Mortgage Rates Fall in U.S. for 30-Year Fixed Loans (Update2) - Bloomberg

Admin June 27th, 2009

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May 21 (Bloomberg) — Fixed mortgage rates for 30-year U.S. home loans fell for the first time in three weeks as a Federal Reserve program of buying home-loan securities reduced rates. The average rate for a 30-year loan fell to 4.82 percent from 4 …


Emergency loans: Will banks play ball? - CNN Money

With bank lending to small businesses nearly frozen, these 8 entrepreneurs are among the thousands fighting for the credit lines and loans they need to keep their companies alive. NEW YORK (CNNMoney.com) — The Small Business Administration plans to …

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Town & Country Bank agrees to reduce problem loans (The Kansas City Star)

Admin June 27th, 2009

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Town & Country Bank in Leawood has agreed to reduce its problem loans and diversify its loan portfolio. The $105 million-asset bank at 135th Street and Roe Avenue submitted to a cease-and-desist order by federal and state banking regulators following a bank examination in February.


China bank loans to top 1 trillion yuan in June (AFP via Yahoo! News)

Chinese banks are likely to hand out a total 1.2 trillion yuan (175.7 billion dollars) in new loans in June despite warnings by regulators against irresponsible lending, state media reported.

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Mortgage Insurer PMI Broadening Loan-Modification Effort - Wall Street Journal

Admin June 27th, 2009

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Michael Jackson: Bank of America Got This Loan Off its Books, But … - Wall Street Journal Blogs


Grand jury indicts Peoria woman on alleged student loan fraud - Bizjournals.com

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Emergency loans: Will banks play ball? - CNN Money

Admin June 25th, 2009

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With bank lending to small businesses nearly frozen, these 8 entrepreneurs are among the thousands fighting for the credit lines and loans they need to keep their companies alive. NEW YORK (CNNMoney.com) — The Small Business Administration plans to …


Regulators target four savings and loans for stress tests - Daily Business Review

our U.S. savings and loans are being subjected to financial stress tests, the head of the Office of Thrift Supervision said, expanding regulatory efforts to determine the financial health of the nations largest lenders. Four institutions are under …

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