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April 2008

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Franklin Synergy Bank approved for Freddie Mac loans (BizJournals)

Franklin Synergy Bank has been approved by Freddie Mac to sell loans to Freddie Mac and service Freddie Mac-owned loans.

Written by Yahoo! News Search Results for loans on April 29th, 2008 with no comments.
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Countrywide posts loss as bad loans soar (Reuters via Yahoo! News)

Countrywide Financial Corp , the largest U.S. mortgage lender, posted a surprisingly large $893.1 million first-quarter loss on Tuesday, taking more than $3 billion of charges for write-downs and bad loans as the housing slump deepens.

Written by Yahoo! News Search Results for loans on April 29th, 2008 with no comments.
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L.A.’s Grand Avenue project snags on loans (Los Angeles Times)

The $3-billion effort has had difficulty obtaining construction financing amid the real estate downturn. The projected finish date for its first phase is now 2012. The developer of the Grand Avenue project in downtown Los Angeles said Monday that completion of the $3-billion redevelopment effort will be delayed until 2012 because of difficulty in obtaining construction loans amid the real ...

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Consolidating student loans at a lower rate gets tougher (USA Today)

In late 2005, though, Congress set a fixed rate of 6.8% for Stafford loans, the most popular kind of federal student loans. If you have federal loans issued after July 1, 2006, consolidating will no longer affect the interest you pay.

Written by Yahoo! News Search Results for loans on April 28th, 2008 with no comments.
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The Color of Money: Big loans for college have big downsides (The Columbus Dispatch)

There's been quite a bit of news lately about how, as the credit crisis continues, it may be more difficult for some families to get student loans.

Written by Yahoo! News Search Results for loans on April 27th, 2008 with no comments.
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MICHELLE SINGLETARY Student loans present tough decisions (The Tuscaloosa News)

WASHINGTONThere's been quite a bit of news lately about how, as the credit crisis continues, it may be more difficult for some families to get student loans.

Written by Yahoo! News Search Results for loans on April 27th, 2008 with no comments.
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Student loans in a pinch (Denver Post)

President Bush said Saturday that the credit crunch is threatening the availability of student loans. He said his administration is doing what it can to help with emergency loans but prodded Congress for authority to do more.

Written by Yahoo! News Search Results for loans on April 27th, 2008 with no comments.
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The 10 locally based banks with the most problem loans on their books (Sun-Sentinel)

Local banks with outstanding loans

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Out of social networking, peer-to-peer loans (The Wichita Eagle)

This is not the best time to need a loan. Banks have closed their doors to many who want home equity loans, student loans and mortgages. In a credit crunch, borrowers who need money may ask friends and family or use their credit cards. But there's another group you might want to try: People you meet over the Internet. Peer-to-peer lending networks -- they link borrowers with individuals ...

Written by Yahoo! News Search Results for loans on April 27th, 2008 with no comments.
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Disaster loans available in Bristol, Plymouth counties (The Standard-Times)

ATLANTA — The Small Business Administration announced that federal economic injury disaster loans are available to small businesses in Massachusetts as a result of drought and extreme heat that occurred July 15-Dec. 31, 2007.

Written by Yahoo! News Search Results for loans on April 27th, 2008 with no comments.
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