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Archive for March 7th, 2010

Eugene home buyers encounter short sale frustration as a ” Good Deal” is … – Examiner.com

by @ Sunday, March 7th, 2010. Filed under Mortgages

Richmond Times Dispatch Eugene home buyers encounter short sale frustration as a " Good Deal" is …Examiner.comMortgage servicers/banks are now paid $850 to review a file and an additional $1500 to successfully adjust the mortgages they service for investors. …Obama Plan To Modify Second Mortgages Has Yet To Help One HomeownerHuffington Post (blog)Refinancings decline in [...]

ICBC Plans No Fund Raising; 2009 Loans Hit Record – BusinessWeek

by @ Sunday, March 7th, 2010. Filed under Loans

Reuters ICBC Plans No Fund Raising; 2009 Loans Hit RecordBusinessWeekChina's banks doled out a combined 9.59 trillion yuan ($1.4 trillion) in new loans last year, helping the government engineer a turnaround in the world's …CHINA NPC: ICBC President: 2009 Loan Growth 24.27%Wall Street JournalICBC's 2009 total loan growth fastest in 3 yrsReutersICBC reports 2009 loan [...]

China to Nullify Loan Guarantees by Local Governments – BusinessWeek

by @ Sunday, March 7th, 2010. Filed under Loans

China to Nullify Loan Guarantees by Local GovernmentsBusinessWeekMarch 8 (Bloomberg) — China plans to nullify all guarantees local governments have provided for loans taken by their financing vehicles as concerns about …and more » More: continued here

Stocks, Commodities, Forex Overview: Must Watch Forces and Events, March 8-12 … – Seeking Alpha (blog)

by @ Sunday, March 7th, 2010. Filed under Loans

Stocks, Commodities, Forex Overview: Must Watch Forces and Events, March 8-12 …Seeking Alpha (blog)Additionally, rising risk appetite, which will benefit further from a likely short term loan guarantee for Greece that allows it to sell more bonds at …and more » More: continued here Powered by SmartRSS

US Treasury Scrambling to Offload Junk Bought During 2009 Bailout Frenzy – The Market Oracle

by @ Sunday, March 7th, 2010. Filed under Loans

The Business Insider US Treasury Scrambling to Offload Junk Bought During 2009 Bailout FrenzyThe Market OracleBut these bad loans are a hot potato that no one wants! Fannie and Freddie certainly don't want them. Just since 2007, they've already lost $202 billion on …Attack bank policies, not executive bonusesSun-SentinelLenders Face Headwinds As Mortgage Buybacks EscalateWall [...]

Japan Feb bank loans fall 1.5 pct – BOJ – Reuters

by @ Sunday, March 7th, 2010. Filed under Loans

BigPond News Japan Feb bank loans fall 1.5 pct – BOJReutersTOKYO, March 8 (Reuters) – Outstanding loans held by Japanese banks fell 1.5 percent in February from a year earlier, matching a decline in January which …Japan's Bank Loans Decrease in FebruaryCRIENGLISH.comJapan Feb Bank Lending -1.6%, 3rd Y/Y Drop In Row; Jan -1.7%Market News InternationalJGB [...]

Defaulted Loans May Haunt Seniors – Wall Street Journal

by @ Sunday, March 7th, 2010. Filed under Loans

Defaulted Loans May Haunt SeniorsWall Street JournalThe Treasury currently withholds benefits of 3.1 million Social Security recipients to recover defaulted student-, farm- and small-business loans, …and more » More: continued here

Treasuries Replace Munis as Brown Brothers Sees Value – BusinessWeek

by @ Sunday, March 7th, 2010. Filed under Loans

Treasuries Replace Munis as Brown Brothers Sees ValueBusinessWeekIncreased buying by tax-exempt investors would sustain a rally in short-term Treasuries, already benefiting from demand for a refuge from sovereign credit …Treasuries Drop as Stocks Gain on Signs of Economic ImprovementBusinessWeekall 11 news articles » More: continued here

Shanghai Regulator Asks Banks To Re-Assess Local Government Loans – Wall Street Journal

by @ Sunday, March 7th, 2010. Filed under Loans

Shanghai Regulator Asks Banks To Re-Assess Local Government LoansWall Street JournalSHANGHAI (Dow Jones)–The China banking regulator's Shanghai branch is requiring banks in the city to reassess loans to local governments, the regulator … More: continued here Powered by SmartRSS

Bank Of China: 2010 New Loans Will Be Smaller Than 2009 – Wall Street Journal

by @ Sunday, March 7th, 2010. Filed under Loans

Bank Of China: 2010 New Loans Will Be Smaller Than 2009Wall Street JournalSHANGHAI (Dow Jones)–Bank of China Ltd. (BACHY), the nation's third-largest bank by market value, said Monday it will issue a smaller amount of new loans… More: continued here

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