Prince Charles, a £20m loan and a headache for his charity after Dumfries House deal

A £20million loan taken out in 2007 to help save Dumfries House, in Ayrshire, Scotland, for the nation has left the Prince's Charities Foundation a victim of the property market crash.

Financial crisis panel tells NV leaders to be bold (AP)

AP - From mortgage problems to education and budget issues, Nevada leaders on Wednesday delivered a sobering assessment of the state's future as a result of the Great Recession during seven hours of testimony before a federal panel investigating the country's financial meltdown.

Credit union guarantee fund snub

SIX Central Bank and Financial Services Authority proposals for a credit union guarantee fund have been rejected out of hand by the Irish League of Credit Unions which wants to retain full ownership and control of any new scheme.

Local business loans getting a bump up

Community banks in Greater Cincinnati and Northern Kentucky are writing more business loans - even as banks nationwide continue clamping down.

Mortgage 'famine' hitting builders

A LACK of mortgage finance for would-be homeowners is continuing to threaten the construction industry, according to housebuilding heavyweight Barratt Developments.

Loan program aims to retain local business

MICHIGAN CITY — Building on an earlier effort to keep one Michigan City factory from moving, the Common Council is considering creating a loan fund to give riverboat money to companies that preserve or create jobs.

Loans, grants available to assist rural communities

BISBEE â” When one thinks of the U.S. Department of Agriculture, what normally comes to mind is a government entity that supports agriculture, handles food recalls and approves medications. But, there is far more this department does to help rural counties and citizens through the USDA Rural Development program in ways that are mostly unknown.

Mortgage rates hit record low

Mortgage rates are hovering near historic lows, but that doesn'tseem to be enough to get new buyers into homes.

Consumers cut back on credit card use once again (AP)

AP - Consumer borrowing fell again in July as households cut back on their credit card use for a 23rd consecutive month, adding more drag on an economy struggling to mount a sustained rebound.

Mortgage Lending the Focus of New Obama Plans

Mortgage lending is the focus of a new plan rolled out from the Obama administration. The effort is trying to jump-start its sputtering attempts to tackle the foreclosure crisis with an effort to assist homeowners who owe more on their properties than their homes are worth. Starting Tuesday, the Federal Housing Administration will permit lenders to give these borrowers refinanced loans backed by ...

Mortgage Purchase Applications Up, Refinance Applications Fall Slightly

RISMEDIA, September 9, 2010—The Mortgage Bankers Association (MBA) released its Weekly Mortgage Applications Survey for the week ending September 3, 2010. The Market Composite Index, a measure of mortgage loan application volume, decreased 1.5% on a seasonally adjusted basis from…

Bankers urge government to pull plug on Fannie, Freddie (Reuters)

Reuters - The federal government should take mortgage finance giants Fannie Mae and Freddie Mac off life support sooner rather than later, the Mortgage Bankers Association urged on Wednesday.

Mortgage activity slowed in week

WASHINGTON, Sept. 8 (UPI) -- The Mortgage Bankers Association said Wednesday U.S. mortgage activity decreased in the latest weekly survey, while interest rates increased. Mortgage Bankers Association - Business - Financial Services - Interest rate - Mortgages

Credit Suisse Can’t Collect From Yellowstone Founder

Credit Suisse Group AG’s “greedy antics” bar it from collecting $229 million on a soured loan the bank arranged for the Yellowstone Club, a ski resort for millionaires, a court ruled.

Credit upgrade for Bank of Ireland

Credit rating agency Moody's has upgraded one of its ratings for Bank of Ireland.

Credit demand slackening

Bank credit demand scenario has turned dismal since the beginning of the second quarter. This is borne out by the fact that from the beginning of July to August 27, outstanding credit in the banking system has come down by Rs 50,993 crore.

Loan recast for airlines: Banks get RBI go-ahead

Banks can now work out loan restructuring with individual airlines as the Reserve Bank of India (RBI) has given them (banks) the go ahead, said Mr O P Bhatt, Chairman, State Bank of India (SBI).

Credit Suisse `Greedy Antics' Bar It From Recouping Yellowstone Club Loan

Credit Suisse Group AG’s “greedy antics” bar it from collecting $229 million on a soured loan the bank made to the Yellowstone Club, a ski resort for millionaires, a bankruptcy judge ruled.

Mortgage Bonds Decline in U.S. After Home Refinancings Outpace Expectation

Mortgage bonds with U.S. government guarantees fell relative to Treasuries after data showed more homeowners with low interest rates refinancing than some analysts expected.

Freddie Mac to issue new 5-year note due 2015 (AP)

AP - Government sponsored mortgage buyer Freddie Mac said Wednesday it plans to issue new five-year notes due on Sept. 10, 2015.

Credit unions need flexibility to lend more to small businesses

Credit unions can boost small business lending to help economy if caps on lending are raised, says David Adams, CEO of the Michigan Credit Union League.

Hungary won't seek to renew IMF, EU loans

Hungary will not seek any more loans from the International Monetary Fund or the European Union and will be able to meet its financing needs by selling bonds to international and domestic investors, Economics Minister Gyorgy Matolcsy said Wednesday.

Oppenheimer downgrades H&R Block to 'Perform' (AP)

AP - Tax preparation company H&R Block has struggled for the last two tax seasons and faces uncertainty over the mortgages it still holds from its former lending operations, an Oppenheimer analyst said Wednesday.

Home loans dip as mortgage rates tick up

Applications for home loans dipped last week as mortgage rates ticked up slightly from the lowest level in decades.

Australian Home-Loan Approvals Climb 1.7%

Australian home-loan approvals rose in July, increasing the central bank’s scope to resume interest- rate increases in coming quarters.

SBA Disaster Loans Available Following Secretary of Agriculture Disaster Declaration in Wisconsin

ATLANTA----The U.S. Small Business Administration announces today that federal economic injury disaster loans are available to small businesses, small agricultural cooperatives and most private non-profit organizations of all sizes located in Wisconsin as a result of frost and freeze conditions that occurred on May 4-15, 2010.

Mortgage Lending Down 1.5 Pct as Rates Inch Up

Mortgage applications fall 1.5 percent as rates tick up from lowest level in decades Mortgage - Business - Financial Services - United States - Loan

What Great Chess Players Can Teach Investors (The Motley Fool)

The Motley Fool - The constant iterative calculation of risk and reward required in every chess move translates well to the investing world. I thought it might be instructive to look at three chess world champions and see how their style matches up to various investment styles. Do you see your own style in any of these Grandmasters?

Summary Box: Mortgage lending falls 1.5 pct (AP)

AP - MORTGAGE APPLICATIONS SLIP: Applications for home loans dipped last week as mortgage rates ticked up slightly from the lowest level in decades, according to the Mortgage Bankers Association.

Summary Box: Mortgage lending falls 1.5 pct

MORTGAGE APPLICATIONS SLIP: Applications for home loans dipped last week as mortgage rates ticked up slightly from the lowest level in decades, according to the Mortgage Bankers Association.

Mortgage lending down 1.5 pct as rates inch up (AP)

AP - Applications for home loans dipped last week as mortgage rates ticked up slightly from the lowest level in decades.

Mortgage lending down 1.5 pct as rates inch up

Applications for home loans dipped last week as mortgage rates ticked up slightly from the lowest level in decades.

Student Loans, Burger King: Hot Trends

'Student loans,' Burger King, Piers Morgan, 'Google search event,' ESTA and NCSECU are the trending topics on Google and Yahoo.

India bank loans prov down 0.39 pct as on Aug 27 - cbank

MUMBAI, Sept 8 (Reuters) - Indian bank loans fell 0.39 percent to 33.5 trillion rupees in the fortnight to Aug. 27 and was down 0.17 percent from end-July, provisional central bank data showed on Wednesday.

Payday loan companies and their collectors: The Real Deal

The Federal Trade Commission is cracking down on payday loan companies that aren't upfront about the terms of their contracts and who illegally try to collect.

Home buying up in week, but down 40 percent in year (Reuters)

Reuters - Americans applied to buy homes at the highest pace last week since May, but more than 8 of every 10 loan requests was for a refinancing, Mortgage Bankers Association data show on Wednesday.

ADB offers loans for health, irrigation projects

VietNamNet Bridge – The Asian Development Bank (ADB) will provide loans worth US$ 160 million and a grant of US$11 million to expand Vietnam’s access to quality health services and improve irrigation infrastructure.

Credit record may cost you a job

Credit bureau information is intended to give credit providers an indication of your ability to meet your financial commitments, and not meant to affect your chances of getting a job, writes Wendy Knowler.

Loan guarantee issued for Nevada geothermal project

The Department of Energy has announced a partial guarantee for a $98.5 million loan for a geothermal project in northwest Nevada.

Bank loans jumped 11.7% in July; robust economic growth seen

Bank loans rose at their fastest pace in 13 months in July, led by higher lending for manufacturing and other production activities, signaling a continuation of the robust economic growth registered in the first half of the year.