The loan blog

The Star-Ledger – NJ.com

Help for student loans soughtThe Detroit News, MIAmong them are Kelly Hurd, 28, a Newport psychologist who owes $40000, and Erin Trainor, 33, a Livonia charter school teacher who earns $40000 a year but faces $70000 in loan debt. Nearly 200000 people with outstanding student loans have joined forces …Financing federally guaranteed [...]

Industry Fears Americans May Quit New Car HabitNew York Times, United StatesIn recent years Americans appeared to be hooked on it and took advantage of home equity loans, easy credit and cheap short-term lease deals to send new-car sales to levels of more than 17 million a year. Now the market has collapsed by 46 percent [...]

Despite Elimination, Cavaliers Remain a Model FranchiseNew York Times, United StatesThe rule applies to bankers and receptionists alike at Quicken Loans, the mortgage company Gilbert founded. “There's our philosophy, and everything else sits on top of that,” Gilbert, the majority owner of the Cleveland Cavaliers, said Friday in a …KEITH CRAIN: Maybe there is a new [...]

Obama Saving GM Needed Dealmaker Team to Break It in BankruptcyBloomberg“While the Chevy Volt holds promise, it will likely be too expensive to be commercially successful in the short term,” the task force said in its report rejecting gm's viability plan. The March 26 gathering at the White House, when Obama, his aides and …

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HispanicBusiness.com

SBA will guarantee floorplan loansAutomotive NewsWhen the Small Business Administration last week broadened its loan guarantee program to include dealership floorplans, it was a victory for dealers — but a limited one. The guarantees apply to 75 percent of loan amounts ranging from $500000 to $2 …Ask Money Builder: How Do I Get a Small-Business [...]

KKR Said to Agree Loan Pricing for Oriental Brewery AcquisitionBloombergBy Shelley Smith and Jungmin Hong June 1 (Bloomberg) — KKR & Co., the private-equity firm run by Henry Kravis and George Roberts, agreed to pay interest of 6 percentage points more than benchmark rates for loans to pay for its buyout of Anheuser-Busch …

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Reuters

Mortgage rates rise, set to go higherSan Francisco Chronicle,  USAAP Rates on 30-year home loans rose last week and were poised to go higher as investors demanded higher rates for long-term government debt, which is closely tied to mortgage rates. Freddie Mac said Thursday that average rates on 30-year fixed-rate …Mortgage rates jump in OhioBizjournals.comUS [...]

Daily Mail

Cameron: Probe mortgage claim MPsThe Press AssociationMPs who claimed from the taxpayer for non-existent mortgages should "face the full force of the law", David Cameron has said after one of those who made such claims said he would quit as an MP. The Tory leader urged Scotland Yard, which is considering …Police action urged [...]

NH gov looks at taxes on mortgage refinancing, NHProduct Design & Development, NJBy AP CONCORD, NH (AP) — Homeowners who refinance their mortgages would face new taxes under a plan being considered by New Hampshire Gov. John Lynch. The New Hampshire Sunday News reports that Lynch is looking at taxing refinancing deals the same way …

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Treasuries, Dollar 'Only Game in Town' as China BuysBloomberg“In the back of everyone's mind there's a realization that although the short-term fiscal situation is difficult, so too is the long-term situation. People are looking down the road, seeing budget deficits remaining wide and they are thinking the US …Market Week Wrap-upFxtraders.euall 3 news articles

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