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Archive for February 8th, 2010

Fed’s Bullard: Fed Could Keep Interest Rates Low Until 2012 – FOXBusiness

by @ Monday, February 8th, 2010. Filed under Mortgages

Washington Post Fed's Bullard: Fed Could Keep Interest Rates Low Until 2012FOXBusinessHe said “damaged” mortgage and financial markets remain a drag on the economy. He added he does not expect a double-dip recession, which some analysts fear, …Fed's Bullard: Housing should be key in reformReutersFederal Reserve hopes clear exit strategy will boost market confidenceWashington Postall [...]

UK Should Impose Sanctions to Boost Loans: Panel – New York Times

by @ Monday, February 8th, 2010. Filed under Loans

Daily Mail UK Should Impose Sanctions to Boost Loans: PanelNew York Times… to encourage the country's bailed-out lenders to meet loan promises made as a condition of receiving taxpayer support, lawmakers said in a report. …Alistair Darling criticised over hidden £18bn indemnity planThe Guardianall 19 news articles » More: continued here Powered by SmartRSS

Cavaliers remove water fountains from home arena – USA Today

by @ Monday, February 8th, 2010. Filed under Loans

Plain Dealer (blog) Cavaliers remove water fountains from home arenaUSA TodayCiting concerns over swine flu, the team said Monday that all drinking water fountains have been removed from Quicken Loans Arena to reduce the spread of …Cleveland Cavaliers Remove Water Fountains Over Health ConcernsPlayer PressMarla Ridenour: Is Cavs' fountain decision all wet?Akron Beacon JournalCleveland Cavaliers [...]

Credit unions seek larger share of business loans – Washington Post

by @ Monday, February 8th, 2010. Filed under Loans

Credit unions seek larger share of business loansWashington PostThe names of small businesses seeking loans are scrawled across a whiteboard in the Bethesda offices of Mid-Atlantic Financial …Arrowhead Credit Union posts fourth-quarter profitContra Costa Timesall 4 news articles » More: continued here

SBA chief says administration is asking Congress to extend loan guarantees – Bizjournals.com

by @ Monday, February 8th, 2010. Filed under Loans

MyBankTracker.com SBA chief says administration is asking Congress to extend loan guaranteesBizjournals.comThese efforts, Mills says, include asking Congress for additional funding for its loan programs. In February of 2009, the SBA received $730 million in …SBA loans increase in southeast WisconsinMilwaukee Business JournalSBA loan expansion 'can only be helpful' to small businessesNJBIZLatest SBA Expansions Include [...]

Almost 10% of jumbo mortgages ‘seriously delinquent’ – USA Today

by @ Monday, February 8th, 2010. Filed under Mortgages

FreeRateUpdate.com Almost 10% of jumbo mortgages'seriously delinquent'USA Today"Serious delinquencies" on prime jumbo mortgages rose again last month, nearing 10%, Fitch Ratings has announced. It marked the 32nd straight monthly …Jumbo Mortgage'Serious Delinquencies' Rise to 9.6%BusinessWeekall 13 news articles » More: continued here

No Exit in Sight for US As Fannie, Freddie Flail – Wall Street Journal

by @ Monday, February 8th, 2010. Filed under Loans

eCreditDaily.com No Exit in Sight for US As Fannie, Freddie FlailWall Street JournalWorries about potential insolvency would cripple their ability to fund home loans, which would hamstring the market. Second, the companies are a convenient …Housing market: New standards needs for Freddie and FannieHousing market: Set …Sun-SentinelFreddie Mac's Outreach: A New Phase in Foreclosure RescueseCreditDaily.comThe [...]

Mortgage Mess Breeds Unlikely Allies – Wall Street Journal

by @ Monday, February 8th, 2010. Filed under Mortgages

Mortgage Mess Breeds Unlikely AlliesWall Street JournalBruce Marks, a community activist from Boston, has long denounced investors in mortgage securities as "predators," accusing them of …Mortgage investors try to regroup after meltdowneTaiwan Newsall 7 news articles » More: continued here

BRT Realty Trust Reports Results of Operations for the First Quarter of Its … – CNNMoney.com (press release)

by @ Monday, February 8th, 2010. Filed under Loans

BRT Realty Trust Reports Results of Operations for the First Quarter of Its …CNNMoney.com (press release)Mr. Gould continued, "We actively pursue lending activities, and are experiencing an increased level of interest in short-term bridge lending. …and more » More: continued here

Almost 10% of ‘jumbo’ mortgages ‘seriously delinquent’ – USA Today

by @ Monday, February 8th, 2010. Filed under Mortgages

FreeRateUpdate.com Almost 10% of 'jumbo' mortgages'seriously delinquent'USA Today"Serious delinquencies" on prime "jumbo" mortgages rose again last month, nearing 10%, Fitch Ratings has announced. It marked the 32nd straight monthly …Jumbo Mortgage'Serious Delinquencies' Rise to 9.6%BusinessWeekall 13 news articles » More: continued here

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