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India urges state banks to increase lending for consumer durables
Reuters
NEW DELHI (Reuters) - Finance minister urged state-run banks to increase lending for consumer durables on Saturday, saying this would help boost the manufacturing sector which has been caught up in the slowdown of the economy. "Consumers must be ...
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ECB's Demetriades Sees Growth Measure Need, Kathimerini Says
Businessweek
While Cyprus primarily asked for an international aid to recapitalize its lenders, the country has chronic structural problems and needs to cut unproductive public spending and deploy resources for investments, the Nicosia-based newspaper cited ...
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CFPB proposes no-point, no-fee mortgages
MarketWatch
WASHINGTON (MarketWatch) - The nation's financial services watchdog on Friday proposed requiring lenders to make available no-fee, no-point mortgages to make it easier for prospective homeowners to comparison shop. The proposal from the Consumer ...
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New Bill Promises to Put Sketchy Online Payday Lenders In Their Place
Wireless HDTV News (blog)
The "Stopping Abuse and Fraud in Electronic (SAFE) Lending Act," was recently introduced to the senate, and hones in on four specific issues with online payday lending. The intention is to make certain that unsavory lenders do not have as easy of a ...
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Small businesses, lenders find matches online
News & Observer
It uses its proprietary "SmartForm" technology to connect small-business borrowers with lenders from among more than 2200 participating banks, based on the lending profiles provided by borrowers and banks. Loans that are granted are Small Business ...
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Strategy to maneuver through a short-sale
Chicago Daily Herald
The holdout: the Damianis' two lenders, which the couple says have been putting them through a grinder as they seek a short sale that would allow Depew to buy the property for $100000 less than what they owe on it. The Damianis are hoping the lenders ...
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HOUSING: Fears recede of second crash from 'shadow inventory'
North County Times
After 2009, real estate agents and some analysts became convinced that lenders were holding off on foreclosures, and sitting on foreclosed properties in order to prop up prices, creating a "shadow inventory." They feared lenders would have to process ...
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Interbank lending rate falls
Daily Times Nigeria
Nigeria's interbank lending rates fell sharply on Friday to an average of 14 percent, from around 19.33 percent the previous day after about 283 billion naira ($1.80 billion) in budget allocations to government agencies hit the market. FG distributes ...
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Rocketing fees put homeowners off remortgaging
The Guardian
The typical SVR – the rate a mortgage deal reverts to when a special rate has run its course – is currently just over 4%, though some lenders, such as Nationwide, have rates as low as 2.5%. Lenders, keen to get people off these SVRs and on to new ...
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Agri lending rates steady: time to focus on farm finances
Beef Central
Agricultural interest rates have held steady this month in line with the Reserve Bank's decision to hold official cash rates at 3.50 percent, the August Agribusiness Loan Monitor has found. The Monitor, released on Friday by the National Farmers ...
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Credit Demand Slows In Retail, SME Sectors
Sunday Leader
She was however confident of meeting Central Bank of Sri Lanka's (CBSL's) upper limit on credit growth, ie 18% from locally generated funds and the balance 5% from funds generated from overseas lenders, taking lending up to the 23% credit ceiling limit ...
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Controversial traveling foreclosure event returns to small crowd in St. Louis
St. Louis Beacon
Marks said that more lenders now participate in its events, which means that more people can get same-day approval on loan modifications. NACA has always heavily promoted "same-day solutions" in its pre-event publicity campaigns. "Back then, we didn't ...
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A Genie that could make your wishes come true
The Independent
Many young people are priced out of today's mortgages, unable to provide the deposit that lenders require. However, tough times force industries to come up with innovative ideas to get things going again, and one company, Genie, is hoping to do exactly ...
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Video about Cape Coral World War II veteran to be screened at international ...
Lehigh Acres News Star
Filmmaker Jozef Lenders of Cape Coral has been notified by the Fort Lauderdale International Film Festival that his latest video "The True Story of an American WWII Hero Harry Beeman" will be screened at the festival between Oct, 28 and Nov. 11. The ...
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Struggle to get on property ladder sees rents rise to a new high
Yorkshire Post
The private rental sector has seen a surge in demand as people have struggled to get on the property ladder, because they cannot raise a hefty enough deposit or meet lenders' tightened borrowing criteria. Several mortgage lenders have stepped up ...
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Travelodge inks $999m debt deal
Trade Arabia
Travelodge, a leading UK budget hotel chain owned by Dubai International Capital (DIC), said it has agreed a 635 million pound ($999.6 million) debt restructuring that will give lenders control of the business. However, the deal confirms a significant ...
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What You Need To Know About Home Equity Lines Of Credit
Hartford Courant
But ask your lender about any fees, including annual membership fees, maintenance fees or transaction fees. >> To get the best rates, strong credit scores are required. Lenders may lower rates if you have an account — often a checking account ...
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Climbing the property ladder: Mutuals offer hope to first-time homebuyers with ...
This is Money
Many lenders still view first-time buyers as a higher risk and reserve their best mortgage rates for borrowers with at least a 40 per cent deposit. But there is some hope for frustrated buyers – notably in the building society sector, where several ...
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This is Money
Greece needs 2.5 billion extra spending cuts over two years: paper
Reuters
BERLIN (Reuters) - Greece will likely need to cut an additional 2.5 billion euros in spending over the next two years to meet demands made by its international lenders in return for financial aid, Germany's Der Spiegel magazine reported on Saturday ...
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No more diktats from FinMin to banks: FM
Business Standard
State-run lenders may no longer get advisories from the finance ministry on how to run their operations. Finance Minister P Chidambaram on Saturday made it clear that the government would not unnecessarily interfere in the day-to-day affairs of the ...
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Take it to the bank
New York Post
Toronto-based TD Group, which owns TD Bank in the US, and regional franchise lender BB&T Corp. are said to have an appetite for acquiring the thrift, sources said. Both lenders were involved in the January talks for BankUnited but balked at the ...
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British banks faced the financial precipice
Telegraph.co.uk
In late October, the Bank made clear its fears to the heads of Britain's major lenders. The Old Lady of Threadneedle Street was worried the UK's biggest banks could be swept away by the financial calamity it saw building up in the eurozone banking system.
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Telegraph.co.uk

Blogs3 new results for lenders
 
Lenders really helping delinquent borrowers? | New Jersey Real ...
By grim
LUIS CEREZO's eyes welled up as he awaited the outcome of his latest attempt to resolve the 18-month backlog of mortgage payments he owes on the town house in Elizabeth where he and his wife and son have lived for the last 16 years.
New Jersey Real Estate Report
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Developing Caribbean
What are the Best Early Repayment Charges on Equity Release ...
By admin
As equity release providers are lending over a potentially long duration; in some cases in excess of 40 years, they need to set their long term borrowing plans accordingly. Equity release on the face of it may seem very profitable to lenders, ...
Equity Release Supermarket


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