Man gets 3 years for fraud in getting loans - Billings Gazette

Admin Student Loans February 26th, 2009

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A former Billings man who used a fake credit report to defraud two Billings credit unions of about $37,000 will spend three years in federal prison on bank fraud charges. Senior U.S. District Judge Jack Shanstrom Thursday sentenced Thomas Joseph …


Bernanke: TALF will support auto lending - Nashville City Paper

The Federal Reserves program to revive the market for securities backed by loans is likely to provide substantial support to auto lending, Chairman Ben S. Bernanke told the House Financial Services Committee. Terms of the $200 billion Term …


Visteon Grapples With Loans as Carmakers Lobby Obama Task Force - Bloomberg

Feb. 26 (Bloomberg) — Visteon Corp. , the Ford Motor Co. spinoff, said yesterday it may join other suppliers in breaking loan terms, raising fresh concerns about the health of U.S. partsmakers on which car companies rely. Lear Corp. , American Axle …

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