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| ACLU says Morgan Stanley over subprime loans Boston.com AP Business Writer / October 15, 2012. E-mail |; Print ... The investment bank took the subprime loans from New Century and bundled them into mortgage bonds, which were then packaged into other securities and delivered to big investors all over the world. See all stories on this topic » | ||
| Industry Canada plans increase in costs for small-business loan program TheTyee.ca The proposal, issued on the weekend after years of consultations, would bump up the maximum interest rate charged on federally guaranteed small-business loans by three-quarters of a percentage point. And financial institutions would be free to charge ... See all stories on this topic » | ||
| MetLife Bets on Brazil Farms as Bond Yields Hurt Results Businessweek MetLife Inc. (MET), the largest U.S. life insurer, started a business to make agricultural loans in Brazil as insurers expand in developing markets and seek investments to boost income with interest rates near record lows. "This is about taking ... See all stories on this topic » | ||
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| SBA loans fuel growth of businesses Omaha World-Herald In January, Haines and Ellis opened the Green Spot, a natural pet food and supply store near 72nd and Pacific Streets, becoming one of 1,033 Nebraska and Iowa businesses that received SBA loans in the fiscal year ending Sept. 30. Nationally, the SBA ... See all stories on this topic » | ||
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| Online Payday Loan Scheme Draws Complaints in Tucson, Nationwide Tucson Citizen Tucson consumers and hundreds of other consumers across the nation say they have been victimized by an online payday loan scheme. Better Business Bureau serving Southern Arizona warns the operation involves at least seven questionable businesses, ... See all stories on this topic » | ||
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| Innovate in agricultural loans, RBI tells foreign banks Times of India At present, public sector banks view priority sector lending as part of their social responsibility and do not view it as a large business opportunity. On the other hand, foreign banks, which have their branch licences severely restricted, have been ... See all stories on this topic » | ||
| Citigroup's margins rise, results beat expectations Fox Business Profit dropped after the third-largest U.S. bank wrote down the value of its retail brokerage business by $4.7 billion, but mortgage lending profit rose, and results overall were better than analysts on average had expected. A key element of the report ... See all stories on this topic » | ||
| Panasonic wins $7.6 billion loan commitments from banks Fox Business Sumitomo Mitsui Financial Group has committed to 350 billion yen ($4.44 billion)of the credit, with Mitsubishi UFJ Financial Group promising 200 billion yen ($2.54 billion), the Nikkei business daily reported earlier. Resona Holdings has promised the ... See all stories on this topic » | ||
| Consumer lending dips in S.A. San Antonio Express There's more proof that San Antonio weathered the financial crisis better than most of the rest of the country. Lenders loaned 10 percent less to San Antonio borrowers in 2011 versus 2006. By comparison, loan volume was down 40 percent in the U.S., ... See all stories on this topic » | ||
| Borrowers hit brick wall on refinancing Sydney Morning Herald At the same time, regulators such as the Reserve Bank and the Australian Prudential Regulation Authority have warned banks, hungry for mortgage business, to maintain higher loan-to-value ratios. The regulators are worried that looser lending standards ... See all stories on this topic » | ||
| Four manufacturers get tax breaks or loans to expand in Erie County Buffalo News The agency's affiliate, the Buffalo and Erie County Regional Development Agency, also approved a $750,000 low-interest loan to Linita Design & Manufacturing Corp., a Canadian based business that opened a U.S. facility in 2009 after purchasing a ... See all stories on this topic » | ||
| STFC to foray into gold loan business Business Standard Truck finance company Shriram Transport Finance Company (STFC) plans to enter the gold loan business from November. But the company will not compete with established players such as Muthoot Finance and Manappuram Finance, as the new service ... See all stories on this topic » | ||
| Depression-Proof Banks Business Insider For instance, for more-risky borrowers, TFSL requires borrowers take classes that show how their loans will work and what the consequences are of not paying. Such strategies ... Most of the people running banks have no business doing so. Banking as a ... See all stories on this topic » | ||
| Seattle loan modifier caught up in regulatory sweep Bizjournals.com (blog) The Washington Department of Financial Institutions says Strategic Debt Resolutions is among 40 businesses that promised loan modification services they failed to deliver. State regulators are seeking to bar these businesses from operating in ... See all stories on this topic » | ||
| Croatia's HPB bank improves business before sale Reuters ZAGREB (Reuters) - Croatia's last state-owned bank Hrvatska Postanska Banka (HPB) is achieving strong results and loan growth as the government prepares to sell its majority stake, its chief executive said. In an interview with Reuters on Monday, Cedo ... See all stories on this topic » | ||
| Business loans' scheme approved Donside Piper and Herald The SAB grants and loans not only assist the applicant businesses directly but also enable businesses to lever in funds from other sources such as banks, leasing companies, private investors and public funds like the European LEADER funding. See all stories on this topic » | ||
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| Ky. Highlands, Goldman Sachs aim to help small businesses Lexington Herald Leader Kentucky Highlands Investment Corporation announced Monday that Goldman Sachs and the Goldman Sachs Foundation have pledged $5.5 million to assist with loans to small businesses in the state. Of the total, $5 million will go directly into Kentucky ... See all stories on this topic » | ||
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| Nama secures €35m order on loans Irish Examiner A business plan for the assets that was provided to Nama in May 2011 by Mr O'Brien was reviewed but rejected in Dec 2011, after which a decision was taken to call in the loans, Nama said. Demand letters relating to the loan facility and guarantee were ... See all stories on this topic » | ||
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| Southcoast Announces Nine Months Earnings iStockAnalyst "While we continue to work diligently on our non-performing assets, we also continue to focus on improving our profitable core business and maintaining strong capital levels." The nine months ended September 30, 2011 loss included a $6,623,000 ... See all stories on this topic » | ||
| Sageworks Assesses Business Credit Risks Accounting Today Sageworks gathered data from a number of banks and identified key trends in businesses that have defaulted in the past. The numbers are used to predict the probability that a small business would default on its loans in the future without relying on ... See all stories on this topic » | ||
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| Wells Fargo believes mortgage boom will roll on Bizjournals.com Wells Fargo dominates the nation's mortgage business, originating one in three home loans. "I think everybody has been surprised how long this refinance boom has lasted," Tim Sloan, Wells Fargo's chief financial officer, told analysts Friday. "We think ... See all stories on this topic » | ||
| Student loan borrowers complain that private lenders offer little help The State The federal government took over the student loan business under President Barack Obama. The administration said that the move saved billions of dollars in middle-man costs. Unlike federal student loans, private loans don't have a system of income ... See all stories on this topic » | ||
| Business Highlights Fox News It turned that business around, giving President Masayoshi Son the confidence that he can make Sprint a profitable company again after five straight years of losses. ___. ACLU sues Morgan Stanley over subprime loans. NEW YORK (AP) — The American ... See all stories on this topic » | ||
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| ACLU sues Morgan Stanley for bias in mortgage business MSN Money Morgan Stanley encouraged a unit of now-bankrupt New Century Financial Corp to disproportionately target black borrowers with overpriced loans that had a strong possibility of going sour, the suit alleges. The investment bank received significant fees ... See all stories on this topic » | ||
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| Muhammad Yunus announces financing for Haitian businesses Defend Haiti PORT-AU-PRINCE, Haiti (defend.ht) - Nobel peace price laureate Muhammad Yunus announced that his group would providing loans and equity investments to several Haitian businesses. The financing will range from $80,000 to $500,000 with interest rates ... See all stories on this topic » | ||
| State funnels $4.85M into Iron Range Minneapolis Star Tribune State officials say the loans and grants will stimulate economic development and bring jobs to the region. "I am very excited," said Tony Sertich during the board meeting. "These are existing businesses within our area that are growing... And our ... See all stories on this topic » | ||
| UPI NewsTrack Business UPI.com ... an IESE Business School professor at the University of Navarra in Madrid. The New York Times reported Monday that Spanish Prime Minister Mariano Rajoy has several reasons for hesitating to seek an international loan, including a request from ... See all stories on this topic » |
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| ACLU says Morgan Stanley over subprime loans - Idaho Statesman US business stockpiles grew 0.6 percent in August ... The ACLU and others filed the lawsuit Monday on behalf of five homeowners who took out loans from New Century Mortgage Corp., a subprime lender that has since collapsed. Morgan ... Idahostatesman.com -- Home Page | ||
| NewsDaily: ACLU sues Morgan Stanley for bias in mortgage business By Jed Horowitz The American Civil Liberties Union sued Morgan Stanley on Monday, alleging racial discrimination over packaging subprime mortgage loans into securities. ... BUSINESS NEWS. Share Blog Subscribe Print Email Bookmark ... NewsDaily: Top Headlines | ||
| Pre-GFC low-doc frenzy | | MacroBusiness By Houses and Holes Of course, your comment was made in the context of a discussion about lo-doc home loans which is largely an issue in consumer finance. (and ticking the 'business purposes' box on a loan application does not make a loan a business loan.) ... MacroBusiness |
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| Small businesses still struggle for loans | loans, business ... Small businesses in search of capital for cash flow and growth went from a relative feast in 2007 to famine in the recession and aftermath. The slow recovery has ... www.ocregister.com/.../loans-374171-business-businesses.html... | ||
| RPC splits hairs, OKs more payday loan businesses | Pahrump ... By Mark Waite Another payday loan and check cashing business was approved by the Pahrump Regional Planning Commission Wednesday at 1441 E. pvtimes.com/.../rpc-splits-hairs-oks-more-payday-loan-busines... | ||
| U.S. Bank Business Loans Up $9.4 Billion In Latest Week WASHINGTON--U.S. banks' commercial and industrial loans increased $9.4 billion to about $1.467 trillion in the week ended Sept. 26, the latest week for which ... www.4-traders.com/.../U-S-Bank-Business-Loans-Up-$9-4-Bill... | ||
| A big breakthrough in tiny loans - Los Angeles Times The Alameda Swap Meet in South Los Angeles is about the last place you'd expect to find a breakthrough in small-business lending.Filled with ... articles.latimes.com/2012/oct/14/.../la-fi-microloans-20121009 | ||
| Energy Saving Scotland Small Business Loans | LinkedIn Learn more about the Energy Saving Scotland Small Business Loans and see what people in and out of your professional network have to say about it. www.linkedin.com/company/energy-saving.../product |
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