Posts Tagged ‘Loan’

Lloyds Full-Year Loss Misses Estimates; Loan Impairments Climb

Lloyds Full-Year Loss Misses Estimates; Loan Impairments Climb
Feb. 26 (Bloomberg) — Lloyds Banking Group Plc , Britain’s biggest mortgage lender, posted a full-year loss that missed analyst estimates and said loan impairments rose in 2009.

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Home purchase loan demand at lowest since 1997

Home purchase loan demand at lowest since 1997
By Julie Haviv

Read more on Reuters via Yahoo! Malaysia News

Rising rates drive loan delinquencies

Rising rates drive loan delinquencies
Ratings agency Fitch says mortgage delinquencies are set to rise in 2010 as borrowers battle interest rates.

Read more on BigPond News

(AFX UK Focus) 2010-02-10 14:53 UPDATE 1-U.S. home loan demand drops despite drop in rates

(AFX UK Focus) 2010-02-10 14:53 UPDATE 1-U.S. home loan demand drops despite drop in rates
By Julie Haviv

Read more on Interactive Investor

Judge in Countrywide Case Removed Over Claim of Discount Loan

Judge in Countrywide Case Removed Over Claim of Discount Loan
Feb. 5 (Bloomberg) — A Florida judge was ordered to remove himself from a foreclosure proceeding by Bank of America Corp. ’s Countrywide unit after the homeowner claimed the judge received a discount loan from an affiliate of the mortgage lender.

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Obama Calls For Small Business Mortgage Refinancing, Increase To Loan Limits

Obama Calls For Small Business Mortgage Refinancing, Increase To Loan Limits
(RTTNews) – President Barack Obama Friday proposed the next in a series of measures aimed at assisting small businesses and creating jobs.

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Complaints raise questions about Port St. Lucie loan modification company

Complaints raise questions about Port St. Lucie loan modification company
Complaints about Barry Leonard Hausman filed at the Port St. Lucie Police Department and other state agencies share a common theme.Some of Hausman’s clients allege they have lost money through his business Financial Sources Unlimited, which claimed to do mortgage modifications on the Treasure Coast and in the surrounding area.Some clients now claim their mortgages never got modified and they’re …

Read more on St. Lucie News Tribune

Banks’ $10 billion problem: loan repurchases

Banks’ $10 billion problem: loan repurchases
Just when they thought the worst of the mortgage crisis was behind them, billions of dollars in bad loans from the debacle may be rising from the dead and creeping back on the balance sheets of the largest U.S. banks.

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Loan modification rules meet with skepticism

Loan modification rules meet with skepticism
Homeowners say rules won’t help much Amid criticism that loan modification programs aren’t working, the federal government is pushing lenders to streamline efforts to lower mortgage payments for troubled borrowers.

Read more on Sun-Sentinel

Member Advantage Mortgage Makes Easy Transition to New RESPA Regulations Using XetusOne Loan Origination System

Member Advantage Mortgage Makes Easy Transition to New RESPA Regulations Using XetusOne Loan Origination System
As Lenders Tackle the Difficult Task of Compliance With New RESPA Regulations, XetusOne Provides a User-Friendly Solution

Read more on Marketwire