Banks battle for big borrowers
DANNY JOHN HOME owners are being offered bigger discounts on increasingly large mortgages as banks seek to breathe new life into the lending market. People who borrow more than $250,000 can secure at least 0.7 per cent off the interest rate on a standard View full post on All Stories
Mortgage Servicers Grumble, But Still Cut Debts
U.S. banks are resisting efforts by state attorneys general to force them to cut the amounts owed by some borrowers facing foreclosure. Yet mortgage companies already have reduced home-loan balances for more than 100,000 borrowers. View full post on All Stories
6 Month Loan – Short Term Finance Options For The Borrowers
Looking for a short term finance option? Facing problems due to bad credit? You can go for a 6 month loan option. These short term finance options are available for the period of six months. You can apply for these finance options through the internet and this will be issued to you in the shortest [...]
Government settlement with financial industry over foreclosure practices draws near
State and federal officials, who have been negotiating with financial firms over how to address widespread abuses in foreclosure practices, are moving closer to a settlement that could force banks to reduce the principal on mortgages for some borrowers who owe more than their homes are worth. View full post on All Stories
French, U.K. Banks Have the Most at Risk in Egypt
International banks have lent $49.3 billion to Egyptian borrowers, with French and U.K. banks having the most exposure to the country torn by anti-government protests, data from the Bank for International Settlements show. View full post on All Stories
Ex-Treasury Aide Lee Sachs Forms Small-Bank Lending Venture
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
Door to Door Loans – Small And Quick Cash to Your Door
These days, the big manufacture houses are trying to move toward their customers from door to door. They try to place the real customers and then provide them with the amenities and the products required by them. The same is the case with the lenders of the UK. They are using the same theory for [...]
Need to make teaser loans clear, not ban them: Kaushik Basu
Teaser loans are special housing and auto loans that banks were offering to borrowers at lower rates and had come under the central bank’s scanner View full post on All Stories
Same Day Cash Loans For People on Benefits Appreciable Cash For Borrowers
Being employed, you have no difficulty to derive cash as same day loans for people on benefits offer monetary assistance only on the basis of your present income standing. Procuring cash from these loans you do not need to provide other details to lender for instance credit records, estate proof etc. You just need to [...]
Risky borrowers find credit available again
Credit card offers are surging again after a three-year slowdown, as banks seek to revive a business that brought them huge profits before the financial crisis wrecked the credit scores of so many Ame View full post on All Stories

