Hungary Is `Perfect' for New Precautionary IMF Loan, Morgan Stanley Says

The International Monetary Fund ’s precautionary credit line, a new type of loan facility offered to countries to help stave off crises, would be “perfect” for Hungary, whose bailout expires in October, Morgan Stanley said.

MONROE: Council OKs $348K loan, lease agreement

MONROE The Township Council approved a loan agreement and a lease agreement with the Middlesex County Improvement Authority at Monday nightâs TownshipCouncil meeting.

Mortgage data pool looms

(EXCLUSIVE) Homebuyers' mortgage histories are set to be shared among banks from next year - if the privacy commissioner gives the go-ahead.

Credit Agricole, Societe Generale To Meet Australia Debt Investors - Sources

Zimbabwe: Court Throws Out Woman's Appeal Against Loan Shark

One of the people claiming "loan shark" Frank Buyanga unprocedurally changed ownership of her Hatfield house after she borrowed money from him has had her case thrown out by the High Court.

Australia Mortgage Bond Rules Are Negative for Smaller Banks, Moody's Says

Australia’s regional banks face higher costs to sell mortgage-backed bonds after the regulator released new guidelines on how some notes should be treated when calculating reserve buffers, Moody’s Investors Service said.

Australia's credit rating not hurt by political deadlock

International credit rating agency Standard & Poor's (S&P) has reaffirmed Australia's AAA credit rating, saying there is a strong political will to bring the budget back to surplus whoever eventually wins power.

First Gen signs $142-M loan with consortium of banks

MANILA, Philippines - First Gen Corp. has signed a $142-million loan with a consortium of foreign and commercial banks.

Ombudsman sets probe on Pag-IBIG loans to Globe Asiatique

MANILA, Philippines - The Ombudsman has created a task force that would probe alleged anomalies in the home loans granted by state-run Home Development Mutual Fund or Pag-IBIG Fund to property developer Globe Asiatique Realty Holdings Corp.

UAE bank mortgage loans rise by Dh18bn in H1

UAE banks boosted mortgage credit by nearly Dh18 billion in the first half of 2010 to reverse a sharp slowdown through 2009 because of a downturn in the sector and a post-crisis lending tightness, official figures have shown.

Prosecutors: Erie area mortgage fraud defendant's requests 'devoid of merit'

Former mortgage office manager Francis R. Conti, serving a federal prison term for his role in a local mortgage-fraud scam, argues in court papers that a recent U.S. Supreme Court ruling limiting a commonly used federal fraud law should get him released from prison and his sentence modified.

No loans for polluters

China's central bank has set up a database on companies' environmental records and banks were told not to approve loans to companies that have violated environmental regulations, the Shanghai Securities News reported Saturday.

Korea to Tighten Access to Low-Income Loan Program on `Excessive' Demand

South Korea will tighten criteria on a government loan program for low-income households after seeing “excessive” demand in the first month, the head of the country’s financial regulator said.

One-in-18 could be in mortgage arrears

MORTGAGE arrears could peak to a point where one in every 18 home loans would be in arrears.

Ottawa prevents student-loan shortfall with last-minute fix to financing limits

The federal government rushed through a change in student loan funding to ensure 50,000 post-secondary students would have enough money to go to school this fall

Rural banks’ delinquent loans fell in March

The exposure of rural banks to delinquent loans fell into the single-digit territory in March from a year ago.

Gazprombank Loan Said to Top $750M

LONDON — Gazprombank , a former banking unit of Gazprom, has raised more than $750 million on its new three-year syndicated loan from 12 lenders, banking sources close to the deal said Friday.

Thrift banks soured loans rise in Q1

SOURED LOANS of thrift banks in relation to total loans rose in the first quarter, while those of rural and cooperative banks declined, data from the Bangko Sentral ng Pilipinas (BSP) showed.

Loan modification program in Phoenix helps fewer than expected

A year and a half after it began, the federal government's loan-modification program is helping fewer homeowners facing foreclosure than hoped.

Thrift banks’ bad loans rise in March

Despite a decline in core lending from the previous quarter, latest data from the Bangko Sentral ng Pilipinas (BSP) said that the country’s thrift banks posted a slightly higher level of bad loans in March.

Borussia Loan Bulgarian Striker to Maccabi Tel Aviv

The 27-year-old Bulgarian striker will play on loan for Maccabi for one season, and the Israeli club will have the right to purchase him from Borussia if they are satisfied with his performance.

SBA loans up in Wichita district

Matt Graham is one of 264 recipients of Small Business Administration-backed loans in the agency's Wichita district so far this year.

Credit union in Oregon robbed by 2 armed men

BLADE STAFF The Oregon branch of Directions Credit Union was robbed Friday morning by two armed men who wore dark ski masks and gloves, the FBI said. The robbery at 3312 Dustin Rd. occurred about 9:40 a.m. The robbers, armed with handguns, were seen fleeing in an older, gray four-door sedan. They wore loose, long-sleeved shirts, one green and one blue, and dark tennis shoes. Anyone with ...

Attractive loans

There are NRIs who want to come back and start their own enterprise in India as the country offers high returns. To support them, Nair said, the bank offers loans for setting up such ventures at very attractive rates of interest.

Credit Reports: Lenders Aren't the Only Ones Looking at Your Credit History

Credit report checks aren’t something to look forward to, especially if you know your credit history won’t impress the lender. But there is another reason why you should be worried. Much more recently, employers are using applicants’ credit reports to deny jobs, The Huffington Post reported. According to the site, the Society for Human Resource Management conducted a survey which showed that as ...

China to block loans to firms on environment blacklist: Report

China to block loans to firms on environment blacklist: ReportChina to block loans to firms on environment blacklist: Report

Mortgage rates drop to another new record

Mortgage rates fell to the lowest level in decades for the 10th time in 11 weeks, as investors worried about the economy. Business - United States - Mortgage - Financial Services - Mortgage loan

Mortgage rates hit decades-low of 4.32 percent

Washington -- Mortgage rates fell to the lowest level in decades for the tenth time in 11 weeks, as investors worried about the economy.

Petrobras sells 64 bln dlrs of stock to fund oil exploration (AFP)

AFP - Brazil's Petrobras unveiled one of the world's biggest share offerings Friday, a sale of up to 64 billion dollars in new stock to finance oil exploration aimed at turning Brazil into a leading oil exporter of the 21st century.

European Investment Bank Loans To Drop 18% On Year - President

US Bank Business Loans Up $200 Million In Latest Week

Credit Controller

Job description - Senior Credit Controller/Credit Controller - City of London - A28,000 - A30,000 plus competitive benefitsInternational legal services company based in Central London are currently looking to add a Credit Controller to one of their busy and highly successful divisions.

MGIC added $1.2B in mortgage coverage in August (AP)

AP - Private mortgage insurer Mortgage Guaranty Insurance Corp. said Friday it added $1.2 billion in new primary insurance coverage in August and the number of delinquent loans it insures declined.

Sirius XM Has a Stern Decision to Make (The Motley Fool)

The Motley Fool - Satellite-radio star Howard Stern is negotiating in public again.

Credit card laws could actually hurt some college students

A new credit card law doesn't allow students under 21 from owning a credit card if they are unemployed. That could prevent them from building up a credit history.

Mortgage rates at record lows

WASHINGTON (AP) - Mortgage rates have fallen to the lowest level in decades for the tenth time in 11 weeks.

Credit exposure still poses challenge for Qatari banks: Fitch

Credit wheels keep rolling in July

BUSINESS’ credit appetite stayed strong last month, while consumers remained cautious, causing the annual growth rate for credit extended to the domestic private sector in July to increase to 11,4 per cent from 10,6 per cent in June.

(AP)

AP - Coast Guard: no sign of oil leak after Gulf platform fire, but crews continue to monitor.

5 Tax Moves to Make Now (U.S. News & World Report)

U.S. News & World Report - It may seem a bit strange to be talking about income taxes in September. There are, however, good reasons to think about taxes well before April 15. For starters, there are some big changes in the tax code that go into effect in 2011. Depending on your income tax bracket and investments, some simple planning now could save you a bundle later.