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The source of trouble in the mortgage market has shifted from subprime loans made to borrowers with bad credit to homeowners who had solid credit but took out exotic loans with ballooning monthly payments. The Mortgage Bankers Association said Friday ...
Read moreHome loan troubles break records again - BusinessWeek
T he newly updated Higher Education Act included two words that will please families dealing with hefty education debt: loan forgiveness. A recent column on the government's move to wipe out federal loans for those who work in lower-paying public ...
Read moreForgiveness is in the offing for federal, state education loans - Baltimore Sun
Sept. 5 (Bloomberg) -- H&R Block Inc. , the largest U.S. tax preparer, is done with its strategic overhaul after exiting subprime lending and will keep its bank and consulting units, Chief Executive Officer Russ Smyth said. The company will focus on ...
Read moreH&R Block Done Selling Units, New Chief Smyth Says (Update2) - Bloomberg
The collateral continues to perform within Fitch's base case expectations. Currently, under the credit enhancement structure, the securities can withstand stress scenarios consistent with the current rating categories and still make full payments of ...
Read moreFitch Upgrades Chase Auto Owner Trust 2006-A - Forbes
Peachtree LBP Finance Company, LLC ("Peachtree LBP") is the Administrator of LBP 401(k) Plus and a subsidiary of Peach Holdings, Inc. LBP 401(k) Plus is a turnkey, individually owned retirement program that emulates a traditional 401(k) plan for ...
Read morePeachtree LBP(R) Announces Update of Loan Rate for LBP 401(k) Plus(R) - Forbes
NEW YORK (CNNMoney.com) -- It took six months and hundreds of resumes, but Josh Hager has finally landed a job. The Jersey City, N.J., resident is finishing his third week as a commercial credit analyst at Eastern Funding, which provides financing ...
Read moreJosh gets a job! - CNN Money
In 11 months, Daniel and Sara LaFave paid down $12,000 worth of debt. The Clearwater couple cut out nonessentials such as eating out, $65 haircuts and impulsive purchases. They stuck to a budget — even for birthday party gifts — and sought free ...
Read moreAdviser charts a biblical road to financial salvation - St. Petersburg Times
The Washington, D.C. and Dallas offices of HFF (Holliday Fenoglio Fowler, L.P.) announced today that they arranged a $172.5 million construction/mini-permanent loan for three multifamily developments totaling 1,134 units in Maryland. HFF director ...
Read more$172.5 Million Construction/Mini-Permanent Loan Arranged by HFF for ... - MSN MoneyCentral
Younan Finance Group, a subsidiary of Younan Properties Inc. , one of the largest office property owners in Dallas, has contracted to buy a portfolio of five mezzanine loans from Rubicon Capital America LLC. The loans are backed by office building ...
Read moreYounan Properties affiliate to acquire loan portfolio - Dallas Business Journal
WASHINGTON - Whether or not the government is actually on the verge of taking over mortgage finance companies Fannie Mae and Freddie Mac , investor fears that a bailout is imminent could turn such a worst-case scenario into reality. Amid renewed ...
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