January 31st, 2009
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A new program makes paying federal student loans more affordable for low-income borrowers.
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National Irish Bank (NIB) is set to trigger a fresh wave of significant write downs on property development loans across the Irish banking industry when it reports full-year results this week.
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Anglo Irish Bank is likely to have to write off much of the €300 million in loans that it advanced to a group of investors to finance their purchase of a 10 per cent stake in the bank.
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President Barack Obama on Saturday promised to lower mortgage costs, offer job-creating loans for small businesses, get credit flowing and rein in free-spending executives as he readies a new road map for spending billions from the second installment of the financial rescue plan.
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Prime Minister Yulia Tymoshenko has said there are opportunities to extend state guarantees on loans raised by companies for implementation of large-scale investment projects.
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Hey, Answer Girl -- With all the doom and gloom facing our housing market, we are hearing of huge losses by the big banks due to bad home loans. So, if a person buys a $200,000 house with no money down, they have to purchase a PMI that insures the bank for 20 percent of the value, in this case $40,000. When the home is foreclosed on, the bank only needs to sell the house for $160,000 to break ...
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Last week, the director of the Houston’s district of the U.S. Small Business Administration (SBA) announced that the federal disaster assistance funding entity has approved $500.9 million in federal low-interest loans to homeowners, renters and businesses in Texas who sustained damages from Hurricane Ike.
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Applications will be accepted through Feb. 2 for the Minnesota Housing Finance Agency's HOME Rental Rehabilitation Program (HRRP), which offers owners of rental property 0% deferred loans for rehabilitating buildings.
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Chrysler LLC confirmed Thursday it needs an additional $3 billion in loans from the federal government to close its deal with Fiat SpA.
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Low- and middle-income people who want to increase their homes' energy efficiency and save on utility bills can tap into low-interest loans offered by Homewise and the city of Santa Fe beginning Monday.
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