|
Fed Eyes More Emergency Loans (Time Magazine)
The Federal Reserve is considering giving squeezed Wall Street firms more time to draw emergency loans directly from the central bank to help them overcome credit problems
us.rd.yahoo.com
Don't blame Missouri subprime mortgage problems on subprime loans, researcher says (The Kansas City Star)
Don't blame Missouri's subprime mortgage problems on subprime loans, says a researcher for the credit union industry.
us.rd.yahoo.com
Firstplus stops making new loans (BBC News)
Banking giant Barclays cuts 300 jobs at its home loans division Firstplus in Cardiff because of slowing demand.
us.rd.yahoo.com
Credit Crisis Shakes Confidence In Student Loans (NPR)
The federal student loan program has helped tens of millions of students pay for college. But with the economy in a downward spiral, lenders have been pulling out. Funding for new loans has dried up. For the first time, public confidence in the program seems shaky.
us.rd.yahoo.com
Fed Eyes Extending Emergency Loans For Wall Street (CBS News)
The Federal Reserve is considering giving squeezed Wall Street firms more time to draw emergency loans directly from the central bank to help them overcome credit problems, chairman Ben Bernanke said Tuesday.
us.rd.yahoo.com
Aussie declines further versus most majors as May Home Loans Down 7.9% On Month (Nasdaq)
(RTTNews) - The Australian dollar fell further against its major counterparts in early Asian deals on Wednesday, following the release of data showing that Australia's home loans were down 7.9% on month and investment lending was down 6.8% in the month of May.
us.rd.yahoo.com
Barclays Stops Loans at Subprime Unit, Sheds 300 Jobs (Update1) (Bloomberg.com)
July 8 (Bloomberg) -- Barclays Plc , the U.K.'s fourth-biggest bank, will stop selling new loans at its U.K. subprime loans unit and shed about 300 jobs because customer demand is drying up.
us.rd.yahoo.com
IndyMac to stop most mortgage loans, cut 3,800 jobs (Reuters via Yahoo! News)
IndyMac Bancorp Inc , one of the largest U.S. mortgage lenders, said on Monday it will eliminate 3,800 jobs and stop making most home loans after regulators concluded it was no longer "well capitalized."
us.rd.yahoo.com
Credit crunch: Britain's largest provider of secured loans closes doors to new customers (Daily Mail)
Britain's largest provider of secured loans, Firstplus, which has been promoted by Carol Vorderman, is shutting down to new business. The finance company, owned by Barclays Bank, is cutting 300 jobs following a decision not to take on any new customers.
us.rd.yahoo.com
Feds OK Interest Rate Cap on Manitoba Payday Loans (CJOB News First)
Manitoba has moved another step closer to capping interest rates on payday loans. The province has received the green light from the federal government - through the Criminal Code - to set maximum interest rates for short-term loans.
us.rd.yahoo.com
|
