Posts Tagged ‘Loans’

The Economy’s Better. Why Are 401(k) Loans Up?

Latest Personal Loan Offers: Millions of Americans are turning to what was once a lender of last resort. View full post on All Stories

Rules under which a prosecution can be pursued

The back-to-back loans of €7.45bn provided to Anglo by Irish Life and Permanent is one of the issues under investigation by the corporate enforcer Paul Appleby. View full post on All Stories

Nigerian nabbed in cheating case

, May 29 (PTI) A Nigerian has been arrested for allegedly cheating people of several lakhs of rupees through e-lottery racket and promising them huge loans from overseas banks, police said. Nduka … View full post on All Stories

Give new world order its head on the IMF

Peter Bofinger’s analysis that Greece’s creditors need to take a 40pc hit on their Athenian loans reveals what a mess Europe’s monetary system is in. View full post on All Stories

B?ank of America makes $7 million in loans to underserved areas of Nevada

Bank of America announced that it made $7 million in loans in Nevada during 2009 and 2010 to underserved, minority and low- and moderate-income neighborhoods. View full post on All Stories

Irish Banks Shed U.S. Loan Holdings

Under pressure to reduce its holding of troubled loans, Allied Irish Banks has struck a deal to sell a portfolio of roughly $1 billion in U.S. commercial mortgages to Blackstone Group and Wells Fargo. View full post on All Stories

Fixed mortgage rates hit new lows, but sales stay weak

New York- Fixed mortgage rates fell last week to the lowest point of the year, offering incentive for homeowners to save money by refinancing their loans. View full post on All Stories

Bill would make it tougher for workers to tap 401(k)

Congress wants to make it tougher for workers to tap their 401(k) retirement funds — and to make it easier for them to repay those loans when they do. View full post on All Stories

Moody’s Cuts $1.9B of Alt-A RMBS

Moody’s Investors Service downgraded $1.9B of alt-A residential mortgage-backed securities Friday, as the rating agency continues to lower its expectations on underlying loans. View full post on All Stories

Credit Agricole First-Quarter Net Doubles on Investment Bank

Credit Agricole SA, France’s third- largest bank by market value, reported a doubling in first- quarter profit, helped by higher revenue at its investment bank and lower provisions for doubtful loans. View full post on All Stories

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