Files that show how aggressive lenders peddled mortgages borrowers couldn’t afford and pursued them when they failed to meet pay View full post on All Stories
Posts Tagged ‘lending’
Revealed: Reckless UK lending of Lehman arm
March 7th, 2011 
admin RECKLESS AND RUTHLESS: Files show how aggressive lenders peddled mortgages borrowers couldn’t afford and pursued them when they failed to meet payments
March 6th, 2011 admin Aggressive mortgage lending to high-risk borrowers by a British subsidiary of defunct US investment bank Lehman Brothers at the height of the property boom has been fully revealed for the first time in files obtained by Financial Mail. View full post on All Stories
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Tags: afford, aggressive, borrowers, british subsidiary, couldn't, failed, Files, financial mail, investment, investment bank, lehman brothers, lenders, lending, Meet, mortgage, mortgages, payments, peddled, property boom, pursued, RECKLESS, RUTHLESS, show, subsidiary, them, They, US 
Comments OffICICI, HDFC Bank loans get costlier
February 24th, 2011 admin Mumbai: The country’s largest and second largest private lenders on Wednesday increased their benchmark lending rates, making loans more expensive for corporate and retail borrowers. ICICI Bank … View full post on All Stories
SMEs facing financial strains in Wenzhou
February 23rd, 2011 admin SHANGHAI – Small- and medium-size enterprises (SMEs) in Wenzhou are faced with severe cash-flow problems as they find it hard to access bank loans or personal loans due to tight lending policies. … View full post on All Stories
Posted in News Tags: Bank, bank loans, cash flow problems, facing, Financial, lending, medium size enterprises, personal loans, SHANGHAI, small, SMEs, strains, Wenzhou Comments OffTwo former Countrywide executives settle California lawsuit for $6.5 million
February 3rd, 2011 admin Former Chief Executive Angelo R. Mozilo and former President David Sambol were accused of predatory lending. The state will use most of the money to create a foreclosure relief fund. California has reached a $6.5-million settlement with two former Countrywide Financial Corp. executives that the state had accused of predatory lending. Most of the money [...]
Posted in News Tags: $6.5, California, Chief Executive Angelo R, Countrywide, countrywide financial, countrywide financial corp, david sambol, executives, foreclosure, foreclosure relief, former, fund california, Gen. Kamala D, Lawsuit, lending, million, money, predatory, President David Sambol, settle, state Comments OffEx-Treasury Aide Lee Sachs Forms Small-Bank Lending Venture
January 20th, 2011 admin Lee Sachs, a former aide to U.S. Treasury Secretary Timothy F. Geithner, and banker John Delaney have formed a company that aims to help smaller banks lend to a wider range of borrowers. View full post on All Stories
Posted in News Tags: Aide, banker, company, ExTreasury, Forms, Geithner, John Delaney, Lee Sachs, lending, Sachs, Secretary Timothy F, SmallBank, Treasury, treasury secretary, u s treasury, U.S., Venture Comments OffDouble-digit lending rates are back
January 13th, 2011 admin Loan rates for retail borrowers as well as op-rated companies have crossed 10 per cent, with the cost of funds having risen in the past three months due to the liquidity crunch that banks have been facing. View full post on All Stories
Posted in News Tags: 'cost, Back, borrowers, cent, Crunch, Doubledigit, lending, liquidity, loan, loan rates, rates, three months Comments OffTougher lending norms for housing finance companies
December 28th, 2010 admin India’s housing regulator has tightened lending norms governing housing finance companies, a move likely to hurt borrowers across sectors, the agency said on its Website. The National Housing Bank has mandated housing finance firms to keep aside 0.4 percent of the total outstanding loans, excluding individual housing loans, by September 2011. View full post on [...]
Posted in News Tags: agency, borrowers, companies, Finance, finance firms, housing, housing finance companies, housing loans, India, lending, move, national housing bank, norms, regulator, tougher Comments OffResearch and Markets: What Consumers Want: Mortgages & Personal Lending in Singapore 2010 – the 25% of Consumers in Singapore Took out a Personal Loan to Consolidate Other Debts
December 24th, 2010 admin DUBLIN–(BUSINESS WIRE)–Research and Markets (http://www.researchandmarkets.com/research/0661a6/what_consumers_wan) has announced the addition of the “What Consumers Want: Mortgages & Personal Lending in Singapore 2010″ report to their offering. Meeting demand for clear answers to important industry questions, the What Consumers Want series provides country specific data, set against a global backdrop. Features and benefits The slide pack provides [...]
Posted in News Tags: 2010, Business, business wire, Consolidate, consumers, country, debts, DUBLIN-, global backdrop, industry questions, lending, loan, Markets, mortgages, Personal, personal lending, Research, Singapore, slide pack, Took, Want Comments OffCoalition says banks are violating lending rules
December 9th, 2010 admin LOS ANGELES – A national housing and consumer rights group alleged in a series of complaints to the U.S. Department of Housing and Urban Development that Bank of the West, MetLife Bank N.A. and other lenders are unjustly denying government-backed loans to borrowers with low credit scores. View full post on All Stories
Posted in News Tags: Bank, bank of the west, Banks, Coalition, consumer, department of housing and urban development, Group, housing, housing and urban development, lending, LOS ANGELES, metlife, national housing, rules, says, series, U.S . Department, violating Comments Off
