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| Banks Cut Cross-Border Lending Most Since Lehman: BIS BusinessWeek By Boris Groendahl and Gavin Finch on June 03, 2012 Global banks scaled back cross-border lending to companies, governments and each other at the fastest rate since 2008 in the final quarter of last year, with lenders based in the euro area leading the ... See all stories on this topic » | ||
| Lenders: 1000 Prince William homeowners eligible for aid Inside NoVA By: MATTHEW BARAKAT | AP Nearly 1000 homeowners in Prince William County and the cities of Manassas and Manassas Park have been identified as eligible for assistance in the $25 billion National Mortgage Settlement announced this year, ... See all stories on this topic » | ||
| Payday lender Wonga plans flotation The Press Association Payday lender Wonga is reported to be considering a US stock market flotation that could value the business at more than £1 billion. A "beauty parade" to choose two banks to lead the process is under way but no decision has been taken on whether to ... See all stories on this topic » | ||
| Letter: Payday Lenders Harmful to Consumers Patch.com Patch Recent attempts by payday lenders to use the media to promote their product comes as little surprise. There is, afterall, pending state legislation which could cost these predatory lenders millions of dollars in revenue. See all stories on this topic » | ||
| Mauritius Central Bank Asks Lenders to Cut Exposure to Euro Area Bloomberg Mauritius' central bank advised domestic lenders to minimize their exposure to the euro zone as the currency slumps against the rupee, Week-End reported, citing Governor Rundheersing Bheenick. "I am very worried," Bheenick was quoted as saying by the ... See all stories on this topic » | ||
| Offshore Yuan Market May Evolve Like Eurodollar Market-BIS Wall Street Journal LONDON (Dow Jones)--The emerging offshore yuan--or reniminbi--market could be mostly used in the future to channel renminbi-denominated funds between borrowers and lenders not resident in mainland China, the Bank for International Settlements said in ... See all stories on this topic » | ||
| Walton Street to Return Properties to Lenders, Crain's Says BusinessWeek By John Lippert on June 03, 2012 Walton Street Capital LLC, a real estate private-equity firm, is poised to hand back to lenders a portfolio of West Coast industrial properties, Crain's Chicago reported without say how it obtained the information. See all stories on this topic » | ||
| Lending curbs stall Indonesian car boom Bangkok Post JAKARTA : The prospect of Indonesia's auto industry becoming the new hotbed for growth in Asia has hit a roadblock after the central bank told lenders to demand bigger down payments. Currently, a person in Indonesia can buy a car for as little as 5% ... See all stories on this topic » | ||
| 1000 Residents to get Mortgage Assistance Patch.com GE Capital, which was the last of the three lenders to come to the bargaining table with VOICE, is not part of the national settlement. However, GE Capital had the worst performance of the three lenders in Prince William County under WMC Mortgage. See all stories on this topic » | ||
| Lenders face court action over improper practices Business Spectator Struggling homeowners may be allowed to walk away from their mortgages as major financial institutions face a number of court cases over alleged improper lending practises, according to a report by The Australian. In several states, courts have sided ... See all stories on this topic » |
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| Citizens Strike Back Against Predatory Payday Lenders By Deborah Foster Missouri citizens have petitioned to get a ballot initiative up for a vote that would limit interest rates on usurious payday loans. PoliticusUSA |
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