Archive for December, 2010

Thursday December 30, 2010 12:57

KSP Plans Major Crackdown on Drunk Drivers

KSP is gearing up for the New Years Eve holiday, which is traditionally a time for festive events where people gather to ring in a new year. Many of these celebrations will include the consumption of alcohol, lending way to the potential for impaired drivers on Kentucky roadways. Every year law enforcement officials make a [...]

October 14, 2009, Alexandria, Va. – National Credit Union Administration Chairman Debbie Matz today told the Senate Banking, Housing and Urban Affairs Subcommittee on Financial Institutions that stress in the financial sector has translated into challenging times, but she is confident that the credit union industry will weather the storm. View full post on All [...]

Thursday December 30, 2010 00:24

Housing foreclosures rise during the summer

The number of foreclosed houses rose over the summer after fewer people at risk received assistance lowering their monthly mortgage payments, a new report shows. View full post on All Stories

Wednesday December 29, 2010 20:47

Eurozone banks raise corporate lending

European Central Bank data show loans to companies rose €11bn in November, the third rise in four months, spurring hopes of continued economic recovery View full post on All Stories

Wednesday December 29, 2010 14:41

Think About Rewarding Yourself With A Personal Loan

Sometimes the funds to reward yourself with a vacation or new car just aren’t there, but if it fits into your budget, a personal loan can be a way to accomplish that. Here are some things to watch for when you are shopping for the best rates on a personal loan.

Wednesday December 29, 2010 14:08

Moral Hazard High for Strategic Defaults

Some borrowers are deciding to default, even if they have the abity to pay, a study from Old Dominion University suggests. “The neighbor who is paying the mortgage finds out about their neighbor who isn’t, and it creates something called the moral hazard problem,” one of the researchers said. “The paying neighbor asks himself why [...]

Wednesday December 29, 2010 12:25

Five arrested in plot to attack newspaper

Police in Denmark and Sweden halted an imminent terrorist attack Wednesday by arresting five men who planned to shoot as many people as possible in a building housing the newsroom of a paper that published cartoons of the Prophet Muhammad, officials said. View full post on All Stories

Wednesday December 29, 2010 04:47

Affidavit Probe Expected to Be Done in 2011

A working group of attorneys general and banking officials from all 50 states has been gathering evidence in its probe of potentially improper or illegal lending and servicing practices. The group, led by Iowa’s attorney general, has met a number of times with representatives of five top mortgage lenders and servicers. The group expects it [...]

Wednesday December 29, 2010 00:25

Light trading keeps markets flat

NEW YORK, Dec. 28 (UPI) — Stock markets opened flat Tuesday as October figures on the U.S. housing market showed prices fell 0.8 percent from October 2009 in a 20-city price index. View full post on All Stories

If you are having bad credit rating and looking for urgent financial aid then it is not easy to get finance through banks because banks and lenders eternally consider bad credit history borrowers in the risk position so the application for the loan is turned down without more ado. If you are same then relax! [...]

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