Equity Home Loans - Equity Loans News

Equity Loans News

Rural banks to relaunch SME finance, microfinance programs Sunday, July 6, 2008 @ 12:22PMMANILA, Philippines - Foreign-funded programs to train rural bankers on microfinance and SME financing will be relaunched soon, after the association of rural banks settled its internal squabbles.
East West Bank to issue P1.25-B Tier 2 notes Sunday, July 6, 2008 @ 11:03AMThe East West Banking Corp. ( East West Bank ) will issue Tier 2 notes worth P1.25 billion in the next few weeks. East West Bank president and chief operating officer Antonio Moncupa said the notes will carry a 10-year tenor and callable in five.
Sisters turn businesses into love match Sunday, July 6, 2008 @ 5:17AMIn the past 16 years of business, Gladys Agsalud has seen her family-run business Casablanca Bridals and Formals change locations three times, quadruple in size and experience tenfold revenue growth.
$52 Billion Bell Canada Buyout Is Postponed Friday, July 4, 2008 @ 7:36PM Private equity buyers apparently salvaged a record $52 billion deal for Bell Canada on Friday by postponing its closing date and canceling dividend payments.
Enough safety? Friday, July 4, 2008 @ 7:17PMChancellor Darling looks to protect depositors
Valley start-up helps cops, military quickly pinpoint origin of gunshots Friday, July 4, 2008 @ 7:08PMNobody called the cops, nobody dialed 911. But when newly installed technology picked up the sound of gunfire in York, Pa., last month, it quickly directed police to a precise location where they found a 21-year-old man who had been shot three times.
In Brief Friday, July 4, 2008 @ 1:25AMVoter registration deadline is July 9 The St. Charles County Election Authority is reminding residents that July 9 is the last day they can register to vote and be eligible to vote in the Aug. 5 primary.
Michigan Especially Hard Hit by Foreclosures Friday, July 4, 2008 @ 1:13AMDETROIT-According to the Mortgage Bankers Association, nearly 2 million loans were in foreclosure nationwide during the first quarter of 2008. Home foreclosures rose nationally last year from 42 pe...
Retirement Strategies for Tough Times: Choosing Where to Grow Old Thursday, July 3, 2008 @ 11:41PMRemodeling your home is enticing. A smaller one might be preferable. Be wary, though, of reverse mortgages
Great Gulf Thursday, July 3, 2008 @ 10:29PMThe same oil prices roiling markets from California to Kolkata are flooding the Arabian Gulf with cash. You can buy in to this boom.
UK credit conditions tightened in Q2, to deteriorate further in Q3 - BoE survey Thursday, July 3, 2008 @ 3:44AMLONDON (Thomson Financial) - Lending conditions in the UK worsened on all fronts during the three months to June, driven by fears of house price falls and bad corporate loans, and are expected to continue to deteriorate over the next three months, a Bank of England survey revealed today.
Overdue home credit lines up sharply, bankers say Thursday, July 3, 2008 @ 3:40AMConsumers fell behind on loans secured by their homes at the fastest pace in two decades in the first quarter, signalling deeper distress in the United States economy, the American Bankers Association reports.
GM faces possible bankruptcy Thursday, July 3, 2008 @ 3:36AMSouthfield, Mich.–General Motors Corp., battered by the slowest U.S. sales market in 15 years, faces the possibility of bankruptcy and may need to raise as much as $15 billion (U.S.), a Merrill Lynch & Co. analyst said.
Foreclosures more likely than getting loan modifications Thursday, July 3, 2008 @ 3:21AMStruggling homeowners in California are more likely to end up losing their homes to foreclosure than receiving a loan modification or other payment work-arounds from lenders, according to a survey released Wednesday.
Fraser & Neave hospitality arm eyes 5,000 new rooms in Asia Thursday, July 3, 2008 @ 3:03AMSINGAPORE, July 3 (Reuters) - Serviced apartment firm Frasers Hospitality plans to add 5,000 rooms in Asia by 2010 despite a global economic slowdown but most of the new apartments will be under management contracts to reduce investment risks.
Housing equity withdrawal slumps by 64% Thursday, July 3, 2008 @ 2:47AMThe amount of money homeowners are borrowing on their houses has slumped by 64 per cent in the first quarter to a seven-year low as banks continue to withdraw cheap mortgage deals.
Home equity delinquencies add to economic heartache Wednesday, July 2, 2008 @ 11:11PMThe troubled economy is leaving consumers with increasingly tough decisions about which debts to pay first, and in some cases, which to pay at all.
Kiwibank cuts home loan rates Wednesday, July 2, 2008 @ 10:48PMKiwibank has cut around a quarter of a percentage point off its three-year fixed rate mortgage, as it looks to cash in on home owners refixing loans coming due for renewal.
Industry Group Says Loan Delinquencies Are Rising Wednesday, July 2, 2008 @ 9:48PM Cash-strapped U.S. consumers hurt by the weak economy continued to fall behind on credit payments during the first quarter, a trend one financial-industry group said is likely to continue.
Survey: Foreclosures supercede loan changes in the state Wednesday, July 2, 2008 @ 9:25PMLOS ANGELES ---- Struggling homeowners in California are more likely to end up losing their homes to foreclosure than receiving a loan modification or other payment workarounds from lenders, according to a survey released Wednesday.
Is It Worth It To Downsize Your Car? Wednesday, July 2, 2008 @ 5:18PMWith gas prices approaching $4 a gallon, many people tell us they are downsizing from gas guzzlers to more fuel-efficient cars.
Is It Worth It To Downsize Your Car? Wednesday, July 2, 2008 @ 5:18PMWith gas prices approaching $4 a gallon, many people tell us they are downsizing from gas guzzlers to more fuel-efficient cars.
Treasurys rise ahead of employment report Wednesday, July 2, 2008 @ 5:08PM(AP:NEW YORK) Treasury prices rose Wednesday as investors prepared for another downbeat reading on the U.S. job market.
Treasurys rise ahead of employment report Wednesday, July 2, 2008 @ 5:08PM(AP:NEW YORK) Treasury prices rose Wednesday as investors prepared for another downbeat reading on the U.S. job market.
Survey: Loan changes lag foreclosures in Calif. Wednesday, July 2, 2008 @ 5:07PM(AP:LOS ANGELES) Struggling homeowners in California are more likely to end up losing their homes to foreclosure than receiving a loan modification or other payment workarounds from lenders, according to a survey released Wednesday.
Survey: Loan changes lag foreclosures in Calif. Wednesday, July 2, 2008 @ 5:07PM(AP:LOS ANGELES) Struggling homeowners in California are more likely to end up losing their homes to foreclosure than receiving a loan modification or other payment workarounds from lenders, according to a survey released Wednesday.
Treasurys rise ahead of employment report Wednesday, July 2, 2008 @ 4:48PM Treasury prices rose Wednesday as investors prepared for another downbeat reading on the U.S. job market. On Thursday, ahead of the July 4th holiday, the Labor Department is scheduled to report on job creation and the unemployment rate in June.
Treasurys rise ahead of employment report Wednesday, July 2, 2008 @ 4:48PM Treasury prices rose Wednesday as investors prepared for another downbeat reading on the U.S. job market. On Thursday, ahead of the July 4th holiday, the Labor Department is scheduled to report on job creation and the unemployment rate in June.
China equity fund to invest $300m in Africa Wednesday, July 2, 2008 @ 4:09PMA Chinese private equity fund set up a year ago for ventures in Africa plans to spend about $300 million on projects in 2008, its vice-president said on Friday.
China equity fund to invest $300m in Africa Wednesday, July 2, 2008 @ 4:09PMA Chinese private equity fund set up a year ago for ventures in Africa plans to spend about $300 million on projects in 2008, its vice-president said on Friday.
Tread carefully Wednesday, July 2, 2008 @ 3:53PMThe credit crunch has been an alien landscape for many banks. Exotic products, new accounting rules and an unprecedented liquidity freeze have left them groping for handholds.
Tread carefully Wednesday, July 2, 2008 @ 3:53PMThe credit crunch has been an alien landscape for many banks. Exotic products, new accounting rules and an unprecedented liquidity freeze have left them groping for handholds.
CIT Group Is Selling Off Bad Loans Tuesday, July 1, 2008 @ 9:37PM The CIT Group said it had agreed to sell nearly $10 billion of mortgage assets in a deal that would remove problem loans from its balance sheet. Its shares rose almost 30 percent.
Feds clear way for Patelco Tuesday, July 1, 2008 @ 8:31PMCredit union will take ownership of troubled instituitons Cal State 9 and Sterlent
USDA Announces More Than $2.7 Million In Rural Business Grants Monday, June 30, 2008 @ 2:54PMWASHINGTON , June 30, 2008 - Agriculture Secretary Ed Schafer today announced that 15 organizations in seven states have been selected to receive more than $2.7 million in job creation and economic development grants.
Falling Prices Grip Major Stock Markets Around the World Sunday, June 29, 2008 @ 5:16PMAs the United States markets edge toward bear territory, losing nearly 20 percent of their value from last fall?s peak, investors might wonder where they can turn for relief.
Funding for companies drying up Sunday, June 29, 2008 @ 12:16PMTotal funds raised by Indian companies during the first half of 2008 fell 25 per cent to Rs 157,422 crore, from Rs 2,08,450 crore raised during the same period last year.
Rising debt threatens bill’s effect, analysts say Sunday, June 29, 2008 @ 8:48AMWhen Congress started fashioning a sweeping rescue package for struggling homeowners earlier this year, 2.6 million loans were in trouble. But the problem has grown considerably in just six months and is worsening.
As Mortgage Bill Evolves, Debt Keeps On Snowballing Sunday, June 29, 2008 @ 7:15AMWhen Congress started fashioning a sweeping rescue package for struggling homeowners earlier this year, 2.6 million loans were in trouble. But the problem has grown
As housing bill evolves, crisis grows deeper Sunday, June 29, 2008 @ 6:38AMCongress’s rescue package for homeowners may only be able to touch a fraction of those in trouble, analysts say.
New wave of loan defaults is threatening healthy banks Saturday, June 28, 2008 @ 11:12PMIncreasing struggles by consumers and businesses to make payments on a variety of loans, not just mortgages, are setting off a new
BUSINESS IN BRIEF 28/6 Saturday, June 28, 2008 @ 7:10PMThe BankInvest Group of Denmark, one of the leading independent asset managers in the Nordic region, will invest 9.6 million USD in one of Vietnam’s three leading shampoo makers.
When a Done Deal Unravels Thursday, June 26, 2008 @ 7:37PM Hexion agreed to buy Huntsman Chemical for $10.6 billion, or $28 a share. But Hexion called it off, and the lawsuits started flying.
Ailing property markets lure wealth funds Thursday, June 26, 2008 @ 7:23PMSINGAPORE: A wave of capital from the Middle East and Asia could be on its way into ailing US and European property markets, as a weak dollar and falling asset prices lure sovereign wealth funds and institutional investors.
Realty Q&A: Homeowner wants to refinance, but bank suggests a short sale Thursday, June 26, 2008 @ 6:54PMQuestion: My first mortgage is an interest-only loan at 4.75% with a balance of $287,967, and a second mortgage with another lender. It is due to reset on March 31, 2009. I wanted to refi now before the loan adjusts, so I called the lender and submitted all the documents.
Bank of America cutting 7,500 jobs after closing Countrywide deal Thursday, June 26, 2008 @ 6:40PMIeva M. Augstums, The Associated Press June 26, 2008 - 7:19 p.m. CHARLOTTE, N.C. - Bank of America said Thursday it will cut about 7,500 jobs after it closes its acquisition of mortgage lender Countrywide Financial Corp.
Fiserv Goal: Find At-Risk Mortgages Before Default Thursday, June 26, 2008 @ 6:32PMFiserv Inc. developed its newest suite of services on the theory that lenders might be able to stem mortgage defaults if they can identify troubled borrowers before they fall behind on their payments.
BofA to lay off 7,500 in Countrywide deal Thursday, June 26, 2008 @ 6:00PMBank of America Corp will cut 7,500 jobs as part of its acquisition of Countrywide Financial Corp. (BAC) (CFC)
Bank of America to cut 7,500 jobs after Countrywide deal closes Thursday, June 26, 2008 @ 5:36PM
BANKING: BofA to cut 7,500 jobs after Countrywide deal Thursday, June 26, 2008 @ 5:25PMCHARLOTTE, N.C. ---- Bank of America said Thursday it will cut about 7,500 jobs after it closes its acquisition of mortgage lender Countrywide Financial Corp.