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RLPC-Asia Pacific lending down 26 pct at half year
Reuters
Asia Pac companies sidestep more expensive loans* Japan, China first-half lending higher year on year* Australia, Hong Kong and Singapore downBy Jacqueline PohLONDON, June 28 (Reuters) - Asia Pacific.
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Singapore May bank lending rises 2.2 pct from April
Reuters
SINGAPORE, June 29 (Reuters) - Total bank lending inSingapore rose 2.2 percent in May from April, central bank datashowed on Friday.Loans and advances by domestic banking units in thecity-state amounted.
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Lenders Loosen Up on Credit-Card and Auto Loan Standards
Wall Street Journal (blog)
Some banks' appetite for lending risk has increased amid tighter competition and improvements in credit performance, according to a survey by the Office of the Comptroller of the Currency.
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Wall Street Journal (blog)
UK Banks See Tighter Lending Terms in Third Quarter, BOE Says
Businessweek
U.K. households and companies may face tighter borrowing terms in the third quarter as lenders pass on higher funding costs, a Bank of England survey showed.
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DealerTrack Credit Application Network Now Exceeds 1200 Active US Lenders
MarketWatch (press release)
LAKE SUCCESS, N.Y., June 28, 2012 /PRNewswire via COMTEX/ -- Reaching a new milestone in its history, DealerTrack (NASDAQ:TRAK) today announced the number of active lenders connected to the DealerTrack credit application network has exceeded ...
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European Bank Union 'Premature'
Bloomberg
A European banking union is no fix for the region's lenders, trading at a fraction of the book value of their assets, without closer fiscal integration and a solution to the sovereign debt crisis, investors say. Policy makers will discuss ways to ...
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Foreclosure fairness for Californians
Los Angeles Times
It's been five years since the housing bubble burst, but California lawmakers are finally poised to make lenders do something they should have been doing all along: evaluating less-expensive alternatives to foreclosure before starting the process of ...
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Risks That Sank Bankia Unseen by Customers Tapped for Ove
Businessweek
The lender, which helped finance a decade-long building boom on the Mediterranean coast, merged with six other savings banks, including 310-year-old Caja Madrid, to form the Bankia group in 2010. The group was nationalized this week, less than a year ...
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Bank to hire 400 for loan center
Chicago Tribune
The Federal Savings Bank, a Kansas-based home lender bought last year by a pair of Chicago brothers in the mortgage banking business, is opening a national home loan center in the West Loop that it.
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Chicago Tribune
Greek crisis sends bad loans soaring at NBG
Reuters
Chief Executive Apostolos Tamvakakis, who is expected to formally resign at a board meeting later on Thursday in an expected management reshuffle, said the bank would focus on boosting capital, liquidity and managing risk in a difficult year for lenders.
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UK Market Falls; Lenders Under Pressure
NASDAQ
NASDAQ News: UK Market Falls; Lenders Under Pressure.
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SharperLending LLC Enhances Appraisal Firewall with New Dashboard ...
MarketWatch (press release)
Appraisal Firewall is a secure, web-based technology solution for lenders to manage their own appraisal process by working with their trusted local appraisers and AMCs in one system to achieve management-level control and multi-department efficiency.
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San Mateo County Throws Out Unwelcome Mat to Payday Lenders
LoanSafe
Source: By Bonnie Eslinger, Palo Alto Daily News, Calif. (MCT) - Even though there aren't any payday lenders in unincorporated San Mateo County today, the.
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Banks' shares plunge as Barclays fine sparks fears other lenders will face ...
This is Money
Barclays saw its stock fall 30.45p to 165.6p, the day after the bank paid its fine to US regulators and the UK's Financial Services Authority for rigging LIBOR interbank lending rates between 2005 and 2009.
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This is Money
Specialty Lenders: Where to Look
Commercial Observer
For summer 2012, financing has returned for many real estate investors. And borrowers are able to secure it at record low interest rates, especially if the asset is a residential rental property. Pricing for a five-year, fixed-rate loan is as low as 3 ...
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Lenders Jointly Structure Financing For Invenergy's California Ridge Wind Farm
North American Windpower
Santander, through its U.S. subsidiary Sovereign Bank N.A., and Prudential Capital Group have jointly structured and closed a $444 million financing to support Invenergy in the construction of California Ridge, a 200 MW wind farm located in Vermilion ...
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Arbor Funds $14.5M FHA-Insured Loan for Louisiana Historic Preservation
MarketWatch (press release)
"The Mason Estates transaction demonstrates Arbor's position as a premier FHA MAP Lender across the United States and exemplifies our commitment to serve a growing demand for FHA financing among small to mid-size borrowers in small to mid-size ...
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Lenders face SMEs' claims
Financial Times
The City watchdog is planning to order a full review of the sale of interest rate swaps to small and medium-sized businesses after concluding that some were inappropriately sold in the run up to the financial crisis. The Financial Services Authority.
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Financial Times
SBA chief is keen on removing lending barriers
Bizjournals.com
For some government officials, the pen is mightier than the sword.
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UK banks set to tap cash buffers to help economy
Reuters
It will provide lenders with some rare relief in a week when Barclays was hit with a record fine for rigging Libor interest rates, and Royal Bank of Scotland suffered a major systems failure that hit millions of customers. Britain's financial watchdog ...
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Paradigm adds Precise to bridging lender panel
FT Adviser
Mortgage club adds Precise Mortgages to its bridging lender panel as it has "raised the bar" of responsible lending.
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European Recession, the American Fiscal Cliff and Commercial Mortgage Lending
Commercial Observer
Europe stayed its most immediate existential threat when parties committed to the Hellenic bailout carried Greece's mid-June election, the second in as many months. New Democracy eked out a slim plurality of votes for the Parliament of the Hellenes and ...
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Lenders tightening up on forbearance
Mortgage Introducer
Lenders are tightening up on forbearance leaving clients open to the risk of repossession, a not for profit firm claims.
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Mortgage Introducer
Homeowner Bill of Rights plans move forward
San Francisco Chronicle
The bills also require lenders to give a clear explanation when they reject borrowers for a loan modification, to verify mortgage documents before a foreclosure and to provide copies to borrowers upon request. Lenders can be fined up to $7500 per loan ...
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San Francisco Chronicle
American Truck Group Sees Private Lending Driving Job Growth For Trucking ...
AftermarketNews.com (AMN)
American Truck Group Sees Private Lending Driving Job Growth For Trucking Industry Twelve years ago, American Truck Group CEO Louis Normand, then one of Mississippi's larger big truck dealers, set out address the growing shortage of truck drivers and ...
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