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| China's Record May Lending Seen Helping Wen Stabilize Growth San Francisco Chronicle June 12 (Bloomberg) -- China's new loans exceeded estimates in May and more money went into longer-term lending, signaling support for investment projects that may help to prevent a deeper economic slowdown. Local-currency lending was 793.2 billion ... See all stories on this topic » | ||
| Spain to come under international lenders' supervision Economic Times MADRID/BERLIN: Spain faces supervision by international lenders after a bailout for its banks agreed at the weekend, EU and German officials said on Monday, contradicting Prime Minister Mariano Rajoy who had insisted the cash came without such strings. See all stories on this topic » | ||
| Chinese Lenders Pick Up Pace Wall Street Journal By AARON BACK BEIJING—China's new yuan loans and money supply were both stronger than expected in May, confirming a continued easing of monetary policy. New yuan loans issued by Chinese financial institutions totaled 793.2 billion yuan ($125.6 billion ... See all stories on this topic » | ||
| Senior lenders take control of Eircom Financial Times By Daniel Thomas, Telecoms Correspondent The senior lenders of Eircom have taken full control of the Irish telecommunications group after it emerged from a restructuring process that cut €1.7bn of debt from its balance sheet. See all stories on this topic » | ||
| Small lenders make ground Sydney Morning Herald THE number of borrowers taking out home loans with non-bank lenders is creeping up, a trend the government says shows competition in banking is lifting. The Treasurer, Wayne Swan, has promoted non-bank lenders as a ''fifth pillar'' of the financial ... See all stories on this topic » | ||
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| Local lenders may fall victim to interest rate liberalization Global Times By Wen Xiaodong Last week, China surprised many when it slashed banks' benchmark deposit and lending rates by 0.25 percent, effective from Friday, the first such reduction in nearly four years. But, perhaps even more startling than the rate cut, ... See all stories on this topic » | ||
| Lenders raise deposit interest rates China Daily By Gao Changxin in SHANGHAI ( chinadaily.com.cn) Chinese lenders are in fierce competition to attract savers after the central bank raised the deposit rate ceiling. Smaller lenders such as Shenzhen Development Bank and Huaxia Bank raised their one-year ... See all stories on this topic » | ||
| Finding the paperwork for your lender Boston.com (blog) At one time buyers were able to get a fully underwritten pre-approval from a lender before beginning to house hunt. That meant that the lender's underwriter -- that's the person who accepts or denies the mortgage application -- checked all the ... See all stories on this topic » | ||
| Flexible rates fail to sway large lenders Hong Kong Standard Chongqing Rural Commercial Bank (3618) and smaller lenders such as Industrial Bank, a unit of Hang Seng Bank (0011), and Bank of East Asia (China) have raised deposit rates to 3.135 percent, 3.355 percent and 3.575 percent respectively. See all stories on this topic » | ||
| Banks maintain, raise deposit rates China Daily The People's Bank of China said Thursday that lenders would have the flexibility to set deposit rates as high as 110 percent of the benchmark rate and offer rates on new loans as low as 80 percent of official policy rates. The People's Bank of China ... See all stories on this topic » | ||
| Yucaipa car hauler Allied Systems files Chapter 11 Reuters * Allied had faced involuntary Chapter 11 by lenders * Yucaipa has 63 percent Allied stake -- filing * Falling revenue, litigation led to restructuring By Jonathan Stempel June 11 (Reuters) - Allied Systems Holdings Inc, which hauls cars and trucks to ... See all stories on this topic » | ||
| Commercial Lending X Announces New Correspondent Relationship PR.com (press release) Commercial Lending X proudly announces additional funding source with aggressive new loan programs to provide real estate financing throughout the US. Naperville, IL, June 11, 2012 --(PR.com)-- Commercial Lending X is excited to announce a new ... See all stories on this topic » | ||
| LightSquared Reaches Loan Agreement, Negotiating Cash Use Bloomberg LightSquared Inc. reached an agreement with one group of lenders for a loan and is in talks with other debt holders to use their cash collateral in a bid to avoid liquidation, a lawyer for the company said. LightSquared is seeking permission from a ... See all stories on this topic » | ||
| Liberal rates help sovereign rating EastDay.com Last Thursday, the People's Bank of China allowed lenders to be more flexible in setting borrowing and lending rates. They are allowed to set a deposit rate up to 10 percent above the benchmark deposit rate and lend at a discount of as much as 20 ... See all stories on this topic » | ||
| Cash-rich lenders saviours of mining The Province Europe's debt crisis and slowing Asian growth have tempered banks' appetite for lending. And miners are not keen to issue equity when their share prices are severely depressed, leaving few alternatives to royalty and stream deals for small miners ... See all stories on this topic » | ||
| Who Treats the Cash-Strapped Worse Than Payday Lenders? Your Bank DailyFinance By Chuck Saletta, The Motley Fool Payday lenders have well-deserved reputations for charging insanely high rates for the short-term loans. But you'll never guess who is gouging customers even worse: your bank. Don't be fooled by the slick marketing ... See all stories on this topic » | ||
| Lenders to CFPB: Exempt FHA Loans from LO Comp Battle Reverse Mortgage Daily Mortgage brokers and lenders have expressed concern as well as some confusion about how a CFPB rule regarding points and fees would impact their compensation. For reverse mortgages, the compensation for which is set by the statute, the impact is also ... See all stories on this topic » | ||
| Hardmoneyloans.Org Is Now Joined By Two More Investors with $15 Millions ... San Francisco Chronicle (press release) The leading hard money lenders have announced joining of two more investors to their network that will give a further impetus to the commercial property development in the Los Angeles area. los angeles CA (PRWEB) June 11, 2012 Hardmoneyloans.org has ... See all stories on this topic » | ||
| LightSquared Says Agreement Reached to Get Bankruptcy Loan NASDAQ By Joseph Checkler NEW YORK--LightSquared on Monday said it has reached an agreement in principle on a bankruptcy loan from a group of its lenders, as the wireless satellite company's fight with another group of lenders over whether it can use the cash ... See all stories on this topic » | ||
| ECB Financing to Portuguese Banks Increased to Record in May BusinessWeek By Anabela Reis on June 11, 2012 The European Central Bank's financing to Portuguese lenders rose to a new record in May, the Bank of Portugal said. ECB financing increased to 58.7 billion euros ($73.6 billion) from 55.4 billion euros in April, ... See all stories on this topic » | ||
| Payday Lenders Center for Responsive Politics Payday lenders are financial firms offering small, short-term loans designed to be paid back when the borrower next receives a paycheck. Such loans carry interest rates that seem small but are extremely high when calculated over the course of a year. See all stories on this topic » | ||
| China May New Loans Beat Forecasts; Deposits Return To System MNI News BEIJING (MNI) - Chinese banks lent more in May than economists expected, suggesting that lenders are already responding to government efforts to ease the credit and investment environment to boost economic growth. The People's Bank of China said net ... See all stories on this topic » | ||
| Two New Industries Profiled on OpenSecrets.org: For-profit Education and ... Center for Responsive Politics By Viveca Novak on June 11, 2012 4:20 PM OpenSecrets.org is rolling out two brand new profiles of industries that are also relatively new to the Washington power structure: for-profit education and payday lending. For-profit colleges ramped up their ... See all stories on this topic » | ||
| Judge orders USA Springs lender to fulfill $60m deal New Hampshire Business Review After getting burned by several other lenders, USA Springs found Malom, which agreed to lend it $60 million, with the first money due at the end of October. Malom wanted $1.2 million up front, money that was forked over by a USA Springs insider in ... See all stories on this topic » | ||
| Smaller lenders could lose RMBS support Broker News Australia By Adam Smith | 12/06/2012 2:00:00 AM | 0 comments A report by the Australian Financial Review has claimed the Federal Government may wind down the $20bn program supporting small lenders through RMBS buying. The Australian Office of Financial ... See all stories on this topic » | ||
| Allied Systems Files for Court Protection Wall Street Journal Earlier this year three lenders sued Yucaipa, billionaire Ron Burkle's investment firm, in New York State Supreme Court, saying the firm was violating legal debt protections. "Yucaipa caused Allied to default on numerous provisions of the credit ... See all stories on this topic » | ||
| Romania Seeks to Change Prime Dealers Rules BusinessWeek The banks with the two lowest rankings may lose their primary dealer license and be replaced with other lenders, while the best performers will be rewarded, following an annual review, according to the document. Commercial banks, 90 percent of which ... See all stories on this topic » | ||
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| $25 Billion Gov't Settlement with Mortgage Lenders 06/12 by Truth ... We will be discussing the government's recent settlement with the five largest mortgage lenders. As a result of the settlement, government aid is available to homeowners who: (1) have lost their homes to foreclosure,. (2) are in need of loan ... Truth About Debt Relief | Blog... | ||
| Luke Feels The Foreclosure Force (As Do Lenders Number Two) at ... By socketadmin Luke Feels The Foreclosure Force (As Do Lenders Number Two). 224 Sea Cliff Avenue. While the 6375 square foot home at 130 Sea Cliff Avenue has sold for a reported $13000000, down the street at 224 Sea Cliff Avenue the 5552 square ... SocketSite™ | ||
| Mortgage Lending A Great Career Opportunity | Home Mortgages By janschroder But very few of these young people are considering a career in mortgage lending. And there has also been a decrease of people entering the field from other industries. As we've mentioned in a previous column, at the height of our industry, ... Home Mortgages | ||
| USA News Biz: Bicent Creditors Win Green Light to Vote on ... By Dollar Rate Bicent Holdings LLC's creditors won court permission to begin casting their votes on a restructuring plan that would see lenders trade their debt for ownership of the energy company upon its exit from Chapter 11. Judge Kevin Gross of the U.S. ... USA News Biz | ||
| Guest column - Finance & Commerce By Mark Hoiland The Twin Cities real estate market is seeing an upswing of new development and lenders are showing more interest in doing deals. Word on the street gets around quickly: I'm hearing about lots of plans queued up for multifamily and ... Finance & Commerce | ||
| Humphrey Job Opportunities - UThink - University of Minnesota By hhhcs The business development team works to expand and maintain the Agency's relationships with the lenders that administer first mortgage and down payment assistance programs and other industry partners. This full-time, straight salary, ... Humphrey Job Opportunities | ||
| Iowa Finance Authority and Waterloo Realtors and Lenders ... By Iowa RealEstateRama WATERLOO – June 11, 2012 – (RealEstateRama) — The Iowa Finance Authority (IFA) today joined with Four Seasons Realtors, the Waterloo-Cedar Falls Board of Realtors and US Bank Home Mortgage in Coralville to encourage ... U.S. States | ||
| June 11, 2012 « PrefBlog By jiHymas So the lenders that are large enough to shake the Canadian banks' entrenched position – the Wells Fargos of the world – either stay small in Canada, or avoid the country altogether. … There are more than 7000 banks in the United States ... PrefBlog | ||
| Euro debt crisis could slow CMBS lending here | Jones Lang ... By ed.fanselow@am.jll.com CMBS lenders continue to loan money to local property investors, but the mounting Euro debt crisis could drive that to a halt, according to JLL real estate investment banking guru Dave Hendrickson. Hendrickson tells Crain's Chicago Business ... Jones Lang LaSalle Chicago Blog | ||
| Allied Systems Holdings files for Chapter 11 | Commercial Carrier ... By CCJ Staff Allied said its majority lenders have committed to provide up to $20 million in debtor-in-possession financing to support the company's operations during its voluntary restructuring. The financing is subject to court approval. Allied previously ... Commercial Carrier Journal |
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| CFPB Meeting with Small Mortgage Lenders, Round 2 Two weeks ago, when industry officials met with the Consumer Financial Protection Bureau to discuss the agency s proposals to reengineer how loan officers ... www.nationalmortgagenews.com/.../Consumer-Financial-Prote... | ||
| Carin Lenders (@Carin_CPT) on Twitter Sign up for Twitter to follow Carin Lenders (@Carin_CPT). Student + Business + Party Politics = #Go2Girl. twitter.com/Carin_CPT | ||
| Research: Abusive Credit Card Lenders Lose Money | California ... Credit card lenders that use unfair or deceptive practices aren't just hurting consumers. They're also hurting themselves. www.californiademocrat.com/.../research-abusive-credit-card-l... | ||
| Lenders prefer short sales to foreclosures - Articles From The Sun ... Short sales are exceeding the number of foreclosure sales in South Florida, another sign that the region's battered housing market is healing.Palm Beach ... articles.sun-sentinel.com/.../fl-realtytrac-foreclosure-sales-palm... | ||
| Auto Lenders Are Honored Seven credit unions were recently recognized by CU Direct Corp. for their lending practices and success in 2011. The credit unions were honored at CU Direct's ... www.cutimes.com/2012/06/04/auto-lenders-are-honored |
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