The Prime Minister of UK and the Chancellor have announced new measures to bring stability to the banking sector and ensure the resumption of lending to families and businesses across the UK.
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Standard Chartered Plc said it may lend as much as $7.15 billion to its Whistlejacket Capital structured investment vehicle and take on the fund's assets.
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Why are reverse mortgage a growing trend and who are they for? Find out if a reverse mortgage is right for you.
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Regulators and lawmakers seem to be taking a wait-and-see approach on mortgage reform as they confront the fallout from several years of lenders making too many home loans to people with inadequate credit, The Associated Press reported Friday.
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New York Attorney General Andrew M. Cuomo said Wednesday that he was broadening his inquiry to examine the criteria lenders use when making loans, and whether they violate civil rights statutes, The New York Times reported.
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Bankrate, Inc. (Nasdaq: RATE) today announced a partnership with LendingTree, LLC, which will connect consumers to high-yield savings accounts. Bankrate will provide listings of financial deposit products to the new LendingTree High-Yield Savings Account Marketplace, which is located at www.lendingtree.com/savings.
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Under its Facility for Euro-Mediterranean Investment and Partnership (FEMIP), the European Investment Bank (EIB), the EU's lending institution, is providing EUR 40 million to enable mostly private but also public sector industrial companies to invest in pollution abatement measures.
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The National Association of Realtors® believes the parameters issued on december 8, 2006 in the guidance of commercial real estate lending, designed to help prevent imprudent commercial real estate lending, are overly prescriptive causing many banks, particularly smaller, regional banks, to be dissuaded from making sound commercial real estate lending decisions.
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