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Loans

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Top Loans Articles

Displaying items 12-22
  • China to steer clear of stimulus for economy: Xinhua commentary

    BEIJING (Reuters) - China is going to avoid going down the "familiar path" of resorting to large stimulus measures for the economy, and there is no sign of a shift in monetary and fiscal policy, state news agency Xinhua wrote in a commentary on Monday....
  • Wells Fargo's first-quarter earnings surprise

    Wells Fargo & Co., the biggest U.S. mortgage lender and the largest bank by deposits in the Lehigh Valley, reported a higher-than-expected 14 percent rise in first-quarter net profit, as a series of one-time gains helped offset the continued slowdown in...
  • Wells Fargo profit beats estimates, helped by one-time gains

    (Reuters) - Wells Fargo & Co, the biggest U.S. mortgage lender, reported a higher-than-expected 14 percent rise in first-quarter net profit, as a series of cost cuts and one-time gains helped the bank offset the lowest volume of home loans it made in...
  • Draghi takes slow road to QE with packaged-debt push

    FRANKFURT (Reuters) - The European Central Bank is mulling creative measures to stave off deflation but one of them, revamping a market that was at the heart of the financial crisis, will take time with no guarantee it will take off. It is scrambling...
  • Scottish independence would delay UK return to triple-A status: Fitch

    LONDON (Reuters) - The United Kingdom would need longer to recover the triple-A debt rating it lost last year if Scotland votes for independence in September, ratings agency Fitch said on Thursday. Fitch said London's promise to honor all existing United...
  • PA Senate passes bill banning cash gifts to elected officials

    PA Senate passes bill banning cash gifts to elected officials
    HARRISBURG — The Pennsylvania Senate on Wednesday unanimously approved a bill that bans cash gifts to lawmakers and other elected and appointed officials in state and local government. The bill would make it illegal for public officials and...
  • State Settles With Companies Charging 'Exorbitant' Interest Rates

    The state has reached a settlement with two companies that issued loans at annual interest rates of up to 355 percent, Connecticut Banking Commissioner Howard F. Pitkin announced Wednesday. CashCall Inc. and Western Sky Financial LLC have agreed to pay a...
  • University officials support loans for undocumented students

    University officials support loans for undocumented students
    SACRAMENTO -- Administrators from California’s two public university systems called Wednesday for the state to provide student loans to some immigrants in the country illegally to cover expenses not met with state scholarships. UC President...
  • To slay the debt dragon, keep on chipping away

    Six years ago, Cherie and Brian Lowe decided they'd had enough with being in debt. The couple, who live in Greenwood, Ind., owed more than $127,000 in student loans, credit card bills, auto loans and more. With a second child on the way, they worried...
  • Cook Co. accuses Bank of America of predatory lending

    Cook County on Monday filed a federal lawsuit against Bank of America and its subsidiaries, alleging that its mortgage lending and loan servicing practices were predatory and discriminatory, violating the federal Fair Housing Act. Like a similar federal...
  • Chinese developers seek alternative financing as investors grow wary

    HONG KONG (Reuters) - China's property developers are turning to commercial mortgage-backed securities and looking at other alternative financing as creditors grow more discriminating in the face of rising concerns about the country's real estate and debt...