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Latest Equity Loans Bad Credit news:BofA ‘Comfortable’ Bank Can Absorb Home-Equity Losses (Update1)
March 11 (Bloomberg) -- Bank of America Corp. Chief Executive Officer Brian Moynihan said the lender, the biggest in the U.S., can absorb losses on its $149 billion home-equity loan portfolio even after the four-year slump in housing prices .
Read more News Source - Bloomberg
Publish date - 16:38:55 03/11/10
Real Estate's Link to the Small Business Credit Crunch
It's no secret that small businesses in the U.S. face difficulties accessing credit. According to a survey of a random sample of 751 small businesses conducted by Gallup at the end of 2009 for the National Federation of Independent Business Research Foundation, 44% of small businesses seeking credit in 2009 received only some or none of the money they sought. This level of credit access compares ...
Read more News Source - BusinessWeek via Yahoo! News
Publish date - 13:14:50 03/10/10
Bond Spreads at Narrowest This Year Lure GMAC: Credit Markets
March 11 (Bloomberg) -- Corporate bond yields fell to the lowest this year relative to benchmark government securities, luring GMAC Inc. to sell its longest-maturity notes since 2004.
Read more News Source - Bloomberg
Publish date - 21:07:42 03/11/10
A CEO Makes Tough Calls As Bad Loans Trim Capital
Like many community banking companies striving to protect capital against a rising tide of problem assets, Integra Bank Corp. in Evansville, Ind., is making some tough choices.
Read more News Source - Financial Planning.com
Publish date - 13:37:18 03/08/10
ICBC Plans No Fund Raising; Loans Jump to Record in 2009
March 8 (Bloomberg) -- Industrial & Commercial Bank of China Ltd. , the world’s largest lender by market value, said it has no fund-raising plans even after boosting new loans by 24 percent to a record last year.
Read more News Source - Bloomberg
Publish date - 04:31:01 03/08/10
Real Estate's Link to the Small Business Credit Crunch
It's no secret that small businesses in the U.S. face difficulties accessing credit.
Read more News Source - HispanicBusiness.com
Publish date - 17:10:22 03/08/10
Robert Peston
New support for banks after the election?
Read more News Source - BBC News
Publish date - 15:42:41 03/11/10
Senators Target Wall Street, With Goldman Sachs In Mind
A quintet of Democratic senators introduced legislation Wednesday to specifically prohibit investment maneuvers that have been likened to "selling a car with faulty brakes and then buying an insurance policy on the buyer of those cars".
Read more News Source - HuffingtonPost.com via Yahoo! News
Publish date - 14:37:39 03/11/10
Fact And Comment
Oh, no! Fannie and Freddie are back!
Read more News Source - Forbes
Publish date - 22:59:52 03/11/10
NGAS Reports Fourth Quarter and Full Year 2009 Results
LEXINGTON, Ky. -- NGAS Resources, Inc. today reported fourth quarter 2009 total revenue of $14.8 million compared to $21.8 million for the comparable quarter in 2008. For the full year, total revenue was $57.8 million compared to $84.4 million for 2008.
Read more News Source - GlobeNewswire via Yahoo! Finance
Publish date - 21:06:40 03/11/10
BSP phases out liquidity measures but keeps rates
The central bank on Thursday said it was phasing out liquidity-enhancing measures as part of a continuing move to tighten monetary policy to control money in the financial system amid the recovering economy.
Read more News Source - GMANews.TV via Yahoo! Philippines News
Publish date - 09:49:22 03/11/10
Bank of China plans $7.7 bln HK share issue soon
* H share offer equal to 20 pct of H-share capital
Read more News Source - Reuters via Yahoo! Philippines News
Publish date - 08:38:24 03/11/10
Mortgage debts may linger, even after foreclosure
Local experts say foreclosures have displaced nearly 90,000 Minnesotans from their homes to learn that mortgage debt can linger even after the home is lost.
Read more News Source - Minnesota Public Radio
Publish date - 18:12:13 03/11/10
Senators Target Wall Street, With Goldman Sachs in Mind
by Shahien Nasiripour A quintet of Democratic senators introduced legislation Wednesday to specifically prohibit investment maneuvers that have been likened to "selling a car with faulty brakes and then buying an insurance policy on the buyer of those cars" . read more
Read more News Source - CommonDreams.org
Publish date - 21:24:43 03/11/10
Scotiabank posts record domestic profit
Bank of Nova Scotia reported a first-quarter profit of nearly $1-billion as growth in demand for residential mortgages and personal loans boosted the domestic lending operation. For the three months ...
Read more News Source - MalaysiaNews.net
Publish date - 21:07:16 03/09/10
QUICK POLL
AMSTERDAM-Given the substantial overhang of debt overhanging the real estate market, in particular CMBS, a Brady Plan equivalent for property could be an interesting solution, says Michiel Rang, head Europe and Asia, ING Commercial Banking.
Read more News Source - GlobeSt.com
Publish date - 11:25:41 03/11/10
Orbit International Corp. Reports 2009 Fourth Quarter and Year-End Results
HAUPPAUGE, N.Y.----Orbit International Corp. , a defense and industrial electronics manufacturer, systems integrator and software solution provider, today announced results for the fourth quarter and year ended December 31, 2009.
Read more News Source - Business Wire via Yahoo! Finance
Publish date - 13:46:21 03/11/10
Reserve Bank Agrees There is a Housing Shortage in Australia
RBA assistant governor Philip Lowe said in a speech in Sydney yesterday that constraints on home building are restricting the supply of homes in Australia. The shortage is one factor keeping prices up. Nothing was said about the lending boom.
Read more News Source - The Daily Reckoning
Publish date - 19:59:43 03/11/10
FDIC to encourage pension funds to invest in failed banks
U.S. regulators are encouraging public pension funds that control more than $2 trillion to inject capital directly into the banking system by buying failed lenders, said people briefed on the matter.
Read more News Source - Greenwich Time
Publish date - 16:59:27 03/11/10
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