Credit opportunity funds, which invest in leveraged loans, have recorded losses in the mid teens since the start of … (eFinancial News)
Credit opportunity funds, which invest in leveraged loans, have recorded losses in the mid teens since the start of the year.
HSBC Indonesia To Offer US$250 MLN In Personal Loans (Asia Pulse via Yahoo!7 News)
THIS YEAR JAKARTA, Feb 25 Asia Pulse - HSBC Indonesia said it will seek to expand its operation in the still widely untapped retail banking market in the country targeting to disburse around US$250 million in personal loans this year. The disbursement will more than triple last year’s level of US$80 million, head of its consumer banking division Vivek Agarwal said last weekend. For that purpose …
New PMI rules are latest drag on jumbo loans (BizJournals)
Pete Ogilvie has a stack of jumbo loans on his desk that he can’t find lenders to underwrite.
Mortgage crisis squeezes student loans (Seattle Times)
If you want to borrow a lot of money for college, you are not going to like what the mortgage mess is doing to you. The credit crunch has spread like a disease, infecting a broad range of loans.
FBT rate up for low-interest loans (Scoop.co.nz)
The prescribed rate used to calculate fringe benefit tax on low-interest, employment-related loans will rise from 10.37% to 10.57% from the quarter beginning 1 April 2008, Revenue Minister Peter Dunne announced today.
$10M from state for loans to minority-owned, small businesses to help remove roadblocks (BizJournals)
The state of Tennessee Treasury Department is making at least $10 million available for small and minority business loans.
Students question college’s settlement over student loans (KSWO Lawton-Wichita Falls)
Associated Press - February 24, 2008 10:45 PM ET ALLENTOWN, Pa. (AP) - Students at a Pennsylvania college say a settlement involving high-interest loans linked to an Oklahoma bank won’t help…
Westpac Bank To Securitize A$10.6 Billion In Loans (INO News)
(RTTNews) - Westpac Banking Corp of Australia will securitize A$10.6 billion in prime loans to achieve greater access to liquidity. The bank said the notes would be eligible for repurchase by the Reserve Bank of Australia.
Students question college’s settlement over student loans (Centre Daily Times)
Some students at a for-profit Allentown college investigated for allegedly steering students into high-interest loans say the school’s $200,000 settlement with the state won’t help alleviate their debt.
Fed’s collateral book mostly in loans (Financial Times)
More than half the collateral backing cash advances made by the Federal Reserve to banks operating in the US is in the form of loans rather than securities, the New York Fed has told the Financial Times.