Ombudsman sets probe on Pag-IBIG loans to Globe Asiatique

MANILA, Philippines - The Ombudsman has created a task force that would probe alleged anomalies in the home loans granted by state-run Home Development Mutual Fund or Pag-IBIG Fund to property developer Globe Asiatique Realty Holdings Corp.

Prosecutors: Erie area mortgage fraud defendant's requests 'devoid of merit'

Former mortgage office manager Francis R. Conti, serving a federal prison term for his role in a local mortgage-fraud scam, argues in court papers that a recent U.S. Supreme Court ruling limiting a commonly used federal fraud law should get him released from prison and his sentence modified.

Access Credit Union hosts Altona movie

Close to 400 people showed up at the Movie in the Park, hosted by Access Credit Union on Aug. 31 in Altona. Despite a rainy day, great weather cooperated and blue skies appeared just as the activities for the kids began.

No loans for polluters

China's central bank has set up a database on companies' environmental records and banks were told not to approve loans to companies that have violated environmental regulations, the Shanghai Securities News reported Saturday.

Korea to Tighten Access to Low-Income Loan Program on `Excessive' Demand

South Korea will tighten criteria on a government loan program for low-income households after seeing “excessive” demand in the first month, the head of the country’s financial regulator said.

One-in-18 could be in mortgage arrears

MORTGAGE arrears could peak to a point where one in every 18 home loans would be in arrears.

Ottawa prevents student-loan shortfall with last-minute fix to financing limits

The federal government rushed through a change in student loan funding to ensure 50,000 post-secondary students would have enough money to go to school this fall

Rural banks’ delinquent loans fell in March

The exposure of rural banks to delinquent loans fell into the single-digit territory in March from a year ago.

Gazprombank Loan Said to Top $750M

LONDON — Gazprombank , a former banking unit of Gazprom, has raised more than $750 million on its new three-year syndicated loan from 12 lenders, banking sources close to the deal said Friday.

Thrift banks soured loans rise in Q1

SOURED LOANS of thrift banks in relation to total loans rose in the first quarter, while those of rural and cooperative banks declined, data from the Bangko Sentral ng Pilipinas (BSP) showed.

Loan modification program in Phoenix helps fewer than expected

A year and a half after it began, the federal government's loan-modification program is helping fewer homeowners facing foreclosure than hoped.

MoF to simplify loan application processes

KUALA LUMPUR: The Ministry of Finance is studying ways to simplify loan application processes to new entrepreneurs, said Second Finance Minister Datuk Seri Ahmad Husni Hanadzlah.

Thrift banks’ bad loans rise in March

Despite a decline in core lending from the previous quarter, latest data from the Bangko Sentral ng Pilipinas (BSP) said that the country’s thrift banks posted a slightly higher level of bad loans in March.

Walton has Blades loan cancelled

Plymouth Argyle confirm that midfielder Simon Walton has returned after having his loan at Sheffield United cancelled.

Consumer Loan Rates

Springfield financial institutions quoted the following rates Friday for home equity, auto and boat loans. The home equity rate is based on a $10,000 loan or line of credit with applicable points included. Rates are variable unless otherwise noted. Additional fees are not included. The auto loan rate is based on a 48-month contract for a new car. The boat rate is based on a loan for a new boat.

Borussia Loan Bulgarian Striker to Maccabi Tel Aviv

The 27-year-old Bulgarian striker will play on loan for Maccabi for one season, and the Israeli club will have the right to purchase him from Borussia if they are satisfied with his performance.

SBA loans up in Wichita district

Matt Graham is one of 264 recipients of Small Business Administration-backed loans in the agency's Wichita district so far this year.

Banks, credit unions worry that reform will change business model

Banks, credit unions worry that reform will change business model By JERRY SIEBENMARK McClatchy Newspapers Updated Sep 4, 2010 04:55PM MDT WICHITA, Kan. • Bank and credit union executives will be waiting for the next several months, even years, for their business to change, perhaps dramatically, as federal regulators put in place the most significant piece of banking legislation in nearly two ...

Credit union in Oregon robbed by 2 armed men

BLADE STAFF The Oregon branch of Directions Credit Union was robbed Friday morning by two armed men who wore dark ski masks and gloves, the FBI said. The robbery at 3312 Dustin Rd. occurred about 9:40 a.m. The robbers, armed with handguns, were seen fleeing in an older, gray four-door sedan. They wore loose, long-sleeved shirts, one green and one blue, and dark tennis shoes. Anyone with ...

Attractive loans

There are NRIs who want to come back and start their own enterprise in India as the country offers high returns. To support them, Nair said, the bank offers loans for setting up such ventures at very attractive rates of interest.

Credit Reports: Lenders Aren't the Only Ones Looking at Your Credit History

Credit report checks aren’t something to look forward to, especially if you know your credit history won’t impress the lender. But there is another reason why you should be worried. Much more recently, employers are using applicants’ credit reports to deny jobs, The Huffington Post reported. According to the site, the Society for Human Resource Management conducted a survey which showed that as ...

China to block loans to firms on environment blacklist: Report

China to block loans to firms on environment blacklist: ReportChina to block loans to firms on environment blacklist: Report

Mortgage rates drop to another new record

Mortgage rates fell to the lowest level in decades for the 10th time in 11 weeks, as investors worried about the economy. Business - United States - Mortgage - Financial Services - Mortgage loan

Mortgage rates hit decades-low of 4.32 percent

Washington -- Mortgage rates fell to the lowest level in decades for the tenth time in 11 weeks, as investors worried about the economy.

Mortgage Lender Accused Of Housing Discrimination

A Hamilton County mortgage company is accused of housing discrimination.

Petrobras sells 64 bln dlrs of stock to fund oil exploration (AFP)

AFP - Brazil's Petrobras unveiled one of the world's biggest share offerings Friday, a sale of up to 64 billion dollars in new stock to finance oil exploration aimed at turning Brazil into a leading oil exporter of the 21st century.

European Investment Bank Loans To Drop 18% On Year - President

US Bank Business Loans Up $200 Million In Latest Week

Credit Controller

Job description - Senior Credit Controller/Credit Controller - City of London - A28,000 - A30,000 plus competitive benefitsInternational legal services company based in Central London are currently looking to add a Credit Controller to one of their busy and highly successful divisions.

MGIC added $1.2B in mortgage coverage in August (AP)

AP - Private mortgage insurer Mortgage Guaranty Insurance Corp. said Friday it added $1.2 billion in new primary insurance coverage in August and the number of delinquent loans it insures declined.

Sirius XM Has a Stern Decision to Make (The Motley Fool)

The Motley Fool - Satellite-radio star Howard Stern is negotiating in public again.

Credit card laws could actually hurt some college students

A new credit card law doesn't allow students under 21 from owning a credit card if they are unemployed. That could prevent them from building up a credit history.

Mortgage rates at record lows

WASHINGTON (AP) - Mortgage rates have fallen to the lowest level in decades for the tenth time in 11 weeks.

Credit exposure still poses challenge for Qatari banks: Fitch

Credit wheels keep rolling in July

BUSINESS’ credit appetite stayed strong last month, while consumers remained cautious, causing the annual growth rate for credit extended to the domestic private sector in July to increase to 11,4 per cent from 10,6 per cent in June.

(AP)

AP - Coast Guard: no sign of oil leak after Gulf platform fire, but crews continue to monitor.

Mortgage Bankers group spent $745K lobbying in 2Q

The Mortgage Bankers Association spent $745,000 in the second quarter to lobby the federal government on issues including banking regulations, housing issues and reforms to the financial system.

Loan panel delays action

The City Economic Development Loan Committee voted Tuesday afternoon to continue talks about a request on behalf of the Forrest and Doris Sensenich Foundation to convert the former Wal-Mart building into a convention center.

5 Tax Moves to Make Now (U.S. News & World Report)

U.S. News & World Report - It may seem a bit strange to be talking about income taxes in September. There are, however, good reasons to think about taxes well before April 15. For starters, there are some big changes in the tax code that go into effect in 2011. Depending on your income tax bracket and investments, some simple planning now could save you a bundle later.

Summary Box: Mortgage rates hit low of 4.32 pct. (AP)

AP - RECORD LOWS: Mortgage rates fell to the lowest levels in decades for the tenth time in 11 weeks, mortgage buyer Freddie Mac said Thursday. The average rate for a 30-year fixed loan was 4.32 percent. The 15-year fixed loan hit 3.83 percent.