HSBC sells US car loans business to Santander - Financial Times
Posted by admin / Under Subprime Lending
 RTT News | HSBC sells US car loans business to Santander Financial Times The deal represents a further scaling down of the British bank's ill-starred involvement in US consumer lending, which went sour when the subprime lending ... HSBC Exits US Auto Finance Business HSBC sells US auto finance units to Santander |
Published on Wednesday 1st of September 2010 05:12:37 AM
Should Banks Be Allowed To Resume Subprime Lending? - Problem Bank List (blog)
Posted by admin / Under Subprime Lending
Should Banks Be Allowed To Resume Subprime Lending? Problem Bank List (blog) In the past, borrowers who did not meet the minimum credit and income criteria for a conforming loan were able to obtain nontraditional or subprime mortgage ... |
Published on Wednesday 1st of September 2010 05:12:37 AM
Foreclosures in state hit Latino homes hardest - San Francisco Chronicle
Posted by admin / Under Subprime Lending
 Star Global Tribune (blog) | Foreclosures in state hit Latino homes hardest San Francisco Chronicle "The data shows that high-cost loans correlate with foreclosures and that there was a big presence of subprime lending to the (Latino) demographic and in ... Mercury News editorial: Consumer financial agency must be set up to police ... Minorities hit hardest by foreclosures Latinos, African Americans More than Half of All California Foreclosures |
Published on Wednesday 1st of September 2010 05:12:37 AM
For Whom the Bell Tolls: Making the Best Choice for Borrowers in a Bad Situation - Huffington Post (blog)
Posted by admin / Under Subprime Lending
 Gamut News (blog) | For Whom the Bell Tolls: Making the Best Choice for Borrowers in a Bad Situation Huffington Post (blog) Moreover, the explosion of sub-prime lending was an expansion of credit particularly to low-income households, although it was certainly not limited to them ... Mortgage Rates Hit New 4.36% Record Low But Does It Really Matter? |
Published on Wednesday 1st of September 2010 05:12:37 AM
Geithner: Fannie, Freddie losses were 'avoidable,' pledges bipartisan overhaul - The Hill (blog)
Posted by admin / Under Subprime Lending
 Globe and Mail | Geithner: Fannie, Freddie losses were 'avoidable,' pledges bipartisan overhaul The Hill (blog) ... FROM…the measure that was introduced dealt with an a mini-Enron like accounting scandal at FM, not anything connected to subprime lending. ... Are Fundamental Changes for Mortgage Giants Fannie, Freddie Ahead? Why the Feds Want to Stay in the Mortgage Game Taylor: Four Ways to Fix Fannie and Freddie |
Published on Wednesday 1st of September 2010 05:12:37 AM
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This Day In History
Canadian provinces: Canada welcomed two new provinces, Saskatchewan and Alberta (1905)
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