Reuters -4 hours agoTwenty-seven loans (32.8%) have fully defeased as of January 2009. Currently, Fitch has identified 18 Loans of Concern (26.9%), including five specially …TEXT-Fitch on Banc of America Large Loans 2004 BBA4Reuters UKFitch affirms stable outlook for Indian banksNDTV.comFitch lowers rating outlook on CaterpillarForbesMarketWatch - Forbesall 172 [...]

FDIC chairman shakes up Washington, Wall Street – The Associated Press

by @ Saturday, January 31st, 2009. Filed under Mortgages

The Associated Press

FDIC chairman shakes up Washington, Wall StreetThe Associated Press -3 hours agoMonths after she was confirmed, the agency's top economist warned trouble was brewing with mortgages made to borrowers with poor credit. …

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