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| Debt Strains Hit Big Greek Lenders Wall Street Journal By STELIOS BOURAS, ALKMAN GRANITSAS and NEKTARIA STAMOULI ATHENS—Greece's deepening crisis has dealt a further blow to the country's four largest lenders, as bad debts ballooned and they struggled to hold onto nervous savers worried over the country's ... See all stories on this topic » | ||
| Lenders prefer short sales to foreclosures Sun-Sentinel A short sale is when the lender allows the homeowner to sell for less than what's owed on the mortgage. Foreclosures can be lengthy. It takes an average of 861 days to complete a foreclosure in Florida, one of the longest timelines in the nation, ... See all stories on this topic » | ||
| Lenders Approving More Short Sales, Pricing Aggressively Mortgage News Daily Lenders are approving more aggressively priced short sales, which in turn is resulting in more successful short sale transactions. "Meanwhile the average price of a bank-owned home is stabilizing and even increasing in some areas where a slowdown in ... See all stories on this topic » | ||
| Short sales on pace to surpass foreclosure deals San Francisco Chronicle Most of those transactions were short sales, in which the lender agrees to a price that's less than the mortgage balance. The number of bank-owned homes sold during the quarter fell 15 percent from a year earlier to 123778. "By next quarter nationwide, ... See all stories on this topic » | ||
| SunTrust Mortgage in $21 Million Settlement of Lending Discrimination Charges FairfaxNews.com SunTrust Mortgage Inc., the mortgage lending subsidiary of the nation's 11th-largest commercial bank, has agreed to pay $21 million to resolve a lawsuit by the Department of Justice that it engaged in a pattern or practice of discrimination that ... See all stories on this topic » | ||
| Danske Downgraded with Eight Other Danish Lenders by Moody's San Francisco Chronicle Danske Bank's deposit rating was cut two steps to Baa1 from A2, after Standard & Poor's yesterday cut the Copenhagen-based bank's long-term rating to A- from A. Nykredit Realkredit A/S, the country's largest mortgage lender and Europe's biggest issuer ... See all stories on this topic » | ||
| Cinram Lenders Extend Waiver Sacramento Bee UN) (the "Fund") announced today that its first and second lien senior lenders have agreed to extend their waiver of certain financial covenants, consistent with previously granted and disclosed waivers. These waivers have been extended to June 30, ... See all stories on this topic » | ||
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| Hapoalim net fell in quarter on lending drop, doubtful debt rise Haaretz By Michael Rochvarger | Jun.01, 2012 | 5:31 AM Bank Hapoalim, Israel's biggest lender by market capitalization, saw profit plummet 26% in the first quarter from the same time a year ago, as lending to businesses declined and doubtful debt grew. See all stories on this topic » | ||
| Treasure Coast mortgage lenders encouraging short sales rather than lengthy ... TCPalm By Paul Ivice Rather than complete a lengthy foreclosure process, mortgage lenders are urging their distressed customers more and more into short sales. The trend is especially pronounced in Indian River County, data released Thursday by RealtyTrac ... See all stories on this topic » |
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| Predatory lenders targeted St. Paul's East Side, report says ... In the days before the foreclosure crisis, when credit was easy to come by and home-loan regulations were looser, predatory mortgage lenders didn t just target ... www.twincities.com/.../predatory-lenders-targeted-st-pauls-east... | ||
| Car lenders ease credit standards and terms to spur loans ... Lenders in the United States gave car buyers some of the easiest credit terms since the financial crisis in the first quarter as they competed to make more loans ... www.chicagotribune.com/.../chi-car-lenders-ease-credit-standa... | ||
| Lenders Approving More Short Sales, Pricing Aggressively Sales of distressed properties once again accounted for more than a quarter of all home sales during the first quarter of 2012. Twenty-six percent of residential ... www.mortgagenewsdaily.com/05312012_lenders_approving_... |
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