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China Rate Cut Counters Slowdown as PBOC Eases Loan Rules
San Francisco Chronicle
June 8 (Bloomberg) -- China cut borrowing costs for the first time since 2008 and loosened controls on banks' lending and deposit rates, stepping up efforts to combat a deepening slowdown as Europe's debt crisis threatens global growth.
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Pa. House approves 'payday lending' bill
BusinessWeek
The legislation would require short-term lenders to obtain state licenses and abide by rules governing loan terms and limiting borrowers to a maximum of 25 percent of their gross monthly income or $1000, whichever is less. It would allow lenders to ...
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Big lenders await ANZ cue on rates
Brisbane Times
An industry source said yesterday that most lenders were 'just sitting there waiting for ANZ to make their decision.' Photo: Glenn Hunt ANZ is claiming credit for blazing an interest-rates course independently of the Reserve Bank - one that its main ...
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Brisbane Times
Lender and insurer gouged me — and others — Florida homeowner says
MiamiHerald.com
A South Florida homeowner is suing, saying he and many others have been gouged by lenders working in cahoots with insurance companies to enact force-placed policies. BY ADAM H. BEASLEY Think your homeowners insurance is outrageous?
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Lower rates seek to boost growth
gulfnews.com
China cut borrowing costs for the first time since 2008 and loosened controls on banks' lending and deposit rates, stepping up efforts to combat a deepening slowdown as Europe's debt crisis threatens global growth. The benchmark one-year lending rate ...
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What's worse: Payday lenders or the lawmakers who love them?
Philadelphia Inquirer
A BILL PASSED Wednesday in the state House and sent to the Senate shows just how warped the priorities of some of our lawmakers are: An amendment to the bill would prohibit payday lenders from locating too close to a horse-race track.
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Mortgage Returns Helps Lenders Capitalize On FHA's Lower Up-front MI Premiums
MarketWatch (press release)
LOUIS, Jun 07, 2012 (BUSINESS WIRE) -- Mortgage Returns, the leading provider of CRM technology and automated marketing solutions for the mortgage industry, announced a new service that will help lenders identify new business opportunities created by ...
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Report: More payday lending protections needed
AirForceTimes.com
By Karen Jowers - Staff writer A 5-year-old law has succeeded in reducing some abusive lending practices for troops and their families, but the law needs to be broadened and enforcement needs to be strengthened, according to a report from a consumer ...
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Bank of Spain Veteran Linde Named to Supervise Lenders
BusinessWeek
Spain's borrowing costs are approaching euro-era highs as investors express doubt it can afford to shore up lenders and tackle a deficit similar to that of Greece amid a recession. Fitch Ratings cut Spain's credit grade yesterday to BBB, ...
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Web1 new result for lenders
 
Community Lenders want Smaller GSEs Retained in Secondary ...
The Community Mortgage Lenders of America (CMLA) is urging policy makers to consider retaining the positive aspects of Fannie Mae and Freddie Mac in any ...
www.mortgagenewsdaily.com/06052012_secondary_market_...


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