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Latest Equity Loans news:Late payments on equity loans rise
WASHINGTON, July 3 (UPI) -- Delinquency rates on home-equity loans are higher than they have been in more than a decade, the American Bankers Association said.
Read more News Source - UPI
Publish date - 18:06:28 07/03/08
Late payments on equity loans rise
Delinquency rates on home-equity loans are higher than they have been in more than a decade, the American Bankers Association said.Late payments have reached an 11-year high as the consumer is getting hit from all directions, Joel Naroff, president of Naroff Economic Advisers told USA Today.Consumers most often deal with home loans as the highest priority, followed by car loans and then credit ...
Read more News Source - Moldova.org
Publish date - 18:08:49 07/03/08
Bad home equity loans highest in 11 years
Consumers fell behind on loans secured by their homes at the fastest pace in two decades in the first quarter, signaling deeper distress in the economy, the American Bankers Association reported Wednesday.
Read more News Source - Miami Herald
Publish date - 21:16:29 07/02/08
Bad Credit Loans Offer Last Line of Credit
As money becomes increasingly scarce, bad credit loans offer the last line of available credit explains Andy Hygate from www.loansbadcredit.org.uk . (PRWeb Jul 4, 2008) Read the full story at http://www.prweb.com/releases/2008/07/prweb1075254.htm
Read more News Source - PRWeb
Publish date - 08:54:48 07/04/08
UPI NewsTrack Business
U.S. markets mixed before holiday ... United raises prices at the bar ... Not bribes, consulting fees, attorney says ... Late payments on equity loans rise ... News from United Press International.
Read more News Source - UPI
Publish date - 21:06:27 07/03/08
Bad Credit Loans Offer Last Line of Credit
As money becomes increasingly scarce, bad credit loans offer the last line of available credit explains Andy Hygate from www.loansbadcredit.org.uk.
Read more News Source - PRWeb via Yahoo! News
Publish date - 08:00:30 07/04/08
CIT Group Is Selling Off Bad Loans
The CIT Group said it had agreed to sell nearly $10 billion of mortgage assets in a deal that would remove problem loans from its balance sheet. Its shares rose almost 30 percent.
Read more News Source - NYTimes.com via Yahoo! Finance
Publish date - 03:36:49 07/03/08
Overdue Home-Equity Credit Lines Rise Most Since 1987 (Update3)
July 2 (Bloomberg) -- Consumers fell behind on loans secured by their homes at the fastest pace in two decades in the first quarter, signaling deeper distress in the U.S. economy, the American Bankers Association reported.
Read more News Source - Bloomberg.com
Publish date - 20:16:48 07/02/08
Home-equity credit being cut
Melville, N.Y. - Melville, N.Y. - Homeowners have been getting their home-equity lines of credit frozen or pared down...
Read more News Source - Milwaukee Journal Sentinel
Publish date - 19:38:35 07/03/08
Morgan Stanley’s Rescue Efforts
The new Bell Canada deal agreement, which keeps alive the largest private equity deal in history, owes its origins to several parties, principally to Providence Equity Partners ‘ Jonathan Nelson and Citigroup ’s Chad Leat.
Read more News Source - New York Times
Publish date - 17:11:46 07/04/08
$52 Billion Deal for Bell Canada
Private equity buyers apparently salvaged a record $52 billion deal for Bell Canada on Friday by postponing its closing date and canceling dividend payments.
Read more News Source - New York Times
Publish date - 16:28:26 07/04/08
Late payments on consumer loans dipped in 1Q
WASHINGTON -- Late payments on consumer loans dipped slightly in the first three months of the year, but remained at a level not seen since the early 1990s. The American Bankers Association said Wednesday that late payments on a broa
Read more News Source - Post-Bulletin
Publish date - 14:36:25 07/03/08
Identity Theft Can Drain Your Home Equity Credit Line So Check Accounts Regularly, Says ITAC
ITAC, the Identity Theft Assistance Center, warns consumers to regularly check their Home Equity Lines of Credit (HELOC) accounts, following release of a Federal Bureau of Investigation (FBI) report indicating an increase in the use of identity theft to drain these accounts.
Read more News Source - Centre Daily Times
Publish date - 13:54:45 07/03/08
FDIC Warns Banks On Legally Scaling Back Home Equity Lines
WASHINGTON -(Dow Jones)- Lenders eager to scale back or suspend home equity loans amidst the ongoing housing slump must meet certain legal requirements aimed at protecting consumers, a top U.S. banking regulator warned in a letter to bank executives.
Read more News Source - Nasdaq
Publish date - 15:28:11 07/01/08
USDA AWARDS $1.4 BILLION IN ELECTRIC LOANS
WASHINGTON, July 3, 2008 —Agriculture Secretary Ed Schafer today announced $1.4 billion in loans to build new distribution lines and make system improvements for more than 73,413 new customers and finance the construction and repair of 6,206 miles of distribution line.
Read more News Source - USDA
Publish date - 17:25:31 07/03/08
Late payments on consumer loans dipped in 1Q
Late payments on consumer loans dipped slightly in the first three months of the year, but remained at a level not seen since the early 1990s.
Read more News Source - AP via Yahoo! Finance
Publish date - 16:33:48 07/02/08
Real Estate Weekly: Home-eauity-loan woes continue to mount
The delinquency rate on home-equity lines of credit rose to its highest in more than a decade during the first quarter, the American Bankers Association said this week.
Read more News Source - Market Watch
Publish date - 16:22:04 07/04/08
UK bank B&B ups rights issue size after TPG quits
Bradford & Bingley plans to increase its rights issue to 400 million pounds ($794 million) after U.S. private equity firm TPG Capital pulled out of a plan to buy a stake, sending its shares lower.
Read more News Source - Reuters via Yahoo! News
Publish date - 08:54:22 07/04/08
Home-equity-loan Delinquencies Hit Record High In ABA Data
Home-equity-loan Delinquencies Hit Record High In ABA Data
Read more News Source - Fox News
Publish date - 15:10:10 07/02/08
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