November 2008
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Washington banks saw their bad loans rise and their capital levels drop, according to the Federal Deposit Insurance Corp.’s quarterly banking report released this week.
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The government is considering a proposal to make home loans cheaper for consumers through interest subsidy, aiming to stimulate demand in the realty sector which has a spin-off effect on many industries like cement and steel, said a senior government official, who declined to be named.
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About 20 credit unions in Connecticut have agreed to start making student loans at fixed interest rates significantly below the 6.99 percent rate now offered by the Connecticut Higher Education Supplemental Loan Authority.
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Student advocacy groups are urging the Treasury Department to prevent a new $200 billion consumer lending program from benefiting private student lenders, which they say are largely unregulated and prey on students with risky, high-interest loans. The program, announced this week and developed by the Treasury and Federal Reserve, is not aimed specifically at the student loan market. Its much ...
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Nov. 28 (Bloomberg) -- French President Nicolas Sarkozy unveiled a plan to aid the construction industry hurt by the economic crisis by offering interest-free loans for home renovations.
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The government is considering a proposal to make home loans cheaper for consumers through interest subsidy, aiming to stimulate demand in the realty sector which has a spin-off effect on many industries like cement and steel, said a senior government official, who declined to be named.
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VietNamNet Bridge – Due to the global financial crisis, the prices of foreign currencies have been fluctuating, putting businesses that take out loans in foreign currencies at risk.
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A YORKSHIRE loans company is offering borrowers "up to £5,000 in 15 minutes" at an interest rate of 378 per cent.
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The Slidell mortgage branch of First Horizon Home Loans has announced it is now officially part of MetLife, and doing business as a mortgage branch of MetLife Home Loans.
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The proposal will also include providing loans at below market rates to real estate developers. But the loan disbursed under this will come with a number of conditions like an upper ceiling on selling price of flats and individual homes.
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