Obama promises lower mortgage costs, new loans (USA Today)
January 31st, 2009
President Barack Obama on Saturday promised to lower mortgage costs, offer job-creating loans for small businesses, get credit flowing and rein in free-spending executives as he readies a new road map for spending billions from the second installment of the financial rescue plan.
Ash Damage And Insurance Coverage (KTVA Anchorage)
January 31st, 2009
If Redoubt erupts, and you have some damage, most Alaska insurance officials say generally ash damage will be covered. “So I just hear people asking what can I do to make sure I’m covered if something happens to my property,” says South Anchorage State Farm Insurance Agent Todd Jackson.
Geoff Oldfather: Residents respond to State Farm’s plan to drop insurance policies (Stuart News)
January 31st, 2009
If you want to get residents and at least one local lawmaker angry, threaten to cancel their homeowner’s insurance for no reason.
Help for Paying Off Your Student Loans (US News & World Report)
January 31st, 2009
A new program makes paying federal student loans more affordable for low-income borrowers.
Mizuho sinks into red on bad loans, stock losses (AP via Yahoo! Finance)
January 31st, 2009
Bad loans and steep equity losses pushed Mizuho Financial Group Inc. deep into red in the third quarter, forcing the major Japanese bank to slash its full-year net profit outlook by 60 percent.
Asia-Pacific bad loans rise, says Merrill Lynch (Business Times (Malaysia))
January 31st, 2009
HONG KONG: Asia-Pacific non-performing loans are rising and the region’s banks are having a “disappointing” start to 2009 as the economy slows, according to Bank of America Corp’s Merrill Lynch & Co unit.
Low interest in loans (Business Times (Malaysia))
January 31st, 2009
APPLICATIONS for loans in Malaysia fell by 19 per cent in December from a year ago, reflecting cautious sentiment amid the slowing economy. This, however, was an improvement over a 33 per cent slump seen earlier in November.
Chrysler Says it Needs $3B More in Loans; Fiat Deal Can Close (HispanicBusiness.com)
January 31st, 2009
Chrysler LLC confirmed Thursday it needs an additional $3 billion in loans from the federal government to close its deal with Fiat SpA.
(AFX UK Focus) 2009-01-30 21:30 US business loans rose $2.1 bln in latest week-Fed (Interactive Investor)
January 31st, 2009
WASHINGTON, Jan 30 (Reuters) - Commercial and industrial loans on the books at U.S. commercial banks rose in the latest week, the Federal Reserve said on Friday. WEEK ENDED Jan. 21 (Seasonally adjusted, billions of dollars) Business loans……….1,570.9 up…………….2.1 Govt, agency securities.1,290.4 up…………….2.0 Large time deposits…..1,995.9 down…………..4.7 ((To access …
Beware Of Early Tax Refund Loans (WILX 10 Lansing)
January 31st, 2009
Refund anticipation loans can be costly.