Lenders consider new rate hikes

NON-conforming home loan lenders are considering hiking interest rates on their variable rate products even further in the new year to offset the cost of the credit crunch, an aggregator says.
Many non-bank lenders rely on generating their funding from securitised debt markets, which are still frozen overseas and barely active in Australia as the cost […]

Utahns Receive $1.8 Million From Ameriquest Mortgage Settlement

 
Utah Attorney General Mark Shurtleff and Francine A. Giani, Executive Director of the Department of Commerce, announced today that 1,770 Utah consumers will soon be getting refund checks from a national settlement agreement with Ameriquest Mortgage. “This has been a long battle to make sure Ameriquest borrowers get some restitution. The fight has been worth […]

Janata Bank won

Janata Bank will not charge interest on loans for six months and will make available Tk 255 crore loan facilities for farming and income-generating activities in cyclone Sidr-hit rural areas.
The interest benefit will be applicable to both on new and outstanding farm and non-farm loans, a high official of the state-run bank said yesterday.
According to […]

Troxler alerts nurseries about Small Business loans for drought losses

Agriculture Commissioner Steve Troxler reminds nurseries that they may be eligible for low-interest drought assistance loans offered through the U.S. Small Business Administration. The loans are available for all qualifying small businesses affected by the drought.
“Loans are now available for eligible nurseries because of three recent federal disaster declarations,” Troxler said. “Most North Carolina counties […]