15 charged with student loan fraud in SCThe Herald | HeraldOnline.comBy Diane Knich – dknich@postandcourier.com Fifteen people were indicted Friday on charges they took out federal student loans to attend college for people who never intended to go to college. … Continue reading →

Sydney Morning HeraldCommonwealth Bank's New Loans Are Profitable, CEO Narev SaysBloombergCommonwealth Bank of Australia, the nation's biggest by market value, said new loans are profitable after boosting its mortgage lending rate by 10 basis points last week, a move independent … Continue reading →

BloombergChrysler pulls back application for federal loanSouthgate News HeraldChrysler Group LLC is withdrawing its application for a major $3.5 billion loan from the US Department of Energy. The automaker first applied for the loans, which are designed to encourage manufacturers … Continue reading →

Online start-ups are offering short-term loans that can carry high fees.Why bother refinancing should you already have an excellent rate? You will find costs a part of just about any refinance, and you will have to begin your repayment term … Continue reading →

Commonwealth Bank of Australia, the nation’s biggest by market value, said new loans are profitable after boosting its mortgage lending rate by 10 basis points last week, a move independent of the central bank.

Commonwealth Bank of Australia, the nation’s biggest by market value, said new loans are profitable after boosting its mortgage lending rate by 10 basis points last week, a move independent of the central bank.There are a couple of ways in … Continue reading →

Financial TimesChina tells banks to roll over loansFinancial TimesBy Simon Rabinovitch in Beijing China has instructed its banks to embark on a mammoth roll-over of loans to local governments, delaying the country's reckoning with debts that have clouded its economic … Continue reading →

Cheap Loans in Europe May Only Defer Banking CrisisNew York TimesFRANKFURT — Few would begrudge Mario Draghi his boast last week that he and the European Central Bank had prevented a disastrous credit crisis by showering banks with cheap loans … Continue reading →

Details emerge on Rep. McKeon's Countrywide loanBoston.comLOS ANGELES—Documents detail the terms of a discounted mortgage loan received by US Rep. Howard McKeon from the now-defunct Countrywide Financial Corp. under a VIP program, according to a published report. McKeon received a … Continue reading →

The government could lose nearly $3 billion on Energy Department loans for green energy programs — far less than the $10 billion Congress set aside for the high-risk program, according to an independent review.If your home’s value has dropped significantly, … Continue reading →

The government could lose nearly $3 billion on Energy Department loans for green energy programs — far less than the $10 billion Congress set aside for the high-risk program, according to an independent review.Before refinancing your existing mortgage, make sure … Continue reading →

Economists fear that the loans provided by the European Central Bank simply could be creating the conditions for another banking crisis several years from now.If your home’s value has dropped significantly, may very well not have adequate home equity to … Continue reading →

BloombergAuto and Student Loans Drive Borrowing SurgeWall Street JournalHousehold borrowing through credit cards, car loans, student loans and other installment debt—which excludes mortgages—rose at a seasonally adjusted 9.3% annual rate in December, following a 9.9% rise in November, the Fed … Continue reading →

BloombergBad Home Loans Top $72 Billion in 'Colossal Failure': MortgagesBusinessWeekThe wrangling over the status of old loans has made some banks more reluctant to make new ones, even as Federal Reserve Chairman Ben S. Bernanke appeals for action to increase … Continue reading →

Hybrid Cars NewsFisker Stops Work on Car Factory After US Blocks LoanBusinessWeek7 (Bloomberg) — Fisker Automotive Inc. said it halted work on a Delaware auto factory to make plug-in sedans after the US Energy Department blocked access to its federal … Continue reading →

Credit builder loans, offered by credit unions and other institutions, help credit-starved borrowers rebuild or establish a credit history.

Some large banks make small loans, similar to payday loans, for customers with direct deposit.There are a couple of ways in which a property owner can receive mortgage debt help. Home mortgage Modification, Home Short Sale, and Refinancing your home … Continue reading →

Some large banks make small loans, similar to payday loans, for customers with direct deposit.House loan refinancing enables homeowners to avoid wasting big money on a monthly basis through benefit of the near record low interest rates available now. Other … Continue reading →

Change.orgOnline Campaign Prompts Sallie Mae to Change Fee Policy for Loan SuspensionsNew York TimesOn Thursday, three months after Bank of America backed down from imposing a $5 monthly debit card fee in response to an online Change.org petition that collected … Continue reading →

New York Times (blog)With Role Lessened, Loan Chief Exits BofAWall Street JournalBy DAN FITZPATRICK and JOANN S. LUBLIN Barbara Desoer, a high-profile mortgage executive who once was a candidate to become chief executive of Bank of America Corp., is leaving … Continue reading →

Chrysler Continues to Seek US Energy LoansBloombergChrysler Group LLC will continue pursuing loans from the US Energy Department while the failure of companies that have borrowed from government programs may prolong the process, the chief executive officer said. “I'm not … Continue reading →

Despite the second-highest delinquency rate among all property types, U.S. multifamily CMBS fortunes have significantly turned for the better in recent months, according to Fitch RThe mortgage market stands to get hit quite hard when the BOE Rate does eventually … Continue reading →

Deutsche Bank AG shunned the three- year loans the European Central Bank offered to banks in December on concern taking the funds could damage its reputation with customers, said Chief Executive Officer Josef Ackermann.If your home’s value has dropped significantly, … Continue reading →

Deutsche Bank AG shunned the three- year loans the European Central Bank offered to banks in December on concern taking the funds could damage its reputation with customers, said Chief Executive Officer Josef Ackermann.The best rates on mortgages rising and … Continue reading →

CTV.caBradesco sees faster loan growth; shares sinkReutersN), reported a lower fourth-quarter profit that missed the analysts' average estimate as surging expenses and provisions for bad loans overshadowed a jump in interest, investment banking and trading-related income. Results for Bradesco and … Continue reading →

Mass. sets up $1M loan fund for fishermenCBS News(AP) BOSTON — Massachusetts on Tuesday announced that it has set up a $1 million loan fund to help the dwindling number of fishermen with smaller businesses buy the rights to catch … Continue reading →

BloombergSmall biz loan demand up, Federal Reserve saysCNNBy Jose Pagliery @CNNMoney January 31, 2012: 6:04 PM ET NEW YORK (CNNMoney) — A growing portion of the nation's banks saw a spike in demand for loans to smaller firms late last … Continue reading →