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Archive for September, 2009

CIT Group on Brink Of Collapse — Again – Washington Post

by @ Wednesday, September 30th, 2009. Filed under Loans

ABC News

CIT Group on Brink Of Collapse — AgainWashington PostCIT, with an estimated $75 billion in assets, provides critical short-term financing that helps manufacturers make and deliver goods to shops and retail …CIT scrambling to line up 11th hour rescue: reportsMarketWatchReport: CIT Group again on brink of collapseThe Associated PressCIT in Last-Ditch Rescue BidWall Street [...]

Fast Personal Loans for Bad Credit – Better than Payday Loans – Subprime Blogger

by @ Wednesday, September 30th, 2009. Filed under Loans

PR-Inside.com (Pressemitteilung)

Fast Personal Loans for Bad Credit – Better than Payday LoansSubprime BloggerFast personal loans for bad credit are a way to get money without having to get a payday loan. Sometimes payday loans are much quicker than personal loans…Bad Credit Car Loans Go MobileAuto Credit Express (blog)Pre Approved Auto Loans – Upside Down Car [...]

Wall Street Wizardry Reworks Mortgages – Wall Street Journal

by @ Wednesday, September 30th, 2009. Filed under Mortgages

Wall Street Wizardry Reworks MortgagesWall Street JournalThe popular deals are known as "re-remic," which stands for resecuritization of real-estate mortgage investment conduits. The way it works is that insurers …and more »

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Banks Bite Bullet on Loans – Wall Street Journal

by @ Wednesday, September 30th, 2009. Filed under Loans

Miami Daily Business Review

Banks Bite Bullet on LoansWall Street JournalBanks and loan investors are starting to bite the bullet and lower the principal due on home mortgages for some struggling borrowers, …Foreclosure Rate Rises 17 PercentWashington PostOCC: Loan Modifications Rising Faster than Delinquencies?MortgageNewsDaily.comNearly 1M bank foreclosures in progressBizjournals.comUnited Press International -ABC News -Wall Street Journalall 60 news [...]

CREDIT MARKETS: Issuance Continues, Despite Disappointing Data – Wall Street Journal

by @ Wednesday, September 30th, 2009. Filed under Loans

CREDIT MARKETS: Issuance Continues, Despite Disappointing DataWall Street JournalProspects for junk bonds have improved but loans left from the leveraged buy-out, or LBO, boom remain a burden on banks and investors, restricting future …Treasurys Buoy Credit Markets, but Junk Is KingWall Street Journalall 2 news articles »

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Mortgage Interest Rates Hit New Lows – American Banking News

by @ Wednesday, September 30th, 2009. Filed under Mortgages

PR-Inside.com (Pressemitteilung)

Mortgage Interest Rates Hit New LowsAmerican Banking NewsMortgage interest rates are sitting at about the lowest they have ever been. The averaged 30-year fixed rate loan is hovering at about 4.97% and the average …Obama's Federal Loan Modification Plan Is Finally HereOpEdNewsall 45 news articles »

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Payday Lenders Still Charge High Rates – Youngstown Business Journal

by @ Wednesday, September 30th, 2009. Filed under Loans

Live-PR.com (Pressemitteilung)

Payday Lenders Still Charge High RatesYoungstown Business JournalThe report, released Tuesday, confirms initial findings that payday lenders in the state are circumventing the new Ohio Short-Term Loan Act, …Report: Payday lenders skirt lawCincinnati.comPayday lenders using loopholesColumbus DispatchPayday lenders still overcharge, despite Ohio law, study showsYoungstown VindicatorAppleton Post Crescent -The Plain Dealer – cleveland.com -Live-PR.com (Pressemitteilung)all 17 [...]

Bill would help students access federal loan program – Asbury Park Press

by @ Wednesday, September 30th, 2009. Filed under Loans

New York Times

Bill would help students access federal loan programAsbury Park PressMIDDLETOWN — Student loans would be more accessible and would be made through a federal Direct Loan…Why students should care about student loan legislationStudent LifeStudents rally to support loan billWeb DevilHouse passes big change in college loan programNew York’s PIX11 / WPIX-TVDiamondback Online -Daily Aztec -Web [...]

Government tweaks mortgage-change efforts – Philadelphia Inquirer

by @ Wednesday, September 30th, 2009. Filed under Mortgages

Government tweaks mortgage-change effortsPhiladelphia InquirerAs unemployment and falling prices continue to boost the number of mortgage delinquencies nationwide, the US Departments of Treasury and …and more »

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Corus Bank loan buyer could resell loans – Bizjournals.com

by @ Wednesday, September 30th, 2009. Filed under Loans

Corus Bank loan buyer could resell loansBizjournals.comWhoever buys Corus Bank's $4 billion commercial real estate loan portfolio out of receivership likely will resell many of the projects shortly after the …and more »

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