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Archive for October, 2009

USDA approves $46M in loans for Jamestown hospital – Grand Forks Herald

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

USDA approves $46M in loans for Jamestown hospitalGrand Forks HeraldConstruction of the Jamestown Regional Medical Center is expected to begin this fall, thanks to $46 million in loans from the US Department of Agriculture. …Low-interest home repair loans offeredLincoln Journal StarUSDA approves Jamestown Hospital fundingJamestown Sunall 11 news articles »

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Will the shake-up of Britain’s banks have mixed results? – guardian.co.uk

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

Times Online

Will the shake-up of Britain's banks have mixed results?guardian.co.ukThe regulator wants lenders to back mortgages with deposits as a key safety measure. Yet, we have an environment where there is no growth in net savings. …A financial services shake-up is set to revolutionise high street bankingScotland on SundayGovernment to set up bank chainsBBC NewsDarling [...]

Federal Home Loan Bank of Atlanta Declares Third Quarter Dividend – Reuters

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

DSNews.com

Federal Home Loan Bank of Atlanta Declares Third Quarter DividendReutersATLANTA, Oct. 30 /PRNewswire/ — The Board of Directors of Federal Home Loan Bank of Atlanta (the Bank) has approved an annualized dividend rate for the …Federal Home Loan Banks Post LossesWall Street JournalRegent Bank grows loans 10% in Q3South Florida Business JournalBeach Business Bank Announces [...]

Nationwide woos first-time buyers with 90% loan-to-value mortgage – guardian.co.uk

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

Nationwide woos first-time buyers with 90% loan-to-value mortgageguardian.co.ukCustomers seeking the 90% LTV mortgage must apply through the branch network. Photograph: David Sillitoe First-time buyers who have struggled over the past …

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Federal government takeover of college loan pool in works – Kansas City Star

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

Federal government takeover of college loan pool in worksKansas City StarThe change, perhaps as soon as July, would end the Federal Family Education Loan program that has dominated the federal student loan pool for more than 40 …and more »

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UPDATE 1-Fannie Mae Aug delinquencies jump; Sept portfolio grew – Reuters

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

MonitorBankRates.com

UPDATE 1-Fannie Mae Aug delinquencies jump; Sept portfolio grewReutersN), the largest provider of funding for US home mortgages, said on Friday that delinquencies on loans it guarantees accelerated in August, …Mortgage Rates Rise This Wk; 30-Yr Fixed At 5.03% -FreddieWall Street JournalCongress Passes Higher Loan Limit Extension for Federally-Backed MortgagesDSNews.comMortgage rates stall New Mexico Business [...]

Little scrutiny for loans bought by Goldman – MiamiHerald.com

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

Little scrutiny for loans bought by GoldmanMiamiHerald.comGoldman Sachs Group got into the residential mortgage business in 1984, and for 17 years, it ran a staid operation that simply bought and sold loans. …and more »

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IRS Offers Tax Relief for Jumbo Home Mortgages – ABC News

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

ABC News

IRS Offers Tax Relief for Jumbo Home MortgagesABC NewsThe Internal Revenue Service has delivered a valuable gift to those with $1 million-plus mortgages on their mansions. …and more »

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Short-term home sale forecast is dim, but promising market signs emerge – Albany Business Review

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

Short-term home sale forecast is dim, but promising market signs emergeAlbany Business ReviewIn the short term, it's unlikely, according to some local real estate veterans. But, over the long run, they are optimistic the market will make a strong …

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Congress Passes Higher Loan Limit Extension for Federally-Backed Mortgages – DSNews.com

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

MonitorBankRates.com

Congress Passes Higher Loan Limit Extension for Federally-Backed MortgagesDSNews.comLegislation was approved by both the House and Senate Thursday that extends the higher loan limits currently in place for mortgages backed by Fannie Mae, …Mortgage Rates Rise This Wk; 30-Yr Fixed At 5.03% -FreddieWall Street Journalus mortgage rates hold just above 5 percent: FreddieReutersMortgage rates stall [...]

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