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TEXT-Fitch affirms Westpac Lenders Mortgage Insurance at 'AA-'/Stable
Reuters
(The following was released by the rating agency) May 24 (Fitch) Fitch Ratings has affirmed Westpac Lenders Mortgage Insurance Limited's (WLMI) Insurer Financial Strength Ratings (IFS) at 'AA-'. The Outlook is Stable. The rating reflects WLMI's robust ...
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RPT-Spain may forge one bank from failed lenders-source
Reuters
(Repeats in translation story transmitted in Spanish on May 23 at 2021 GMT) By Carlos Ruano and Jesús Aguado MADRID May 23 (Reuters) - Spain may create one nationalised bank out of its failed lenders including problem lender Bankia if the state cannot ...
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Malaysia Top Two Lenders Record Strong 1Q Profits
Wall Street Journal
KU) Thursday post strong profits in the first three months this year, and Malaysia's top two lenders also struck an optimistic note for their financial performance this year. The larger of the two, Malayan Banking, also known as Maybank, ...
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Rajoy Struggles as PP Tainted in Spain Woes: Euro Credit
BusinessWeek
By Charles Penty and Angeline Benoit on May 24, 2012 Prime Minister Mariano Rajoy's credibility is being undermined by the role of his People's Party in the failure of the Bankia (BKIA) group, Spain's third-biggest lender, and the emergence of more ...
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LightSquared Lenders Doubt Future Success
Wall Street Journal (blog)
By Melanie Cohen LightSquared's biggest lenders are questioning the company's ability to clear regulatory hurdles and build out its high-speed wireless network, steps on which its viability depends. Read the Daily Bankruptcy Review article here.
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Bailout bill for Spanish lender Bankia continues to soar
The Guardian
But with lenders demanding ever higher interest rates for Spanish debt, the cost of refinancing might prove too much for the government. Analysts believe a further €50bn-100bn is needed to protect Spanish banks against upcoming mortgage defaults and ...
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The Guardian
US bank lending slackens
Financial Times
By Ajay Makan and Shannon Bond in New York US bank lending declined for the first time in a year in the first quarter, in a blow to hopes that easier credit could strengthen the US economic recovery. Outstanding loan balances fell more than $50bn to ...
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Lenders Give Ultimatum to Haldia Petrochem
LoanSafe
Source: Aniek Paul Mint, New Delhi (MCT) — The lenders of Haldia Petrochemicals Ltd (HPL) on Monday told the firm's sparring co-promoters—US-based venture capitalist Purnendu Chatterjee and the West Bengal government—that working capital loans ...
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USDA Is a Tough Collector When Mortgages Go Bad
Wall Street Journal
After foreclosure, the USDA can go after unpaid balances, even in states that limit such actions by private lenders. A USDA spokesman says the agency follows all federal and state laws. The Treasury Department collected $45 million in delinquent USDA ...
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Wall Street Journal
Internet Payday Advance Launches New Lending Policy Resource
Midland Daily News
Consumers can now avail themselves of Internet Payday Advance's online "Lending Policy" article, which the site has established in order to keep prospective cash advance borrowers abreast of important payday lending policies.
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