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July 2009

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China Money Rates Rise to Highest This Year as Bank Loans Surge (Bloomberg)

July 30 (Bloomberg) -- China’s one-month money-market rate rose to the highest level this year as cash available for lending between banks dwindled after a surge in business loans.

Written by Yahoo! News Search Results for loans on July 30th, 2009 with no comments.
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Lucrative Fees May Deter Efforts to Alter Troubled Loans (New York Times)

Many mortgage companies are reluctant to give strapped homeowners a break because the companies collect lucrative fees on delinquent loans.

Written by Yahoo! News Search Results for loans on July 30th, 2009 with no comments.
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Obama expects GM, Chrysler to repay loans (Reuters via Yahoo! News)

President Barack Obama said on Wednesday that General Motors Co and Chrysler Group were companies worth saving, but he expects both to repay their government loans.

Written by Yahoo! News Search Results for loans on July 29th, 2009 with no comments.
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Ford takes step toward securing Energy Dept. loans (BusinessWeek)

Ford Motor Co. has taken another step toward securing billions of dollars in loans from the Department of Energy by amending a $4 billion line of credit.

Written by Yahoo! News Search Results for loans on July 29th, 2009 with no comments.
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Bad loans linger at GE (Toronto Star)

General Electric Co. said its GE Capital finance arm is on track to be profitable this year without outside funding, but higher losses on loans gone bad will likely continue in 2010.

Written by Yahoo! News Search Results for loans on July 29th, 2009 with no comments.
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Bad bank loans go to insider at New Frontier (Denver Post)

In the years leading to its collapse, New Frontier Bank financed about $9.6 million in business loans for a former director who later was convicted of felony theft for a mortgage scheme, his bankruptcy records show.

Written by Yahoo! News Search Results for loans on July 29th, 2009 with no comments.
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Small businesses losing employees to military service may qualify for state loans (Pioneer Press)

Small businesses coping with hardship after an employee is called up for military service could qualify for interest-free state government loans.

Written by Yahoo! News Search Results for loans on July 29th, 2009 with no comments.
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Ford takes step toward securing Energy Dept. loans (San Francisco Chronicle)

Ford Motor Co. has taken another step toward securing billions of dollars in loans from the Department of Energy by amending a $4 billion line of credit. In a regulatory filing, Ford said it expanded the credit agreement to allow for up to $14.4 billion in... Sponsored Topics: Ford Motor Company - Business - Energy Department - Ford Motor Co - United States Department of Energy

Written by Yahoo! News Search Results for loans on July 28th, 2009 with no comments.
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Ford takes step toward securing Energy Dept. loans (AP via Yahoo! News)

Ford Motor Co. has taken another step toward securing billions of dollars in loans from the Department of Energy by amending a $4 billion line of credit.

Written by Yahoo! News Search Results for loans on July 28th, 2009 with no comments.
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GE says GE Capital improving, bad loans to linger (AP via Yahoo! News)

General Electric Co. said Tuesday its GE Capital finance arm is on track to be profitable this year and won't need outside funding, but that its higher level of losses on loans gone bad will likely continue into 2010.

Written by Yahoo! News Search Results for loans on July 28th, 2009 with no comments.
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