Archive for June, 2009
Small Business Administration changing rules for expansion loans - Dallas Morning News
Regulators target four savings and loans for stress tests - Daily Business Review
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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 …
Suppliers to receive help with loans - Detroit Free Press
The state launched a plan Wednesday to help auto suppliers secure loans that would enable them to diversify their businesses and break into growing industries, such as homeland security and aerospace. The state said it would team up with banks to …
Fitch: SPE Structure Holds up in GGP Ch. 11 but Adds Costs to U.S … - Businesswire.com
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NEW YORK–( BUSINESS WIRE )–The integrity of U.S. CMBS loan special purpose entities (SPE) has been upheld by the bankruptcy court rulings to date in the General Growth Properties, Inc., (GGP) bankruptcy case, though the costs of defending the …
AP sources: Government mulls fresh aid to GMAC - Houston Chronicle
WASHINGTON The government is close to providing auto lender GMAC with billions of dollars in fresh aid, according to people with familiar with the matter. The cash infusion is intended to help the company make loans for General Motors Corp. and …
Chrysler wins approval to use $5 billion in loans - Allentown Morning Call
NEW YORK - A bankruptcy judge ruled Wednesday that Chrysler can use $4.96 billion in government loans to keep operating and create a bridge to the sale of its most valuable assets to Italys Fiat Group SpA. Judge Arthur Gonzalez had given interim …
Payday Loans Down 84 Percent In Va. (WRIC 8 News Richmond)
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RICHMOND, Va. (AP) - New laws that cut down on the number of payday loans borrowers can get have drastically reduced the number of the short-term, high-interest loans issued in Virginia. Last year, Virginia’s
Non-performing loans: body to be formed to solve industrial units’ problems (Business Recorder)
ISLAMABAD (June 21 2009): The Federal government has agreed to constitute a committee to resolve the problems of those industries, which are unable to pay back loans to banks due to the ongoing economic slump.