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Loans

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Top Loans Articles

Displaying items 34-44
  • Boom time for moneylenders as debt pile drags on Thai recovery

    BANGKOK (Reuters) - "Business is great," said Aoy, a moneylender who charges a whopping 10 percent a month interest but finds plenty of takers in Thailand, where a huge pile of household debt is complicating the military government's efforts to revive a...
  • CenterState Bank completes purchase of First Southern Bank

    CenterState Bank completes purchase of First Southern Bank
    A Central Florida bank has completed its acquisition of First Southern Bank, based in Boca Raton, and will expand its South Florida presence by awarding more commercial loans. "We want to be very aggressive," said John Corbett, president and CEO of...
  • Education, semantics, and beauty pageant: Letters

    Scared into an education As a current student and borrower, I am writing to express my concern for the growing burden of student loans. As costs of college rise and proceeding incomes fall, it provides a sense of relief that there is a cap on the...
  • American Apparel lender Lion Capital demands $10-million loan be paid

    American Apparel lender Lion Capital demands $10-million loan be paid
    The wealthy playboy behind American Apparel Inc.'s latest crisis isn't ousted Chief Executive Dov Charney. It's a London financier named Lyndon Lea. American Apparel told securities regulators Tuesday that Lea's private equity firm, Lion Capital, has...
  • ECB looks to banks to deliver quantitative easing on its behalf

    FRANKFURT/PARIS (Reuters) - The European Central Bank is hoping a new round of long-term loans will be used by banks to drive down borrowing costs - a substitute for an asset-purchase scheme of its own which would avert a potentially damaging internal...
  • District 303's proposed budget shows $400,000 deficit

    District 303's proposed budget shows $400,000 deficit
    St. Charles School District 303 is projecting a budget deficit of about $400,000 in an overall budget of nearly $210 million next fiscal year, according to district documents. On Thursday, the Board of Education's Business Services Committee reviewed...
  • SunTrust to pay nearly $1 billion to settle mortgage-abuse allegations

    A nearly $1-billion settlement with California and other state authorities as well as federal agencies will close out two major investigations into possible mortgage wrongdoing by the home-lending arm of Atlanta's SunTrust Banks Inc. The agreements...
  • Virginia borrowers to receive $34 million in mortgage-abuse settlement with SunTrust

    A nearly $1-billion settlement with Virginia, California and other state and federal authorities will close out two major investigations into possible mortgage wrongdoing by the home-lending arm of Atlanta's SunTrust Banks Inc. Virginia is set to...
  • Credit crunch led to general contractor's woes

    By Ilyce Glink and Samuel J. Tamkin Q: I'm nearing 66 and still working, although I'm retired military of nearly 36 years, a Vietnam vet, and drawing Social Security. I had a successful business as a general contractor for many years. In 2008, just as...
  • $5.7 million: Debt service

    Editor's note: This is part of an everyday series exploring individual line items in state and local budgets. Read the entire series at www.dailypress.com/watchdog. GLOUCESTER – Over $38 million of school debt and $12 million of county debt make...
  • Mortgage rates ease, Freddie Mac says: 30-year fixed averages 4.17%

    Mortgage rates ease, Freddie Mac says: 30-year fixed averages 4.17%
    Mortgage interest rates eased slightly this week, with lenders offering 30-year fixed-rate home loans to solid borrowers at an average of 4.17%, down from 4.2% a week earlier, Freddie Mac said. The 15-year fixed-rate mortgage averaged 3.3%, down from 3....