Beware the home-equity loan - Gettysburg Times

Beware the home-equity loan Gettysburg Times Once you start running a credit-card balance, a home-equity loan makes sense. If you're going to be in debt anyway, you want to minimize your interest rate. The federal government, perhaps unwittingly, encouraged home-equity loans by allowing some tax ... and more »

European Equity Futures, Asian Stocks Fall on China; Gold Drops - San Francisco Chronicle

European Equity Futures, Asian Stocks Fall on China; Gold Drops San Francisco Chronicle May 25 (Bloomberg) -- European equity futures and Asian stocks fell as bank officials said China's biggest lenders may fall short of loan targets for the first time in at least seven years. Gold and the Australian dollar slid. and more »

Negative equity remains a drag on housing market - Los Angeles Times

Los Angeles Times

Negative equity remains a drag on housing market Los Angeles Times The new Zillow data show the severity of the negative equity problem down to the ZIP Code level in Southern California. The data indicate that cities farthest from major job centers are now the deepest underwater. More than 60% of loans were underwater ... Despite Home Value Gains, Underwater Homeowners Owe $1.2 Trillion More than ...MarketWatch (press release) Most Underwater Homeowners Still Paying MortgagesNew York Times (blog) Negative Equity More Widespread Than Previously Thought, Report SaysWall Street Journal (blog) LoanSafe all 88 news articles »

Riverview Bancorp Revises Fiscal Fourth Quarter and Year End Results - MarketWatch (press release)

Riverview Bancorp Revises Fiscal Fourth Quarter and Year End Results MarketWatch (press release) "The increase in the provision for loan losses was necessary as a result of updated information received by the Bank on three commercial properties as well as the current regulatory guidance for these individual properties," said Pat Sheaffer, ... and more »

RLPC-Global Blue buyout backed by 60 pct equity - Reuters

RLPC-Global Blue buyout backed by 60 pct equity Reuters Given these concerns it would have been difficult to sell -on the loans in the wider market if the debt portion of the deal was higher, bankers said. Silver Lake and Equistone confirmed the sale but declined to comment on financing. An equity cheque of ... LOANS: Global Blue buyout backed by 60% equityInternational Financing Review all 33 news articles »