The loan blog

Globe and Mail Mortgage lending lifts Canada bank earningsFinancial TimesThe Canadian banks are among the least scarred by the credit crisis, thanks to conservative lending practices and minimal exposure to subprime mortgages. …Mortgages fuel Scotiabank earningsMontreal GazetteCanada's profitable banks set sights on growthGlobe and MailBank of Montreal earnings up nearly three-foldVancouver SunBusinessWeek -OptoIQ: Lasers for Manufacturing -Financial [...]

New York Times As Fed Eases Loan Aid, Policy Challenges AriseNew York TimesOn Monday, meanwhile, the Fed held its final auction through the Term Auction Facility, which was created in December 2007 to offer banks short-term loans…and more » More: continued here

The Business Insider China loans fall to 700 bln yuan in Feb -state mediaReuters UKSHANGHAI, March 10 (Reuters) – Chinese banks extended about 700 billion yuan ($102.5 billion) in new loans in February, half that of January, …China banks lent $102.6 billion in February:reportMarketWatchCHINA NPC: Bank Of China: 2010 New Loans Around 10% Of Industry [...]

Installment loans: Getting prepared for financial urgenciesTMCnetAvoiding of cash crunch can create a big problem, so during such time installment loans act as the best alternative. This loan resolves your temporary cash …Payday Loan Blamed For Ruining Man's FinancesToday’s TMJ4How a Retiree Wound Up With a 375% LoanDailyFinanceInstant Loans UK – Pay yours emergency expendituresBigNews.biz [...]

Wall Street Pit (blog) Frank to Banks: Write Down Second MortgagesBankInvestmentConsultant.comIn a letter dated March 4, Frank said many investors in first-lien mortgages are willing to accept losses, but modifications are still being held up because …Banks Pressed on Second MortgagesWall Street JournalSecond mortgage write-downs coming?FierceFinancePressure builds for US mortgage loan write-downsReutersEmii.com -Economist (blog) -Credit Loan (blog)all [...]

Mortgage Rates & Trends (blog) Government Could Cut Seconds FirstWall Street JournalIt is one of the big unanswered questions of the housing crisis: Why hasn't the government pushed harder to include second mortgages in its …Rep. Jim Jordan says mortgage protection plan misses the markHousing WireHelping upside-down home owners stave off foreclosureDetroit Free PressFederal short [...]

Top stories of the day: China banking industry-Mar. 10Trading Markets (press release)(BACHF) has Short Term PowerRatings at TradingMarkets. Details on (BACHF) Short Term PowerRatings is available at This Link. For full details on (CICHF) …China to Nullify Loan Guarantees by Local GovernmentsBusinessWeekBank of China: no plan for equity financing on A-share market in 2 yearsTrading [...]

A Consumer Bill Gives Exemption on Payday LoansNew York TimesIt could enforce such rules against nonbank mortgage companies, mainly loan originators or servicers, but it would have to petition a body of regulators for …and more » More: continued here

Australian Home-Loan Approvals Fall Most in DecadeBusinessWeekMarch 10 (Bloomberg) — Australian home-loan approvals unexpectedly fell in January by the most in almost a decade after central bank …Australian Home Loans Drop Most in Nearly a Decade on Rates, GrantsDaily FXall 3 news articles » More: continued here

US indicts Md. man in mortgage fraudUPI.comGREENBELT, Md., March 9 (UPI) — Authorities Tuesday arrested a Maryland man in what the Department of Justice called a massive mortgage fraud scheme that …Senior Loan Officer with Metropolitan Money Store Indicted in Mortgage Fraud …Federal Bureau of Investigation (press release)all 4 news articles » More: continued here