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Here you can find Equity Loans and equity loans related news in one place, so you don`t need surfing around hundred sites to find what you want! Top Equity Loans related hottest news! Enjoy! Latest Equity Loans news: BofA: More losses likely in home-equity loans As home values continue to fall, Bank of America Corp. is preparing for deeper losses on home-equity loans, a top executive said Tuesday. The Charlotte bank's planned acquisition of troubled mortgage lender Countrywide Financial Corp., however, remains on track "at this point," consumer and small business banking executive Liam McGee said at an investor conference in New York. Bank of America ... Read more News Source - The Charlotte Observer Publish date - 10:32:04 05/14/08 Bank of America sees higher home equity losses Bank of America Corp on Tuesday increased its forecast for expected losses from home equity loans, citing the deteriorating U.S. housing market. Read more News Source - Reuters via Yahoo! News Publish date - 18:54:26 05/13/08 PRIVATE EQUITY'S EXODUS Even as Citigroup, Deutsche Bank and other investment banks purge themselves of billions in buyout loans, investors remain skittish about investing in the high-yield debt market. Buyers have gotten spoiled on snatching up deeply discounted paper and the logical investors for leveraged deals - mainly hedge funds - have still not returned to the market, debt managers say. Excluding a handful of ... Read more News Source - New York Post Publish date - 08:03:06 05/15/08 Bank of America Expects Higher Losses on Home Equity (Update3) May 13 (Bloomberg) -- Bank of America Corp. , the nation's biggest consumer bank, said losses on home-equity loans will be even worse than predicted three weeks earlier, adding to evidence that more consumers are falling behind on debts. Read more News Source - Bloomberg.com Publish date - 19:13:11 05/13/08 SBA Loans Plummet The total of the agency's flagship 7(a) loans is down 18%. The agency blames the economy; others cite the flight of banks from the program Read more News Source - BusinessWeek Publish date - 20:26:25 05/14/08 CBA scores on home loans CBA has experienced above average growth in its home loans and household and business deposits, but "difficult trading conditions" will have a "negative impact" on second-half earnings. Read more News Source - Adelaide Now Publish date - 01:37:32 05/15/08 First International offers home equity loans The program is being offered to customers with a current bank account who take a First International Bank mortgage. Read more News Source - Globes Online Publish date - 09:07:21 05/14/08 Blackstone reports loss amid turbulent markets Private equity company Blackstone Group reported a first-quarter loss on Thursday as turbulent markets cut into the value of its investments. Read more News Source - Reuters via Yahoo! News Publish date - 15:12:52 05/15/08 BofA expects more home-equity loan losses Bank of America Corp. expects the losses on its home-equity portfolio to be higher than its previous estimates of 2 percent to 2.5 percent. (BAC) (CFC) Read more News Source - The Portland Business Journal Publish date - 16:53:31 05/14/08 The Latest Twist in Student Loans Because of the credit crunch, conventional lenders are making it tough for any but the most creditworthy borrowers to qualify for private college loans. Now, a new breed of student lender is trying to get students to return the snub -- by writing off the Sallie Maes and Citibanks of the world in favor of relying on friends, family, and even perfect strangers to finance their college loans. ... Read more News Source - BusinessWeek Online via Yahoo! News Publish date - 12:21:23 05/13/08 ICICI Seeks $3 Billion for India Private Equity, Property Funds May 15 (Bloomberg) -- ICICI Bank Ltd. , India's second biggest lender, plans to raise as much as $3 billion for two funds as it competes with Morgan Stanley and Deutsche Bank AG to invest in the world's second-fastest growing major economy. Read more News Source - Bloomberg.com Publish date - 06:27:51 05/15/08 CONSUMER CREDIT CRISI$ SHOWING UP IN THE CARDS The money drain from high food and gas prices is causing consumers to fall behind on home-equity loans at Bank of America - at an even faster rate than the bank forecast only three weeks ago. The grim report from the nation's second biggest bank underscored new problems ahead from the widespread debt that consumers piled up by borrowing against inflated home values to finance spending sprees ... Read more News Source - New York Post Publish date - 08:01:22 05/14/08 TV best bets MAXED OUT: HARD TIMES, EASY CREDIT AND THE ERA OF PREDATORY LENDERS — Everyone knows credit cards and home-equity loans are still too easy to get, and this 2006 documentary explains why. Read more News Source - The Record Publish date - 13:31:33 05/14/08 MBIA, Ambac Losses Elevate Aaa Concern, Moody's Says (Update3) May 13 (Bloomberg) -- MBIA Inc. and Ambac Financial Group Inc. had ``meaningfully'' higher losses on home-equity loans and collateralized debt obligations than anticipated, raising concern about their Aaa status, Moody's Investors Service said. Read more News Source - Bloomberg.com Publish date - 22:28:10 05/13/08 Bank of America Sees Higher Losses on Home Equity (Update1) May 13 (Bloomberg) -- Bank of America Corp., the second- biggest U.S. bank, widened its forecast of home-equity loan losses beyond projections offered last month, adding to evidence that more consumers are falling behind on the debts. Read more News Source - Bloomberg.com Publish date - 13:28:21 05/13/08 Jumbo loan rates finally decline The interest rates for jumbo mortgage loans are coming down, but standards for qualifying are much tighter. Read more News Source - Bankrate.com via Yahoo! Finance Publish date - 12:47:44 05/15/08 Blackstone posts 1Q loss on weakening markets Blackstone Group LP, one of the world's largest private equity funds, on Thursday reported its second straight quarterly loss as the leveraged buyout market dried up and its portfolio of companies lost value. Read more News Source - AP via Yahoo! Finance Publish date - 14:30:45 05/15/08 Blackstone Posts Loss on Mark-Downs The company posted a $93.6 million loss in its first quarter as it marked down the value of its investments amid a tough environment for private equity firms. Read more News Source - NYTimes.com via Yahoo! Finance Publish date - 14:37:54 05/15/08 Blackstone Has $66.5 Million Loss as Value of Holdings Declines May 15 (Bloomberg) -- Blackstone Group LP , manager of the world's largest private-equity fund, said it had a loss of $66.5 million in the first quarter as leveraged buyouts evaporated and the value of companies it owns declined. Read more News Source - Bloomberg.com Publish date - 13:13:30 05/15/08 |
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