World's Largest Collection of Loan Resources

Fed starts program to buy illiquid mortgage assets - 1 day ago - WASHINGTON MarketWatch The Federal Reserve Bank of New York on Monday began buying illiquid mortgage-backed securities guaranteed by Fannie Mae and Freddie Mac and Ginnie Mae as part of an earlier announced 500 billion program. The 0133 : Marketwatch

Bank set to cut rates to record low - 42 minutes ago - LONDON Reuters - The Bank of England looks set to cut interest rates by at least half a percentage point this week to their lowest level on record as it tries to prevent the economy sliding into a long and painful recession. Financial 0133 : Reuters UK

GMAC to keep making home loans - 12/29/2008 - GMAC's mortgage-lending unit will continue to make home loans after the company receives a promised 6 billion federal bailout. We will continue to originate mortgage products that can move in the secondary market, GMAC spokeswoman Gina 0133 : Minneapolis Star Tribune

Credit crunch the big picture - 27 minutes ago - All week, you've been hearing about subprime this, and asset-backed that, and commercial paper whatever. Here's the big picture the stock market has been going strong for years. This pullback is a natural and expected result some say it 0133 : Toronto Star

Rates are low, but loans difficult to get - 1 day ago - Mortgage rates are at their lowest level in decades, but thousands of Silicon Valley residents are discovering that qualifying for a loan is tougher than it has been in years. Banks are reluctant to lend at favorable rates to all but the 0133 : San Jose Mercury News

Economic Stimulus Runs Counter To Common Sense - 1 hour ago - E xtraordinary times require extraordinary actions, the experts say. That's why President-elect Barack Obama is pushing for tax cuts and government spending. This runs counter to how most of us think, considering that the last thing any of 0133 : Highlands Today

Black s Apollo Said to Be Among Lenders in Lyondell Bankruptcy - 2 hours ago - Jan. 7 Bloomberg Apollo Management LP, the private- equity firm led by Leon Black , is among the largest creditors of Lyondell Chemical Co., which filed for bankruptcy protection, according to a person with direct knowledge of the 0133 : Bloomberg

ICICI Bank finally cuts home loan rates - 12/31/2008 - MUMBAI ICICI Bank has finally brought down its interest rates on home loans both for existing as well as new customers by 0.5 . In a statement issued here the bank said that it has effected a reduction of 0.50 in its Floating Reference 0133 : Economic Times