Home-Saving Loans Afoot (WallStreet Journal via Yahoo! Finance)
Pressure is growing on U.S. banks to ease terms for distressed homeowners on home-equity loans and other second-lien mortgages.
Home loans volume could be lower in 2010 but values expected to rise (Channel NewsAsia)
SINGAPORE: Singapore banks are not likely to see a significant jump in home loans growth this year.
Sun National Bank Appoints New President of Sun Home Loans, Inc. (PR Newswire via Yahoo! Finance)
Sun National Bank today announced that Cherry Hill, New Jersey-resident Steven J. Greenberg was appointed president of Sun Home Loans, Inc., the bank's mortgage company.
One Congressman's Solution for Boosting Small Businesses Loans (Motley Fool via Yahoo! Finance)
Congressman Kanjorski on lifting the lending cap on credit union loans to small businesses.
One Congressman's Solution for Boosting Small Businesses Loans (The Motley Fool via Yahoo! News)
The first Friday of every month brings the all-important employment report. February's numbers were better than anticipated. The United States lost only 36,000 jobs, versus the 68,000 that experts expected. This compares with 651,000 jobs lost in February 2009. Still, the unemployment rate held steady at 9.7%, with the unofficial rate stuck around a whopping 16%.
Some Paying Cards, Not Home Loans (The Lakeland Ledger)
By JENNIFER WATERS MCT CHICAGO | U.S. consumers are starting to look like a frugal, debt-fearing lot as they pay down billions of dollars in credit-card obligations. But an alarming trend is emerging: A small but growing number of people are skipping mortgage payments in favor of paying their credit-card bills.
First home buyers run from rate rises (Sydney Morning Herald)
Potential first homebuyers are giving up their search each time lenders hike interest rates on home loans.
Home ownership no longer a reality (Adelaide Now)
MANY would-be home buyers have given up the dream of ownership, hit by a 'perfect storm' of rising rates, tough conditions and abandoned grants.
Defaulted Loans May Haunt Seniors (WallStreet Journal via Yahoo! Finance)
A little-noticed law could result in smaller Social Security checks for hundreds of thousands of seniors who owe the U.S. money from defaulted loans and other debts more than a decade old.
Investor demand for housing loans strong (Brisbane Times)
Investors have returned from summer holidays to grab their largest share of housing loans since at least 1994, according to a survey by a mortgage broker.