Loans
Cut-rate loans offered to Maine flood victims - Boston Globe
AUGUSTA, Maine? Aroostook County residents whose homes were destroyed or damaged by the recent flood may be eligible for low-interest loans from the Maine State Housing Authority. MaineHousing Director Dale McCormick says the agency is working with ... (more...)
Northern Rock says outlook for UK mortgage industry remains 'highly ... - CNBC
LONDON (Thomson Financial) - Northern Rock Plc. said the outlook for the UK mortgage market remains "highly uncertain", but progress against its business plan to date is encouraging. The UK mortgage lender, which was nationalised in February, said ... (more...)
Yale students serve as bankers for struggling entrepreneurs - Boston Globe
NEW HAVEN, Conn.? When Larry Thomas couldn't get a bank loan for his struggling construction business, he turned to Yale University students less than half his age. Elmseed Enterprise Program, which provides small loans and intensive technical ... (more...)
Arrears increase at Northern Rock - MSN UK News
Nationalised mortgage lender Northern Rock has reported an increase in arrears, but said it was making "solid progress" with its business plan. Northern's executive chairman, Ron Sandler, said economic conditions combined with a shrinking loan book ... (more...)
Facebook Loan Ads Target Young People - Sky.com
Advertisements promising cash loans for people with poor credit ratings are appearing on the site - and the charity claims many break advertising regulations. A spokesman for the charity said: "Social networking sites, Facebook in particular, have ... (more...)
Michael Jackson says ranch foreclosure averted - Reuters India
NEW YORK (Reuters) - Entertainer Michael Jackson said on Sunday a foreclosure sale on his Neverland Ranch set for this week was averted after a loan on the California property was sold to Colony Capital, a large real estate investment firm. The loan ... (more...)
XOMA Refinances Royalty-Based Loan Facility for $55 Million - MSN MoneyCentral
BERKELEY, Calif., May 12, 2008 (PRIME NEWSWIRE) -- XOMA Ltd. (Nasdaq:XOMA), a leader in the discovery and development of antibody therapeutics, announced today that it has entered into an amended loan facility under which it has borrowed $55 million ... (more...)
HSBC Sets Aside $3.2 Billion for More Bad U.S. Loans (Update1) - Bloomberg
May 12 (Bloomberg) -- HSBC Holdings Plc , Europe's biggest bank by market value, set aside a smaller-than-estimated $3.2 billion for bad loans in the U.S. and said first-quarter profit was higher than a year earlier. ``The outlook for the rest of the ... (more...)
Combining student loans gets a bit harder - Houston Chronicle
Sallie Mae, the nation's largest lender of education-related loans, no longer participates in the federal consolidation loan program. That means parents and students who took out federally backed loans before July 1, 2006, through the market leader ... (more...)
Yale students launch loan program - Boston Globe
NEW HAVEN, Conn. - When Larry Thomas couldn't get a bank loan for his struggling construction business, he turned to Yale University students less than half his age. Elmseed Enterprise Program, which provides small loans and intensive technical ... (more...)