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September 2008

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Problem loans weigh on UCB (BizJournals)

United Commercial Bank, one of the largest lenders in Silicon Valley, is coping with rising numbers of soured construction loans and more than $30 million in construction-related write-offs over the past three quarters.

Written by Yahoo! News Search Results for loans on September 29th, 2008 with no comments.
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Students find getting college loans tougher (Connecticut Post)

Every day, it seems, Kathleen Gailor, the University of Bridgeport's director of financial aid, is crossing another name off a list she keeps of lenders willing to give out student loans.

Written by Yahoo! News Search Results for loans on September 28th, 2008 with no comments.
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Automakers to get $25 billion in loans (UPI)

DETROIT, Sept. 28 (UPI) -- Congressional approval of $25 billion in low-interest loans could boost the flagging U.S. auto industry, Sen. Carl Levin, D-Mich., says.

Written by Yahoo! News Search Results for loans on September 28th, 2008 with no comments.
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Loans available for homes damaged by Ike (The Katy Sun)

Low-interest disaster loans are now available to Texas residents and businesses as a result of President Bush's Federal disaster declaration.

Written by Yahoo! News Search Results for loans on September 28th, 2008 with no comments.
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Webster Bank loses $12.5 million in bad construction loans (Republican-American)

Webster Bank announced plans Tuesday to open flagship branches in Boston and Providence, R.I., even as its parent company said it expects to take a bigger hit from bad loans in the third quarter.

Written by Yahoo! News Search Results for loans on September 28th, 2008 with no comments.
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China subsidizes loans to support dairy production (China Daily)

China will subsidize loans to dairy producers in an effort to promote raw milk purchases following the tainted milk powder scandal. Lending costs from October to December will be reduced by 3.1 percent, or half of the six-month lending rate, the Ministry of Finance said on Saturday.

Written by Yahoo! News Search Results for loans on September 28th, 2008 with no comments.
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The perils of inclusive loans (The Times of India)

Inclusive finance - giving loans to everybody, including the poor - is desired by politicians in India, and in all democracies. Yet, the current US financial crisis shows the perils of taking this goal too far.

Written by Yahoo! News Search Results for loans on September 28th, 2008 with no comments.
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Senate approves auto industry loans (WOOD TV 8 Grand Rapids)

WASHINGTON -- The Senate has approved funding for $25 billion in government loans to help the auto industry modernize plants and build more fuel-efficient vehicles.

Written by Yahoo! News Search Results for loans on September 27th, 2008 with no comments.
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Congress OKs $25 billion in loans for automakers (Louisville Courier-Journal)

Automakers gained $25 billion in taxpayer-subsidized loans that could help Ford Motor Co.'s plan to build small cars in Louisville as the Senate passed a sprawling spending bill.

Written by Yahoo! News Search Results for loans on September 27th, 2008 with no comments.
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Congress Approves Auto-Industry Loans, Defense Budget (Update1) (Bloomberg)

Sept. 27 (Bloomberg) -- The U.S. Congress gave final approval to legislation providing the auto industry with $25 billion in loans, lifting an offshore oil-drilling ban and funding the government until the next president takes office.

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