The loan blog

Borrowing against tax refund getting tougherThe Virginian-PilotNot only are consumer advocates denouncing the short-term loans, but the Internal Revenue Service may tighten rules for them and banks are less willing to … More: continued here

AFP SBA office in ND: Loan activity increasesJamestown SunThe North Dakota District Office of the Small Business Administration has seen its fiscal year 2010 first-quarter loan activity increase by 218 percent as …The White House Message to Small BusinessCurrentMomObama calls for beefed up small-business loansWashington PostObama Proposes Expansion of Small Business LoansFOXNewsCNNMoney.com -BusinessWeek -Times Herald-Recordall 694 news [...]

TopNews United States Mortgage giants GSEs in limbo: In housing, a dangerous policy vacuum grows.Washington PostContinuing to pump taxpayer money into Fannie and Freddie so that they can continue to securitize home mortgages — the Treasury Department has covered $111 …Mortgage Rate Back Above 5%Wall Street JournalMortgage rates move little over week: Freddie MacMarketWatchFannie, Freddie [...]

Medill Reports: Chicago Reform May Keep Credit Card Debt at Downward PaceeCreditDaily.comNon-revolving credit led by auto loans increased $6.8 billion, or 5.2 percent, to $1.591 trillion in December, indicating a climb in car sales. …US Consumer Credit Fell for 11th Straight MonthBusinessWeekBusiness briefsWilkes Barre Times-Leaderall 165 news articles » More: continued here

loan rates hold steadyEconomic TimesWhile a 0.75 percent hike in the CRR can put some upward pressure on short-term rates, long-term rates are unlikely to be affected in the near future. …and more » More: continued here

HOUSING: Federal effort to help homeowners revives risky mortgagesNorth County TimesNo, this isn't a recap of the variable-rate, interest-only loans of the Amazing Aughts that led to record numbers of defaults. It's a description of the …House Committee Opens Investigation Into Treasury's Mortgage Modification ProgramHuffington Post (blog)Treasury plan will hasten modifications to mortgagesNewsOK.comWells Fargo Refinance [...]

FreeRateUpdate.com Mortgage Rates Remain Flat: 30 Year Mortgage Rates at 5.01%MonitorBankRates.com15 year jumbo mortgage loans are averaging 5.21% this week, down from the prior week's average mortgage loan rate of 5.24%. Conforming 1 year adjustable …Home Mortgage Refinance Loan with Bad CreditBrentwood PressBad Credit Home Loans– Find the Lowest Possible Mortgage Interest RatesSubprime Blogger (blog)Money [...]

Assembly bill proposes limits on payday loansMilwaukee Journal SentinelMadison — Assembly Democrats would limit payday loans to $600 and bar borrowers from taking out more than one loan…and more » More: continued here

creditfyi.com Low FHA Mortgage Rates and First Time Home Buyer Tax Credit Extension Helping?Subprime Blogger (blog)There is very little argument that can be made that mortgage rates are very close to an all time low. The amount of refinancing activity has come down so …Loans for Green HomesNew York TimesMortgage insurance won't last foreverBankrate.comReports Keep [...]

Washington Post CORRECT: UPDATE: GMAC Posts 4Q Loss On Year-Earlier GainWall Street JournalAdditionally, ResCap, which was an issuer of mortgages to low documented borrowers, expects to see claims on these loans, which may force the company to …GMAC reports massive fourth-quarter loss on mortgagesNASDAQGMAC Continues To Pare Down Loan PortfolioAtlantic OnlineGMAC Pares Investment Portfolio To [...]