World's Largest Collection of Loan Resources

Business big shot David Postings - 3 hours ago - What a time it was to join a sub-prime lender. David Postings arrived at Cattles in September 2007, just as Northern Rock was going cap-in-hand to the Bank of England for emergency funding and wholesale markets were seizing up. It was the 0133 : Times Online

PennyMac, Led by Ex-Countrywide Head, Buys FDIC Loans 0133 - 2 hours ago - Jan. 7 Bloomberg Private National Mortgage Acceptance Company LLC , an investor in troubled mortgages run by a former president of Countrywide Financial Corp., bought 558 million of home loans that the Federal Deposit Insurance Corp. 0133 : Bloomberg

Mortgage applications down, home-equity credit delinquencies 0133 - 8 hours ago - Surveys released today showed that fewer Americans applied for mortgages last week and more were missing payments on their home equity lines of credit. The Mortgage Bankers Assn. said applications for new home loans fell 8.2 for the week 0133 : Los Angeles Times Blogs

Columbia profs Incentivize servicers to modify mortgages - 1 hour ago - Three Columbia University professors today tackled one of the thorniest problems of the housing debacle how to increase modifications to soured home loans that have been bundled into mortgage bonds. Troubled mortgages that back securities 0133 : Los Angeles Times Blogs

Home-equity loan delinquencies are highest level ever - 8 hours ago - ate payments on home equity loans rose to a record in the third quarter, as consumers remain under stress as unemployment rises and the credit crisis persists, the American Bankers Association reported. Home-equity delinquencies rose to 0133 : Daily Business Review

GM May Not Require Further U.S. Loans to Survive Update2 - 5 hours ago - Jan. 7 Bloomberg General Motors Corp. said it has enough government loans to cover its worst-case forecast for U.S. auto sales and won t need more if the economy holds up. Pledges from the U.S. Treasury for as much as 13.4 billion to 0133 : Bloomberg

Late Loan Payments Hit Record High - 5 hours ago - AP Late payments on consumer loans in last year's third quarter hit the highest level since record-keeping began in 1980, the American Bankers Association said Wednesday. The association said delinquencies rose to a seasonally adjusted 0133 : CBS News

Treasury considers bank lending guarantees for business - 5 hours ago - The government is considering a package of measures to cushion the blow of the recession which could include throwing lifelines to big companies, small businesses and households starved of finance in the money markets. A high level team of 0133 : Guardian Unlimited