Archive for the Credit Category

Lloyds has most ‘risky’ home loans on its books

Lloyds Banking Group has the largest exposure to risky property loans in the UK, according to research by the Bank of England.

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MFA Financial Hikes Dividend

MFA Financial, Inc. a real estate investment trust , recently hiked its quarterly cash dividend by $0.235 to $0.25 per share

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Beltone Financial Selects SunGard’s Valdi and Global Network to Support its Middle East Trading Business

Beltone Financial, a leading investment bank in the Middle East and North Africa, has gone live with SunGard’s Valdi trading and order management solution to support its local and regional trading business via a single front-office platform.Dubai July 06, 2011 Beltone Financial, a leading investment bank in the Middle East and North Africa, has gone live with SunGard’s Valdi trading and …

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Cash Crunch, 2.0: Why Can’t Small Businesses Get Loans?

Cash Crunch, 2.0: Why Can’t Small Businesses Get Loans?

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Legislature makes changes in lending law

The Nevada Legislature while in session passed bills giving greater protections to borrowers whose homes are in foreclosure and force banks to respond to short sale offers.

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UK Lending to individuals improves ever so slightly, but still weak

LONDON – Total lending to individuals rose by £1.3bn in May, similar to the previous six-month average of £1.2bn.

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Lloyds Banking Group has more high-risk loans and mortgages, says BoE

Around 60 per cent of the state-backed bank’s secured lending has a ‘high’ or ‘very high’ loan-to-value ratio – that is, a loan worth between 70 per cent and 90 per cent of the property’s value.

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Little-known way to save on foreclosures

Fannie’s HomePath program doesn’t require mortgage insurance or an appraisal.

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Secrets to getting a mortgage

Getting a mortgage can be tough these days — even people with near-perfect credit have been rejected for loans. But for some lucky borrowers, things aren’t as bad as the doom-and-gloom crowd says.

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5 factors that make and #8216;Mortgage approved!’ happen for buyers

NEW YORK #8212; There #8217;s rarely been a better time to buy a home. If only you could get approved for a mortgage.

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