BUSINESS LOAN LENDERS News, Sports, Shopping, Travel information

Small Business Financing- Use 401k funds
Buy a business or franchise with your retirement funds. Avoid debt, or combine with loans. No tax penalties!
www.GuidantFinancial.com

Big Student Lender Suspends Business
college loan corp. is suspending the remaining part of its student-lending business after it lost funding.
biz.yahoo.com

Student Loan Availability Squeezed
dallas — it’s crunch time for families seeking college financial aid as bills for the fall semester’s tuition and room and board come due. but the ongoing credit crunch has caused some lenders to stop making student loans and to raise lending standards — forcing many students and their families to seek alternative sources of financing. key among those: federally guaranteed student loans, ...
www.thestate.com

N.j.'s Small Businesses Get New Loan Option
a government-backed lending initiative begun this year in western states has been introduced in new jersey as the small business administration tries to make more financing available to small businesses facing a credit crunch.
www.northjersey.com

College Loan Corp. To Cease Private Loan Disbursements
college loan corp. said it is exiting the remaining part of its student loan business. the company said it will "cease all private loan disbursements effective immediately" because it lost its funding.
biz.yahoo.com

You Can Buy A Vail Valley Home
eagle county — no one in the real estate business likes saying no. but “no” is becoming more common in the vocabulary of brokers and lenders, especially when it comes to first-time home buyers.
www.vaildaily.com

Making A Business Of Family Loans
as banks tighten lending standards, alternative sources are stepping into the breach, organizing and processing loans among family, friends and business associates.
www.nytimes.com

Farmers Get Sbi Lifeline To Escape From Lenders
with a view to extend its rural reach, the state bank of india has revised a scheme under which it provides loans to farmers to free them from the clutches of money lenders.
economictimes.indiatimes.com

Some States Set Caps To Control Payday Loans
lawmakers in some states are looking to sharply reduce the caps on annual interest rates for payday lenders, as the industry is attempting to put the issue on the ballot.
www.nytimes.com

National Business Briefs: Gm To Recycle, Reuse
the attorney general of new york is negotiating settlements with eight student loan companies to reform deceptive practices in the industry. a particular focus is the marketing of products so they appear to be federal loans, an official said friday.
www.kansascity.com

Wells Fargo Exec. Says Lenders Failed The Prudent Test
as chairman and the former chief executive of wells fargo, richard kovacevich led the nation's fifth-largest bank during the run-up to the mortgage and housing crisis.
seattletimes.nwsource.com

Thrift Agency Warns Home- Equity Lenders - Chicago Tribune
washington—after a rash of consumer complaints, the federal agency charged with regulating savings and loan institutions has issued guidance warning lenders they could not arbitrarily change the terms of home-equity loans. the office of thrift ...
www.chicagotribune.com

Risky Mortgages Threaten To Keep Housing Market Down - Detroit Free Press
in the mortgage industry, they are called liar loans -- mortgages approved without requiring proof of the borrower's income or assets. the worst of them earn the nickname ninja loans, short for no income, no job and no assets. the nation's housing ...
www.freep.com

Prosecutor Becomes Figure In Mortgage Mess - Reuters
los angeles (reuters) - thomas o'brien, the u.s. attorney for california's central district, is emerging as a likely prosecutor in criminal cases expected from the u.s. mortgage meltdown. in the past, he has faced gang members in court and since ...
www.reuters.com

Student Loan Companies In Settlement Talks - Businessweek
the attorney general of new york is negotiating settlements with eight student loan companies to reform deceptive practices in the industry. a particular focus is the marketing of products so they appear to be federal loans, an official said friday ...
www.businessweek.com

Privacy Dumped For Better Loan - Study - News.com.au
survey shows 75pc supported positive credit reporting mortgage broker calls for comprehensive credit reporting guides and tools : how to fix a bad credit record most australians would not shy away from allowing lenders to access their entire credit ...
www.news.com.au

A Fifth Of Home Loans Head For Negative Equity - Guardian Unlimited
britain's banks may have to write off £38bn of mortgage debt as plunging house prices send almost a fifth of the home loans on their books into negative equity, according to leading city analysts. write-offs on that scale will dwarf the cost of the ...
www.guardian.co.uk

Student Loan Availability Squeezed - The State
dallas — it’s crunch time for families seeking college financial aid as bills for the fall semester’s tuition and room and board come due. but the ongoing credit crunch has caused some lenders to stop making student loans and to raise lending ...
www.thestate.com

Local Address: Plenty To Coax Buyers Back - Washington Post
if you've been watching for the fleeting, best time to buy a home, this fall may be it, especially if you're a first-timer. that's not because all is suddenly well with the housing market. it's not. but there are signs that things are starting to ...
www.washingtonpost.com

Wells Fargo Exec. Says Lenders Failed The Prudent Test - Seattle Times
dick kovacevich will retire this year as chairman of wells fargo, which was cautious toward the subprime business and thus escaped the worst of the mortgage-industry crisis. portland — as chairman and the former chief executive of wells fargo ...
seattletimes.nwsource.com

Takeover Seen Easing Loan Crisis - Boston Globe
the bush administration's planned takeover of mortgage giants fannie mae and freddie mac should help lower mortgage rates, stem the slide of housing markets, and stabilize the us economy, analysts said. the takeover, expected to be announced as early ...
www.boston.com