Loan approved for TCID Canal take-out repairs

FERNLEY--First Independent Bank of Fallon has approved a $3 million loan to the Truckee Carson Irrigation District's that will be used by the district to repair take-outs in the Truckee Canal in the Fernley area only.

HomeStreet Bank Hires Former MetLife Home Loans Mortgage Professionals From Across Three-State Area

HomeStreet Bank, a subsidiary of HomeStreet, Inc., has hired a substantial majority of the loan production personnel based in Washington, Oregon and Idaho from MetLife Home Loans, whose parent company, MetLife, Inc., announced on January 10, 2012 that it would no longer originate forward mortgages.

Delaware officials wrestle over mortgage deal (Reuters)

Reuters - Delaware stands to leave up to $40 million in homeowner relief on the table, if it does not join a multi-state mortgage settlement, according to a letter from the state's banking commissioner seen by Reuters on Tuesday.

Delaware officials wrestle over mortgage deal

(Reuters) - Delaware stands to leave up to $40 million in homeowner relief on the table, if it does not join a multi-state mortgage settlement, according to a letter from the state's banking commissioner seen by Reuters on Tuesday. In a sign of internal strife as holdout states decide whether to join the settlement, Delaware banking commissioner has come out in support of the deal, while the ...

Mortgage Settlement Talks Look Like Tobacco II

Lacking in all the litigation over foreclosure processing services are borrowers who weren't actually in default.

Earnings Preview: Credit Suisse to post Q4 results

Credit Suisse Group's earnings results for the fourth quarter of 2011, due before financial markets open Thursday in Zurich, are expected to show a drop in profits.

Prudential Mortgage Capital Company posts strong originations 2011

Prudential Mortgage Capital Company originated nearly $9.7 billion in commercial mortgages for 2011, surpassing its 2010 level of $9.1 billion, making it the company’s third largest production year ever.

Electric car maker and U.S. loan recipient Fisker cuts jobs

Fisker Automotive, the electric car company that received $528 million in Energy Department loan guarantees, announced layoffs at its Delaware production facility on Monday.

Missouri Credit Union Association Adopts Viewpointe’s Pointe2Pointe with Internet Connectivity

Viewpointe® today announced that iVia Exchange Services, a division of the Missouri Credit Union Association has become the latest Pointe2Pointe® with Internet connectivity

Canadian Mortgage Rates Market Expected to Cool

TORONTO, ONTARIO-- - Recent fluctuations in variable and fixed mortgage rates have left Canadian consumers confused about future mortgage trends. The good news is that February should be less volatile, ...

Fed Actions Drive Mortgage Rate Expectations

WASHINGTON, Feb. 7, 2012 /PRNewswire/ -- The majority of Americans continue to expect no change in mortgage rates over the next 12 months, according to results from Fannie Mae's January 2012 National Housing ...

CoVantage Credit Union Deploys Tyfone Mobile Wallet Services to Its Members

CoVantage Credit Union , serving 17 counties in Wisconsin and Michigan, today announced the availability of Tyfone mobile wallet services to its members. CVCU teamed with Tyf

Fisker has layoffs while renegotiating federal loan

Fisker Automotive, an electric car maker that received a half-billion-dollar loan from the federal government, said Monday that it has laid off workers in Delaware and California.

Key states move closer to foreclosure-abuse deal (AP)

AP - California and New York, the key holdouts in a long-awaited settlement over foreclosure abuses, moved closer Monday to backing a deal that would force the five largest mortgage lenders to reduce loans for about 1 million households. More than 40 U.S. states have agreed to a nationwide settlement.

Citigroup to launch credit cards in China

Citigroup said it has won permission to issue credit cards in China, a first for a foreign bank amid complaints regulators largely shut out overseas competitors from tapping the massive market.

U.S. loan on hold, Fisker electric-car plant stalls

Fisker Automotive, a recipient of U.S. loans to develop electric cars , said it has temporarily stopped work on developing a plant in Wilmington, Del., after the Energy Department froze access to its credit line. Fisker,... Presented By: Chicago Booth Business Forecast http://dlvr.it/18Nx0g" Ads by Pheedo

Auto Loans in 30 Seconds Drive Accelerating Vehicle Sales: Cars

Three years ago, credit was so tight that the owner of a legal firm with a $400,000 salary and a very good credit score of more than 700 couldn’t get financed to buy the car he wanted from Michael Mosser’s dealership.

Loan sharks force debtors to sell flats then pocket COV

The illegal moneylenders recruit real estate agents, some of whom are debtors themselves, to carry out the sales. -AsiaOne

Fisker lays off workers, wants to renegotiate federal loan

Fisker Automotive has stopped work at a former General Motors auto plant in Delaware, where it plans to build Project Nina, a family-size plug-in hybrid expected to sell for about $50,000.

UCLA study gives qualified support to film tax credit program

While California's film tax credit is providing an economic benefit to the state, it may not be providing as much of a return to taxpayers as an earlier study claimed. While California's film tax credit is providing an economic benefit to the state, it may not be providing as much of a return to taxpayers as an earlier study claimed.

Another Boeing Loyalist Brightens the Skyline (The Motley Fool)

The Motley Fool - Thanks to the nuclear buildup in Iran, defense deals are pouring in. Backed by a solid reputation and loyal customers, Boeing (NYSE: BA - News) seems to have successfully cashed in on the scenario, as it ended 2011 with a bang.

MGM gets $500 mln loan to expand film, TV slate

LOS ANGELES (Reuters) - Metro-Goldwyn Mayer said its lenders agreed to loan the studio $500 million to retire debt it took on when it emerged from bankruptcy about a year ago and to expand its film and TV production. The revolving credit facility replaces a term loan and smaller revolving facility the studio received as part of a prepackaged bankruptcy and will improve its cash flow to allow the ...

Student loans FAFSA

If you have a child headed off to college this fall, you've got an important item on your to-do list: the Free Application for Federal Student Aid (FAFSA), which you can submit as early as Jan. 1.The number ...

Mortgage deal faces setbacks, again (Reuters)

Reuters - A multi-state mortgage settlement in the works for more than a year will likely be pushed back again as dissident U.S. states continue to press specific concerns and ignore a Monday deadline to decide whether they will sign it.

Mortgage deal faces setbacks, again

(Reuters) - A multi-state mortgage settlement in the works for more than a year will likely be pushed back again as dissident U.S. states continue to press specific concerns and ignore a Monday deadline to decide whether they will sign it. States had been given two weeks to assess a proposed settlement, under which top U.S. banks would pay up to $25 billion in exchange for resolving civil ...

Loan sharks' new tactic: Owe money? Sell house, hand over COV

Loan sharks have found a new way to get some debtors to pay up: demand that they sell their Housing Board flats and hand over the cash over valuation (COV) quantum. Related Stories Tourism arrivals reach new highs, $22b spent in 2011 Local budget carrier Scoot adds Gold Coast destination Lorry driver charged with causing death and hurt SBS bus on fire at Lower Delta Road Woman jailed for plot to ...

Housing plan helps nearly 1 million homeowners (Reuters)

Reuters - Nearly 1 million U.S. homeowners have won permanent reductions on mortgage payments since the Obama administration launched its foreclosure prevention program in 2009, the U.S. Treasury said on Monday, only a fraction of the total it aimed to reach.

Hoku Corporation Announces Term Extension of $50 Million Loans

HONOLULU, HI-- - Hoku Corporation , a solar energy products and services company, today announced the extension of the maturity date of $50 million in loans from Tianwei New Energy Holdings Co., Ltd., ...

Credit Builder Loans Can Help Burnish Your Credit Score

Credit builder loans, offered by credit unions and other institutions, help credit-starved borrowers rebuild or establish a credit history.

Credit Builder Loans Can Help Burnish Your Credit Score

Credit builder loans, offered by credit unions and other institutions, help credit-starved borrowers rebuild or establish a credit history.

Mortgage deal may be partial fix

The architects of the joint state-federal mortgage releief plan believe it would be better for homeowners to get a partial deal than nothing at all, according to sources close to the talks.

Credit Cards For Kids

Giving your child a credit card can be an important lesson in money management.

California may join multi-state mortgage settlement

California has until Monday to share in a multi-state deal with banks to obtain mortgage relief and reforms. Atty. Gen. Kamala Harris, who walked away from talks last year, says the door remains open. With a Monday deadline at hand, California officials have resumed direct talks with the Obama administration about joining a multibillion-dollar, multi-state mortgage settlement with the nation's ...

7 Costly Credit Card Mistakes

Those who don’t use plastic responsibly end up with a mountain of debt.

Fidelity Nat'l to buy O'Charley's restaurant chain (AP)

AP - A title insurance and mortgage services company that already owns a stake in the Bakers Square restaurant chain is buying the restaurant operator O'Charley's Inc., the companies announced Monday.

Credit Agricole – CIB Announces Three New Senior Executive Appointments

Crédit Agricole Corporate and Investment Bank, Crédit Agricole Group’s corporate and investment banking arm, today announced three new senior executive appointments.

Refund anticipation loans coming to an end

After years of bilking consumer tax refunds through refund anticipation loans fees, tax preparers are finally closing them down

Borrowers 'shunning credit cards'

Demand for credit cards is "feeling the strain" as UK borrowers turn to other forms of finance, a report suggests.

Exillon Energy Plc - Loan Facility

Exillon Energy plc Loan Facility 6th February 2012 Exillon Energy plc ("Exillon Energy") (EXI.LN), an independent oil producer with assets in two oil-rich regions of northern Russia, Timan-Pechora ...

Ackermann Shunned ECB Loans for Reputation

Deutsche Bank AG shunned the three- year loans the European Central Bank offered to banks in December on concern taking the funds could damage its reputation with customers, said Chief Executive Officer Josef Ackermann.